Large Location Icon

331 S Belmont Ave; Elgin, IL Property Details

331 S Belmont Ave, Elgin, IL is a Residential General that was built in 1973. This property is currently Financed and is not for sale. Our records show that 331 S Belmont Ave has 3 bedrooms, and 1 bathroom, and a total of 1,004 square feet.

Off market
331 S Belmont Ave Elgin, IL 60123
$160,000 Listing Price
3 Beds
1 Baths
1,004 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1973
  • Purchase Price: $160,000
  • Open Loans / Balance: 1 / $115,043
  • Est. Equity / %: $67,957 / 37.13%
  • Gross Yield: 10.118%
  • APN: 06-21-276-038
  • Situs County: Kane
  • Length Of Ownership: 4 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,004/SqFt
  • Gross: 1,004/SqFt
  • Living: 1,004/SqFt
  • Building: 1,004/SqFt
  • Price Per Square Foot: $159.36

Legal Description

  • Description: BURNIDGE BROS IND PARK COLLEGE VIEW SOUTH 7 FT OF LOT 1 & ALL LOTS 2 & 3 EXCEPT SOUTH 13.33 FT THEREOF BUILDING 2 UNIT J
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: 42.02265 / -88.3261
  • Subdivision: Burnidge Bros Ind Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6904
  • Cooling: Yes

HOA

  • H O A One Type: Condo  Owner Association

Ownership Info

331 S Belmont Ave has no associated ownership info
331 S Belmont Ave has no associated ownership info.

Taxes

331 S Belmont Ave has 10 associated Taxes items

331 S Belmont 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 $40,035. The APN we've located for 331 S Belmont Ave is 06-21-276-038.

Unlock the full report
Taxes
  • Assessed Value:  $40,035
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-21-276-038
  • Assessed Land Value:  7837
  • Market Land Value:  23520
  • Tax Amount:  3054.3
  • Tax Year:  2025
  • Market Value:  120153
  • Market Year:  2025

Tax History

331 S Belmont Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $40,035 Land Value $7,837 Improvement Value $32,198 Tax Amount $3,054.3 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $36,874 Land Value $7,218 Improvement Value $29,656 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $33,313 Land Value $6,521 Improvement Value $26,792 Tax Amount $2,839.78 Change Rate +0.343524% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $30,376 Land Value $5,946 Improvement Value $24,430 Tax Amount $2,113.68 Change Rate +0.057697% Assessed CR Tax Rate +0.069584%
Year 2021 Assessed Value $28,399 Land Value $5,559 Improvement Value $22,840 Tax Amount $1,998.38 Change Rate +0.037904% Assessed CR Tax Rate +0.070368%
Year 2020 Assessed Value $27,111 Land Value $5,307 Improvement Value $21,804 Tax Amount $1,925.4 Change Rate +0.039857% Assessed CR Tax Rate +0.071019%
Year 2019 Assessed Value $25,825 Land Value $5,055 Improvement Value $20,770 Tax Amount $1,851.6 Change Rate +0.528177% Assessed CR Tax Rate +0.071698%
Year 2018 Assessed Value $18,529 Land Value $4,762 Improvement Value $13,767 Tax Amount $1,211.64 Change Rate -0.989771% Assessed CR Tax Rate +0.065392%
Year 2017 Assessed Value $17,517 Land Value $4,502 Improvement Value $13,015 Tax Amount $118,456.55 Change Rate +67.346756% Assessed CR Tax Rate +6.762377%
Year 2016 Assessed Value $16,251 Land Value $4,177 Improvement Value $12,074 Tax Amount $1,733.17 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $14,896 Land Value $3,829 Improvement Value $11,067 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $17,905 Land Value $3,782 Improvement Value $14,123 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $18,378 Land Value $3,882 Improvement Value $14,496 Tax Amount Change Rate Assessed CR Tax Rate