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474 Summit St; Elgin, IL Property Details

474 Summit St, Elgin, IL is a General that was built in 1962. This property is currently a cash purchase and is not for sale. Our records show that 474 Summit St has a total of 4,898 square feet. The lot size of 474 Summit St is 14,640 square feet.

Off market
474 Summit St Elgin, IL 60120
$260,000 Listing Price
4,898 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1962
  • Purchase Price: $255,000
  • APN: 06-12-454-017
  • Situs County: Kane
  • Length Of Ownership: 2 years, 7 months

Measurements

  • Total: 4,898/SqFt
  • Lot: 14,640/SqFt
  • Gross: 4,898/SqFt
  • Living: 4,898/SqFt
  • Building: 4,898/SqFt
  • Price Per Square Foot: $52.06

Legal Description

  • Description: FRANKLIN J KRAMER'S SUB EAST 52 FT (MEASURED ON NORTH LINE) LOT 4 & ALL OF LOTS 5 & 6 EXCEPT EAST 52 FT (MEASURED ON NORTH LINE)
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: 42.0465 / -88.27185
  • Subdivision: Franklin J Kramers Sub
  • Property Class: Commercial
  • County Use Code: 0070

Amenities

  • Plus Four: 3829

Ownership Info

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

Taxes

474 Summit St has 10 associated Taxes items

474 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 $100,137. The APN we've located for 474 Summit St is 06-12-454-017.

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Taxes
  • Assessed Value:  $100,137
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-454-017
  • Assessed Land Value:  56041
  • Market Land Value:  168190
  • Tax Amount:  7639.52
  • Tax Year:  2025
  • Market Value:  300531
  • Market Year:  2025

Tax History

474 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $100,137 Land Value $56,041 Improvement Value $44,096 Tax Amount $7,639.52 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $92,232 Land Value $51,617 Improvement Value $40,615 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $83,325 Land Value $46,632 Improvement Value $36,693 Tax Amount $7,103.06 Change Rate -0.394312% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $135,245 Land Value $42,520 Improvement Value $92,725 Tax Amount $11,727.26 Change Rate +0.039562% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $126,444 Land Value $39,753 Improvement Value $86,691 Tax Amount $11,280.96 Change Rate +0.024687% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $120,710 Land Value $37,950 Improvement Value $82,760 Tax Amount $11,009.18 Change Rate +0.025145% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $114,984 Land Value $36,150 Improvement Value $78,834 Tax Amount $10,739.14 Change Rate -0.310734% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $154,030 Land Value $34,056 Improvement Value $119,974 Tax Amount $15,580.55 Change Rate -0.990221% Assessed CR Tax Rate +0.101153%
Year 2017 Assessed Value $154,907 Land Value $34,250 Improvement Value $120,657 Tax Amount $1,593,275 Change Rate +96.19584% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $153,703 Land Value $33,984 Improvement Value $119,719 Tax Amount $16,392.42 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $140,882 Land Value $31,149 Improvement Value $109,733 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $139,142 Land Value $30,764 Improvement Value $108,378 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $142,812 Land Value $31,575 Improvement Value $111,237 Tax Amount Change Rate Assessed CR Tax Rate