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50 S Melrose Ave; Elgin, IL Property Details

50 S Melrose Ave, Elgin, IL is a Single Family that was built in 1924. This property is currently Financed and is not for sale. Our records show that 50 S Melrose Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,656 square feet. The lot size of 50 S Melrose Ave is 6,336 square feet.

Off market
50 S Melrose Ave Elgin, IL 60123
$145,000 Listing Price
4 Beds
2 Baths
1,656 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1924
  • Purchase Price: $145,000
  • Open Loans / Balance: 2 / $175,969
  • Est. Equity / %: $171,031 / 49.29%
  • Gross Yield: 8.559%
  • APN: 06-15-453-009
  • Situs County: Kane
  • Length Of Ownership: 9 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,656/SqFt
  • Lot: 6,336/SqFt
  • Gross: 2,484/SqFt
  • Living: 1,656/SqFt
  • Basement: 828/SqFt
  • Building: 2,484/SqFt
  • Price Per Square Foot: $87.56

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 1 BLOCK 26
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: 42.03308 / -88.3084
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6051
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

50 S Melrose Ave has no associated ownership info
50 S Melrose Ave has no associated ownership info.

Taxes

50 S Melrose Ave has 10 associated Taxes items

50 S Melrose 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 $87,097. The APN we've located for 50 S Melrose Ave is 06-15-453-009.

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Taxes
  • Assessed Value:  $87,097
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-453-009
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  6034.38
  • Tax Year:  2025
  • Market Value:  261396
  • Market Year:  2025

Tax History

50 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,097 Land Value $15,540 Improvement Value $71,557 Tax Amount $6,034.38 Change Rate Assessed CR Tax Rate +0.069283%
Year 2024 Assessed Value $80,222 Land Value $14,313 Improvement Value $65,909 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $72,475 Land Value $12,931 Improvement Value $59,544 Tax Amount $5,496.18 Change Rate +0.054917% Assessed CR Tax Rate +0.075836%
Year 2022 Assessed Value $66,085 Land Value $11,791 Improvement Value $54,294 Tax Amount $5,210.06 Change Rate +0.046832% Assessed CR Tax Rate +0.078839%
Year 2021 Assessed Value $61,785 Land Value $11,024 Improvement Value $50,761 Tax Amount $4,976.98 Change Rate +0.029953% Assessed CR Tax Rate +0.080553%
Year 2020 Assessed Value $58,983 Land Value $10,524 Improvement Value $48,459 Tax Amount $4,832.24 Change Rate +0.030961% Assessed CR Tax Rate +0.081926%
Year 2019 Assessed Value $56,185 Land Value $10,025 Improvement Value $46,160 Tax Amount $4,687.12 Change Rate +0.236998% Assessed CR Tax Rate +0.083423%
Year 2018 Assessed Value $52,930 Land Value $9,444 Improvement Value $43,486 Tax Amount $3,789.11 Change Rate -0.987105% Assessed CR Tax Rate +0.071587%
Year 2017 Assessed Value $50,038 Land Value $8,928 Improvement Value $41,110 Tax Amount $293,842.59 Change Rate +58.351227% Assessed CR Tax Rate +5.872389%
Year 2016 Assessed Value $46,422 Land Value $8,283 Improvement Value $38,139 Tax Amount $4,950.91 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $42,550 Land Value $7,592 Improvement Value $34,958 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $42,024 Land Value $7,498 Improvement Value $34,526 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $43,133 Land Value $7,696 Improvement Value $35,437 Tax Amount Change Rate Assessed CR Tax Rate