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40 N Edison Ave; Elgin, IL Property Details

40 N Edison Ave, Elgin, IL is a Single Family that was built in 1926. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 40 N Edison Ave has 4 bedrooms, and 3 bathrooms, and a total of 1,564 square feet. The lot size of 40 N Edison Ave is 6,600 square feet.

Off market
40 N Edison Ave Elgin, IL 60123
$115,000 Listing Price
4 Beds
3 Baths
1,564 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1926
  • Purchase Price: $115,000
  • Est. Equity / %: $323,000 / 100%
  • Gross Yield: 9.541%
  • APN: 06-15-427-016
  • Situs County: Kane
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 7

Structure

  • Stories: 1
  • Exterior Wall Type: Brick
  • Water Source: Municipal

Measurements

  • Total: 1,564/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,737/SqFt
  • Living: 1,564/SqFt
  • Basement: 1,173/SqFt
  • Building: 2,737/SqFt
  • Ground: 1,564/SqFt
  • Price Per Square Foot: $73.53

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 5 BLOCK 5
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.035797 / -88.30488
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5234
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

40 N Edison Ave has no associated ownership info
40 N Edison Ave has no associated ownership info.

Taxes

40 N Edison Ave has 10 associated Taxes items

40 N Edison 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 $93,030. The APN we've located for 40 N Edison Ave is 06-15-427-016.

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Taxes
  • Assessed Value:  $93,030
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-427-016
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  6487
  • Tax Year:  2025
  • Market Value:  279202
  • Market Year:  2025

Tax History

40 N Edison Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $93,030 Land Value $15,540 Improvement Value $77,490 Tax Amount $6,487 Change Rate Assessed CR Tax Rate +0.06973%
Year 2024 Assessed Value $85,686 Land Value $14,313 Improvement Value $71,373 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $77,411 Land Value $12,931 Improvement Value $64,480 Tax Amount $5,916.96 Change Rate +0.056536% Assessed CR Tax Rate +0.076436%
Year 2022 Assessed Value $70,586 Land Value $11,791 Improvement Value $58,795 Tax Amount $5,600.34 Change Rate +0.046323% Assessed CR Tax Rate +0.079341%
Year 2021 Assessed Value $65,993 Land Value $11,024 Improvement Value $54,969 Tax Amount $5,352.4 Change Rate +0.029585% Assessed CR Tax Rate +0.081106%
Year 2020 Assessed Value $63,000 Land Value $10,524 Improvement Value $52,476 Tax Amount $5,198.6 Change Rate +0.030536% Assessed CR Tax Rate +0.082517%
Year 2019 Assessed Value $60,012 Land Value $10,025 Improvement Value $49,987 Tax Amount $5,044.56 Change Rate +0.021559% Assessed CR Tax Rate +0.084059%
Year 2018 Assessed Value $56,535 Land Value $9,444 Improvement Value $47,091 Tax Amount $4,938.1 Change Rate -0.989881% Assessed CR Tax Rate +0.087346%
Year 2017 Assessed Value $53,446 Land Value $8,928 Improvement Value $44,518 Tax Amount $487,999.44 Change Rate +91.28204% Assessed CR Tax Rate +9.130701%
Year 2016 Assessed Value $49,584 Land Value $8,283 Improvement Value $41,301 Tax Amount $5,288.13 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $45,448 Land Value $7,592 Improvement Value $37,856 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $44,887 Land Value $7,498 Improvement Value $37,389 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $46,071 Land Value $7,696 Improvement Value $38,375 Tax Amount Change Rate Assessed CR Tax Rate