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418 Illinois Ave; Elgin, IL Property Details

418 Illinois Ave, Elgin, IL is a Residential General that was built in 1924. This property is currently Financed and is not for sale. Our records show that 418 Illinois Ave has 1 bathroom, and a total of 1,540 square feet. The lot size of 418 Illinois Ave is 12,660 square feet.

Off market
418 Illinois Ave Elgin, IL 60120
$92,325 Estimated Value
1 Baths
1,540 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1924
  • Purchase Price: $115,000
  • Open Loans / Balance: 2 / $60,829
  • Est. Equity / %: $234,171 / 79.38%
  • Gross Yield: 10.898%
  • APN: 06-24-229-026
  • Situs County: Kane
  • Length Of Ownership: 27 years, 6 months

Rooms

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

Structure

  • Stories: 2
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,540/SqFt
  • Lot: 12,660/SqFt
  • Gross: 2,352/SqFt
  • Living: 1,540/SqFt
  • Basement: 812/SqFt
  • Building: 2,352/SqFt
  • Price Per Square Foot: $74.68

Legal Description

  • Description: SUB OF BLOCK 10 SHERMANS ADDN SOUTH 60 FT LOT 3 BLOCK 6
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: 42.02855 / -88.26652
  • Subdivision: Shermans Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7913
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

418 Illinois Ave has 10 associated Taxes items

418 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 $92,325. The APN we've located for 418 Illinois Ave is 06-24-229-026.

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Taxes
  • Assessed Value:  $92,325
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-229-026
  • Assessed Land Value:  19368
  • Market Land Value:  58127
  • Tax Amount:  7043.54
  • Tax Year:  2025
  • Market Value:  277086
  • Market Year:  2025

Tax History

418 Illinois Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,325 Land Value $19,368 Improvement Value $72,957 Tax Amount $7,043.54 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $85,037 Land Value $17,839 Improvement Value $67,198 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $76,824 Land Value $16,116 Improvement Value $60,708 Tax Amount $6,548.88 Change Rate +0.078161% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $70,050 Land Value $14,695 Improvement Value $55,355 Tax Amount $6,074.12 Change Rate +0.039555% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $65,492 Land Value $13,739 Improvement Value $51,753 Tax Amount $5,843 Change Rate +0.06476% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $60,169 Land Value $13,116 Improvement Value $47,053 Tax Amount $5,487.62 Change Rate +0.025141% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $57,315 Land Value $12,494 Improvement Value $44,821 Tax Amount $5,353.04 Change Rate +0.056195% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $51,690 Land Value $11,770 Improvement Value $39,920 Tax Amount $5,068.23 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $48,866 Land Value $11,127 Improvement Value $37,739 Tax Amount $502,604.66 Change Rate +102.95176% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $45,335 Land Value $10,323 Improvement Value $35,012 Tax Amount $4,834.98 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $41,554 Land Value $9,462 Improvement Value $32,092 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $41,041 Land Value $9,345 Improvement Value $31,696 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $47,864 Land Value $9,591 Improvement Value $38,273 Tax Amount Change Rate Assessed CR Tax Rate