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497 Lincoln Ave; Elgin, IL Property Details

497 Lincoln Ave, Elgin, IL is a Residential General that was built in 1910. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 497 Lincoln Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,775 square feet. The lot size of 497 Lincoln Ave is 8,712 square feet.

Off market
497 Lincoln Ave Elgin, IL 60120
$76,554 Estimated Value
3 Beds
2 Baths
1,775 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Est. Equity / %: $249,000 / 100%
  • Gross Yield: 10.188%
  • APN: 06-12-402-006
  • Situs County: Kane
  • Length Of Ownership: 8 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 1,775/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,645/SqFt
  • Living: 1,775/SqFt
  • Basement: 870/SqFt
  • Building: 2,645/SqFt

Legal Description

  • Description: MCBRIDES HEIRS 2ND ADDN LOT 1 BLOCK 4
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: 42.05101 / -88.27087
  • Subdivision: Mcbrides Heirs 2nd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3079
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

497 Lincoln Ave has no associated ownership info
497 Lincoln Ave has no associated ownership info.

Taxes

497 Lincoln Ave has 10 associated Taxes items

497 Lincoln 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 $76,554. The APN we've located for 497 Lincoln Ave is 06-12-402-006.

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Taxes
  • Assessed Value:  $76,554
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-402-006
  • Assessed Land Value:  19613
  • Market Land Value:  58863
  • Tax Amount:  5840.36
  • Tax Year:  2025
  • Market Value:  229754
  • Market Year:  2025

Tax History

497 Lincoln Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,554 Land Value $19,613 Improvement Value $56,941 Tax Amount $5,840.36 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $70,511 Land Value $18,065 Improvement Value $52,446 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $63,701 Land Value $16,320 Improvement Value $47,381 Tax Amount $5,430.2 Change Rate +0.156361% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $54,156 Land Value $14,881 Improvement Value $39,275 Tax Amount $4,695.94 Change Rate +0.03956% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $50,632 Land Value $13,913 Improvement Value $36,719 Tax Amount $4,517.24 Change Rate +0.024685% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $48,336 Land Value $13,282 Improvement Value $35,054 Tax Amount $4,408.42 Change Rate +0.025147% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $46,043 Land Value $12,652 Improvement Value $33,391 Tax Amount $4,300.28 Change Rate +0.090235% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $43,375 Land Value $11,919 Improvement Value $31,456 Tax Amount $3,944.36 Change Rate -0.989045% Assessed CR Tax Rate +0.090936%
Year 2017 Assessed Value $41,005 Land Value $11,268 Improvement Value $29,737 Tax Amount $360,039.19 Change Rate +87.74124% Assessed CR Tax Rate +8.780373%
Year 2016 Assessed Value $38,042 Land Value $10,454 Improvement Value $27,588 Tax Amount $4,057.18 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $34,869 Land Value $9,582 Improvement Value $25,287 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,439 Land Value $9,464 Improvement Value $24,975 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $35,348 Land Value $9,714 Improvement Value $25,634 Tax Amount Change Rate Assessed CR Tax Rate