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465 Summit St; Elgin, IL Property Details

465 Summit St, Elgin, IL is a General that was built in 1962. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 465 Summit St has a total of 31,299 square feet. The lot size of 465 Summit St is 54,995 square feet.

Off market
465 Summit St Elgin, IL 60120
$1,150,000 Listing Price
31,299 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Corporate
  • Owner Status: Corporate
  • Year Built: 1962
  • Purchase Price: $1,150,000
  • APN: 06-12-456-001
  • Situs County: Kane
  • Length Of Ownership: 12 years, 9 months

Measurements

  • Total: 31,299/SqFt
  • Lot: 54,995/SqFt
  • Gross: 31,299/SqFt
  • Living: 31,299/SqFt
  • Building: 31,299/SqFt
  • Price Per Square Foot: $36.74

Legal Description

  • Description: FRANKLIN J KRAMERS SUB LOTS 13, 14, 15 & 16
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.04608 / -88.27284
  • Subdivision: Franklin J Kramers Sub
  • Property Class: Commercial
  • County Use Code: 0060

Amenities

  • Plus Four: 5241

Ownership Info

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

Taxes

465 Summit St has 10 associated Taxes items

465 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 $250,461. The APN we've located for 465 Summit St is 06-12-456-001.

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Taxes
  • Assessed Value:  $250,461
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-456-001
  • Assessed Land Value:  134622
  • Market Land Value:  404028
  • Tax Amount:  19107.86
  • Tax Year:  2025
  • Market Value:  751684
  • Market Year:  2025

Tax History

465 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $250,461 Land Value $134,622 Improvement Value $115,839 Tax Amount $19,107.86 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $242,665 Land Value $123,996 Improvement Value $118,669 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $227,299 Land Value $112,021 Improvement Value $115,278 Tax Amount $19,376.16 Change Rate -0.043162% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $233,536 Land Value $102,144 Improvement Value $131,392 Tax Amount $20,250.2 Change Rate +0.039561% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $218,339 Land Value $95,497 Improvement Value $122,842 Tax Amount $19,479.56 Change Rate +0.02468% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $208,439 Land Value $91,167 Improvement Value $117,272 Tax Amount $19,010.38 Change Rate +0.025149% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $198,551 Land Value $86,842 Improvement Value $111,709 Tax Amount $18,544.02 Change Rate +0.002775% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $187,048 Land Value $81,811 Improvement Value $105,237 Tax Amount $18,492.7 Change Rate -0.990442% Assessed CR Tax Rate +0.098866%
Year 2017 Assessed Value $188,115 Land Value $82,278 Improvement Value $105,837 Tax Amount $1,934,831.5 Change Rate +95.67675% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $187,655 Land Value $82,077 Improvement Value $105,578 Tax Amount $20,013.41 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $236,517 Land Value $75,231 Improvement Value $161,286 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $194,631 Land Value $74,302 Improvement Value $120,329 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $114,074 Land Value $76,262 Improvement Value $37,812 Tax Amount Change Rate Assessed CR Tax Rate