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471 Prospect St; Elgin, IL Property Details

471 Prospect St, Elgin, IL is a Single Family that was built in 1930. This property is currently Financed and is not for sale. Our records show that 471 Prospect St has 2 bedrooms, and 1 bathroom, and a total of 781 square feet. The lot size of 471 Prospect St is 5,214 square feet.

Off market
471 Prospect St Elgin, IL 60120
$61,252 Estimated Value
2 Beds
1 Baths
781 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1930
  • Purchase Price: $110,000
  • Open Loans / Balance: 1 / $68,716
  • Est. Equity / %: $179,284 / 72.29%
  • Gross Yield: 9.726%
  • APN: 06-12-359-001
  • Situs County: Kane
  • Length Of Ownership: 16 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 781/SqFt
  • Lot: 5,214/SqFt
  • Gross: 1,562/SqFt
  • Living: 781/SqFt
  • Basement: 781/SqFt
  • Building: 1,562/SqFt
  • Ground: 781/SqFt
  • Price Per Square Foot: $140.85

Legal Description

  • Description: JANE R KIMBALLS SUB BLOCK 24 P J KIMBALL JRS 3RD ADDN EXCEPT EAST 53 FT LOT 10
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: 42.046253 / -88.279335
  • Subdivision: Jane R Kimballs Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3782
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

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

Taxes

471 Prospect St has 10 associated Taxes items

471 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 $61,252. The APN we've located for 471 Prospect St is 06-12-359-001.

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Taxes
  • Assessed Value:  $61,252
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-359-001
  • Assessed Land Value:  15320
  • Market Land Value:  45978
  • Tax Amount:  4062.64
  • Tax Year:  2025
  • Market Value:  183830
  • Market Year:  2025

Tax History

471 Prospect St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,252 Land Value $15,320 Improvement Value $45,932 Tax Amount $4,062.64 Change Rate Assessed CR Tax Rate +0.066327%
Year 2024 Assessed Value $56,417 Land Value $14,111 Improvement Value $42,306 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $50,968 Land Value $12,748 Improvement Value $38,220 Tax Amount $3,662.82 Change Rate +0.043669% Assessed CR Tax Rate +0.071865%
Year 2022 Assessed Value $46,474 Land Value $11,624 Improvement Value $34,850 Tax Amount $3,509.56 Change Rate +0.050395% Assessed CR Tax Rate +0.075517%
Year 2021 Assessed Value $43,450 Land Value $10,868 Improvement Value $32,582 Tax Amount $3,341.18 Change Rate +0.032535% Assessed CR Tax Rate +0.076897%
Year 2020 Assessed Value $41,480 Land Value $10,375 Improvement Value $31,105 Tax Amount $3,235.9 Change Rate +0.03386% Assessed CR Tax Rate +0.078011%
Year 2019 Assessed Value $39,512 Land Value $9,883 Improvement Value $29,629 Tax Amount $3,129.92 Change Rate +0.169644% Assessed CR Tax Rate +0.079214%
Year 2018 Assessed Value $33,464 Land Value $9,310 Improvement Value $24,154 Tax Amount $2,675.96 Change Rate -0.989851% Assessed CR Tax Rate +0.079965%
Year 2017 Assessed Value $31,635 Land Value $8,801 Improvement Value $22,834 Tax Amount $263,665.34 Change Rate +83.236244% Assessed CR Tax Rate +8.334609%
Year 2016 Assessed Value $29,349 Land Value $8,165 Improvement Value $21,184 Tax Amount $3,130.07 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $26,901 Land Value $7,484 Improvement Value $19,417 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,569 Land Value $7,392 Improvement Value $19,177 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $30,743 Land Value $7,587 Improvement Value $23,156 Tax Amount Change Rate Assessed CR Tax Rate