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402 Mill St; Elgin, IL Property Details

402 Mill St, Elgin, IL is a Residential General that was built in 1898. This property is currently Financed and is not for sale. Our records show that 402 Mill St has 3 bedrooms, and 1 bathroom, and a total of 1,140 square feet. The lot size of 402 Mill St is 8,712 square feet.

Off market
402 Mill St Elgin, IL 60123
$62,063 Estimated Value
3 Beds
1 Baths
1,140 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1898
  • Purchase Price: $88,000
  • Open Loans / Balance: 2 / $118,008
  • Est. Equity / %: $151,992 / 56.29%
  • Gross Yield: 8.929%
  • APN: 06-14-176-042
  • Situs County: Kane
  • Length Of Ownership: 27 years, 3 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Water Source: Municipal

Measurements

  • Total: 1,140/SqFt
  • Lot: 8,712/SqFt
  • Gross: 1,800/SqFt
  • Living: 1,140/SqFt
  • Basement: 660/SqFt
  • Building: 1,800/SqFt
  • Price Per Square Foot: $77.19

Legal Description

  • Description: W C KIMBALLS PLAT OF WEST ELGIN LOT 5 BLOCK 40
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: 42.039562 / -88.29334
  • Subdivision: West Elgin
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5325
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

402 Mill St has no associated ownership info
402 Mill St has no associated ownership info.

Taxes

402 Mill St has 10 associated Taxes items

402 Mill St, 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 $62,063. The APN we've located for 402 Mill St is 06-14-176-042.

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Taxes
  • Assessed Value:  $62,063
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-14-176-042
  • Assessed Land Value:  17864
  • Market Land Value:  53613
  • Tax Amount:  4734.84
  • Tax Year:  2025
  • Market Value:  186264
  • Market Year:  2025

Tax History

402 Mill St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $62,063 Land Value $17,864 Improvement Value $44,199 Tax Amount $4,734.84 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $57,164 Land Value $16,454 Improvement Value $40,710 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $51,643 Land Value $14,865 Improvement Value $36,778 Tax Amount $4,402.32 Change Rate +0.078165% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $47,089 Land Value $13,554 Improvement Value $33,535 Tax Amount $4,083.16 Change Rate +0.039559% Assessed CR Tax Rate +0.086712%
Year 2021 Assessed Value $44,025 Land Value $12,672 Improvement Value $31,353 Tax Amount $3,927.78 Change Rate +0.024701% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $42,028 Land Value $12,097 Improvement Value $29,931 Tax Amount $3,833.1 Change Rate +0.025151% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $40,034 Land Value $11,523 Improvement Value $28,511 Tax Amount $3,739.06 Change Rate +0.011147% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $37,714 Land Value $10,855 Improvement Value $26,859 Tax Amount $3,697.84 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $35,653 Land Value $10,262 Improvement Value $25,391 Tax Amount $366,704.12 Change Rate +102.95404% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $33,076 Land Value $9,520 Improvement Value $23,556 Tax Amount $3,527.56 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $30,317 Land Value $8,726 Improvement Value $21,591 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $29,942 Land Value $8,618 Improvement Value $21,324 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,192 Land Value $8,845 Improvement Value $25,347 Tax Amount Change Rate Assessed CR Tax Rate