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324 Illinois Ave; Elgin, IL Property Details

324 Illinois Ave, Elgin, IL is a Residential General that was built in 1979. This property is currently Financed,Bank Sale and is not for sale. Our records show that 324 Illinois Ave has 3 bedrooms, and 1 bathroom, and a total of 1,485 square feet. The lot size of 324 Illinois Ave is 6,150 square feet.

Off market
324 Illinois Ave Elgin, IL 60120
$67,057 Estimated Value
3 Beds
1 Baths
1,485 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1979
  • Purchase Price: $55,000
  • Open Loans / Balance: 1 / $80,345
  • Est. Equity / %: $192,655 / 70.57%
  • Gross Yield: 11.569%
  • APN: 06-13-478-025
  • Situs County: Kane
  • Length Of Ownership: 16 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,485/SqFt
  • Lot: 6,150/SqFt
  • Gross: 1,485/SqFt
  • Living: 1,485/SqFt
  • Building: 1,485/SqFt
  • Price Per Square Foot: $37.04

Legal Description

  • Description: EDWARD C LOVELLS ADDN LOT 16 & EAST 1/2 VACANT ALLEY ADJ BLOCK 2
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.03092 / -88.26597
  • Subdivision: Edward C Lovells Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6734
  • Cooling: None
  • Garage: Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

324 Illinois Ave has no associated ownership info
324 Illinois Ave has no associated ownership info.

Taxes

324 Illinois Ave has 10 associated Taxes items

324 Illinois Ave, Elgin, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $67,057. The APN we've located for 324 Illinois Ave is 06-13-478-025.

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Taxes
  • Assessed Value:  $67,057
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-13-478-025
  • Assessed Land Value:  11716
  • Market Land Value:  35162
  • Tax Amount:  5115.84
  • Tax Year:  2025
  • Market Value:  201252
  • Market Year:  2025

Tax History

324 Illinois Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $67,057 Land Value $11,716 Improvement Value $55,341 Tax Amount $5,115.84 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $61,764 Land Value $10,791 Improvement Value $50,973 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $55,799 Land Value $9,749 Improvement Value $46,050 Tax Amount $4,756.6 Change Rate +0.078159% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $50,879 Land Value $8,889 Improvement Value $41,990 Tax Amount $4,411.78 Change Rate +0.039538% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $47,569 Land Value $8,311 Improvement Value $39,258 Tax Amount $4,243.98 Change Rate +0.024685% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $45,412 Land Value $7,934 Improvement Value $37,478 Tax Amount $4,141.74 Change Rate +0.025143% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $43,258 Land Value $7,558 Improvement Value $35,700 Tax Amount $4,040.16 Change Rate +0.041633% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $39,558 Land Value $7,120 Improvement Value $32,438 Tax Amount $3,878.68 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $37,397 Land Value $6,731 Improvement Value $30,666 Tax Amount $384,641.78 Change Rate +102.95106% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $34,695 Land Value $6,245 Improvement Value $28,450 Tax Amount $3,700.22 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $31,801 Land Value $5,724 Improvement Value $26,077 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,408 Land Value $5,653 Improvement Value $25,755 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,901 Land Value $5,802 Improvement Value $31,099 Tax Amount Change Rate Assessed CR Tax Rate