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422 Summit St; Elgin, IL Property Details

422 Summit St, Elgin, IL is a Single Family that was built in 1900. This property is currently Financed and is for sale. Our records show that 422 Summit St has 3 bedrooms, and 2.5 bathrooms, and a total of 1,934 square feet. The lot size of 422 Summit St is 11,352 square feet.

On Market for 21 days
422 Summit St Elgin, IL 60120
$309,900 Listing Price
3 Beds
2.5 Baths
1,934 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1900
  • Purchase Price: $245,000
  • Open Loans / Balance: 1 / $185,372
  • Est. Equity / %: $129,628 / 41.15%
  • Gross Yield: 9.89%
  • APN: 06-12-381-018
  • Situs County: Kane
  • Length Of Ownership: 3 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 1,934/SqFt
  • Lot: 11,352/SqFt
  • Gross: 3,218/SqFt
  • Living: 1,934/SqFt
  • Basement: 1,284/SqFt
  • Building: 3,218/SqFt
  • Price Per Square Foot: $126.68

Legal Description

  • Description: C S MAGDENS ADDN EAST 20 FT LOT 3 & ALL OF LOT 4
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: 42.04658 / -88.27467
  • Subdivision: C S Magdens Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3829
  • Cooling: Window\Unit
  • Garage: Detached Garage
  • Heating: Hot Water
  • Parking: 2

Ownership Info

422 Summit St has no associated ownership info
422 Summit St has no associated ownership info.

Taxes

422 Summit St has 10 associated Taxes items

422 Summit 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 $95,022. The APN we've located for 422 Summit St is 06-12-381-018.

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Taxes
  • Assessed Value:  $95,022
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-381-018
  • Assessed Land Value:  18821
  • Market Land Value:  56486
  • Tax Amount:  6638.98
  • Tax Year:  2025
  • Market Value:  285180
  • Market Year:  2025

Tax History

422 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $95,022 Land Value $18,821 Improvement Value $76,201 Tax Amount $6,638.98 Change Rate Assessed CR Tax Rate +0.069868%
Year 2024 Assessed Value $87,521 Land Value $17,335 Improvement Value $70,186 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $79,069 Land Value $15,661 Improvement Value $63,408 Tax Amount $6,058.3 Change Rate -0.030923% Assessed CR Tax Rate +0.07662%
Year 2022 Assessed Value $72,097 Land Value $14,280 Improvement Value $57,817 Tax Amount $6,251.62 Change Rate +0.039553% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $67,406 Land Value $13,351 Improvement Value $54,055 Tax Amount $6,013.76 Change Rate +0.024672% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $64,350 Land Value $12,746 Improvement Value $51,604 Tax Amount $5,868.96 Change Rate +0.025157% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $61,297 Land Value $12,141 Improvement Value $49,156 Tax Amount $5,724.94 Change Rate +0.11765% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $52,242 Land Value $11,438 Improvement Value $40,804 Tax Amount $5,122.3 Change Rate -0.989916% Assessed CR Tax Rate +0.098049%
Year 2017 Assessed Value $49,387 Land Value $10,813 Improvement Value $38,574 Tax Amount $507,963.31 Change Rate +102.95259% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $45,818 Land Value $10,032 Improvement Value $35,786 Tax Amount $4,886.49 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $41,996 Land Value $9,195 Improvement Value $32,801 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $41,477 Land Value $9,081 Improvement Value $32,396 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $48,440 Land Value $9,321 Improvement Value $39,119 Tax Amount Change Rate Assessed CR Tax Rate