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425 Morgan St; Elgin, IL Property Details

425 Morgan St, Elgin, IL is a Residential General that was built in 1885. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 425 Morgan St has 3 bedrooms, and 2 bathrooms, and a total of 2,018 square feet. The lot size of 425 Morgan St is 7,375 square feet.

For Rent
425 Morgan St Elgin, IL 60123
$85,545 Estimated Value
3 Beds
2 Baths
2,018 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1885
  • Purchase Price: $120,500
  • Open Loans / Balance: 1 / $135,837
  • Est. Equity / %: $177,163 / 56.6%
  • Gross Yield: 8.592%
  • APN: 06-23-259-008
  • Situs County: Kane
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 12

Structure

  • Building Style: Frame
  • Stories: 5

Measurements

  • Total: 2,018/SqFt
  • Lot: 7,375/SqFt
  • Gross: 3,503/SqFt
  • Living: 2,018/SqFt
  • Basement: 1,485/SqFt
  • Building: 3,503/SqFt
  • Price Per Square Foot: $59.71

Legal Description

  • Description: MORGAN PARK ADDN LOT 7 BLOCK 4
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: 42.02392 / -88.28842
  • Subdivision: Morgan Park Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7588
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

425 Morgan St has no associated ownership info
425 Morgan St has no associated ownership info.

Taxes

425 Morgan St has 10 associated Taxes items

425 Morgan 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 $85,545. The APN we've located for 425 Morgan St is 06-23-259-008.

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Taxes
  • Assessed Value:  $85,545
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-259-008
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  6526.3
  • Tax Year:  2025
  • Market Value:  256738
  • Market Year:  2025

Tax History

425 Morgan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $85,545 Land Value $15,540 Improvement Value $70,005 Tax Amount $6,526.3 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $78,792 Land Value $14,313 Improvement Value $64,479 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $71,183 Land Value $12,931 Improvement Value $58,252 Tax Amount $6,068.02 Change Rate +0.164812% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $60,078 Land Value $11,791 Improvement Value $48,287 Tax Amount $5,209.44 Change Rate +0.039551% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $56,169 Land Value $11,024 Improvement Value $45,145 Tax Amount $5,011.24 Change Rate +0.024684% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $53,622 Land Value $10,524 Improvement Value $43,098 Tax Amount $4,890.52 Change Rate +0.025133% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $51,079 Land Value $10,025 Improvement Value $41,054 Tax Amount $4,770.62 Change Rate +0.011136% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $48,119 Land Value $9,444 Improvement Value $38,675 Tax Amount $4,718.08 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $45,490 Land Value $8,928 Improvement Value $36,562 Tax Amount $467,881.25 Change Rate +102.95167% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $42,203 Land Value $8,283 Improvement Value $33,920 Tax Amount $4,500.95 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $38,683 Land Value $7,592 Improvement Value $31,091 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,205 Land Value $7,498 Improvement Value $30,707 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $39,213 Land Value $7,696 Improvement Value $31,517 Tax Amount Change Rate Assessed CR Tax Rate