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494 Princeton Ave; Elgin, IL Property Details

494 Princeton Ave, Elgin, IL is a Residential General that was built in 1979. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 494 Princeton Ave has 3 bedrooms, and 2 bathrooms, and a total of 2,701 square feet. The lot size of 494 Princeton Ave is 9,322 square feet.

Off market
494 Princeton Ave Elgin, IL 60123
$125,900 Listing Price
3 Beds
2 Baths
2,701 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1979
  • Purchase Price: $191,908
  • Est. Equity / %: $360,000 / 100%
  • Gross Yield: 11.193%
  • APN: 06-21-403-014
  • Situs County: Kane
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

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

Measurements

  • Total: 2,701/SqFt
  • Lot: 9,322/SqFt
  • Gross: 2,701/SqFt
  • Living: 2,701/SqFt
  • Building: 2,701/SqFt
  • Ground: 2,701/SqFt
  • Price Per Square Foot: $71.05

Legal Description

  • Description: COLLEGE PARK UNIT 4 LOT 130
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: 42.020943 / -88.32776
  • Subdivision: College Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6982
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Annual
  • H O A One Name: Heartland Meadows Duplex Homeowners Asso
  • H O A One Type: Condo  Owner Association

Ownership Info

494 Princeton Ave has no associated ownership info
494 Princeton Ave has no associated ownership info.

Taxes

494 Princeton Ave has 10 associated Taxes items

494 Princeton Ave, 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 $118,358. The APN we've located for 494 Princeton Ave is 06-21-403-014.

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Taxes
  • Assessed Value:  $118,358
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-21-403-014
  • Assessed Land Value:  23194
  • Market Land Value:  69610
  • Tax Amount:  9029.62
  • Tax Year:  2025
  • Market Value:  355216
  • Market Year:  2025

Tax History

494 Princeton Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $118,358 Land Value $23,194 Improvement Value $95,164 Tax Amount $9,029.62 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $109,015 Land Value $21,363 Improvement Value $87,652 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $98,487 Land Value $19,300 Improvement Value $79,187 Tax Amount $8,395.54 Change Rate +0.078157% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $89,803 Land Value $17,598 Improvement Value $72,205 Tax Amount $7,786.94 Change Rate +0.039553% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $83,960 Land Value $16,453 Improvement Value $67,507 Tax Amount $7,490.66 Change Rate +0.02468% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $80,153 Land Value $15,707 Improvement Value $64,446 Tax Amount $7,310.24 Change Rate +0.025144% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $76,351 Land Value $14,962 Improvement Value $61,389 Tax Amount $7,130.94 Change Rate +0.064761% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $68,304 Land Value $14,095 Improvement Value $54,209 Tax Amount $6,697.22 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $64,572 Land Value $13,325 Improvement Value $51,247 Tax Amount $664,146.56 Change Rate +102.95368% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $59,905 Land Value $12,362 Improvement Value $47,543 Tax Amount $6,388.87 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $53,011 Land Value $11,331 Improvement Value $41,680 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $52,356 Land Value $11,191 Improvement Value $41,165 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $53,737 Land Value $11,486 Improvement Value $42,251 Tax Amount Change Rate Assessed CR Tax Rate