Large Location Icon

462 Prospect St; Elgin, IL Property Details

462 Prospect St, Elgin, IL is a Residential General that was built in 1900. This property is currently Financed and is not for sale. Our records show that 462 Prospect St has 4 bedrooms, and 2 bathrooms, and a total of 1,902 square feet. The lot size of 462 Prospect St is 4,356 square feet.

Off market
462 Prospect St Elgin, IL 60120
$77,651 Estimated Value
4 Beds
2 Baths
1,902 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1900
  • Purchase Price: $141,000
  • Est. Equity / %: $325,000 / 100%
  • Gross Yield: 7.506%
  • APN: 06-12-358-010
  • Situs County: Kane
  • Length Of Ownership: 16 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,902/SqFt
  • Lot: 4,356/SqFt
  • Gross: 2,769/SqFt
  • Living: 1,902/SqFt
  • Basement: 867/SqFt
  • Building: 2,769/SqFt
  • Price Per Square Foot: $74.13

Legal Description

  • Description: P J KIMBALL JRS 3RD ADDN SOUTH 1/2 SOUTH 4 RODS LOT 3 BLOCK 23
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: 42.046017 / -88.27999
  • Subdivision: P J Kimball Jrs 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5184
  • Cooling: Yes

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

462 Prospect St has no associated ownership info
462 Prospect St has no associated ownership info.

Taxes

462 Prospect St has 10 associated Taxes items

462 Prospect 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 $77,651. The APN we've located for 462 Prospect St is 06-12-358-010.

Unlock the full report
Taxes
  • Assessed Value:  $77,651
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-358-010
  • Assessed Land Value:  11777
  • Market Land Value:  35345
  • Tax Amount:  5924.06
  • Tax Year:  2025
  • Market Value:  233046
  • Market Year:  2025

Tax History

462 Prospect St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,651 Land Value $11,777 Improvement Value $65,874 Tax Amount $5,924.06 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $71,521 Land Value $10,847 Improvement Value $60,674 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $64,613 Land Value $9,799 Improvement Value $54,814 Tax Amount $5,507.96 Change Rate +0.078157% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $58,916 Land Value $8,935 Improvement Value $49,981 Tax Amount $5,108.68 Change Rate +0.039545% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $55,083 Land Value $8,354 Improvement Value $46,729 Tax Amount $4,914.34 Change Rate +0.024688% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $52,585 Land Value $7,975 Improvement Value $44,610 Tax Amount $4,795.94 Change Rate +0.025137% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $50,091 Land Value $7,597 Improvement Value $42,494 Tax Amount $4,678.34 Change Rate +0.092802% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $43,662 Land Value $7,157 Improvement Value $36,505 Tax Amount $4,281.05 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $41,276 Land Value $6,766 Improvement Value $34,510 Tax Amount $424,538.72 Change Rate +102.952965% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $38,293 Land Value $6,277 Improvement Value $32,016 Tax Amount $4,083.95 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $35,099 Land Value $5,753 Improvement Value $29,346 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,666 Land Value $5,682 Improvement Value $28,984 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $40,831 Land Value $5,832 Improvement Value $34,999 Tax Amount Change Rate Assessed CR Tax Rate