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501 Algona Ave; Elgin, IL Property Details

501 Algona Ave, Elgin, IL is a Single Family that was built in 1900. This property is currently a cash purchase and is not for sale. Our records show that 501 Algona Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,968 square feet. The lot size of 501 Algona Ave is 8,712 square feet.

Off market
501 Algona Ave Elgin, IL 60120
$60,000 Listing Price
4 Beds
2 Baths
1,968 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $60,000
  • Open Loans / Balance: 1 / $102,883
  • Est. Equity / %: $232,117 / 69.29%
  • Gross Yield: 6.86%
  • APN: 06-12-408-001
  • Situs County: Kane
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,968/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,952/SqFt
  • Living: 1,968/SqFt
  • Basement: 984/SqFt
  • Building: 2,952/SqFt
  • Price Per Square Foot: $30.49

Legal Description

  • Description: W H WILCOXS ADDN LOT 4 BLOCK 6
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: 42.049114 / -88.270386
  • Subdivision: W H Wilcoxs Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3901
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

501 Algona Ave has no associated ownership info
501 Algona Ave has no associated ownership info.

Taxes

501 Algona Ave has 10 associated Taxes items

501 Algona 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 $87,068. The APN we've located for 501 Algona Ave is 06-12-408-001.

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Taxes
  • Assessed Value:  $87,068
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-408-001
  • Assessed Land Value:  20696
  • Market Land Value:  62113
  • Tax Amount:  6032.16
  • Tax Year:  2025
  • Market Value:  261309
  • Market Year:  2025

Tax History

501 Algona Ave has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,068 Land Value $20,696 Improvement Value $66,372 Tax Amount $6,032.16 Change Rate Assessed CR Tax Rate +0.069281%
Year 2024 Assessed Value $80,195 Land Value $19,062 Improvement Value $61,133 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $72,450 Land Value $17,221 Improvement Value $55,229 Tax Amount $5,494.06 Change Rate +0.141955% Assessed CR Tax Rate +0.075832%
Year 2022 Assessed Value $61,484 Land Value $15,703 Improvement Value $45,781 Tax Amount $4,811.1 Change Rate +0.047449% Assessed CR Tax Rate +0.07825%
Year 2021 Assessed Value $57,483 Land Value $14,681 Improvement Value $42,802 Tax Amount $4,593.16 Change Rate +0.030397% Assessed CR Tax Rate +0.079905%
Year 2020 Assessed Value $54,876 Land Value $14,015 Improvement Value $40,861 Tax Amount $4,457.66 Change Rate +0.031446% Assessed CR Tax Rate +0.081232%
Year 2019 Assessed Value $52,273 Land Value $13,350 Improvement Value $38,923 Tax Amount $4,321.76 Change Rate +0.722592% Assessed CR Tax Rate +0.082677%
Year 2018 Assessed Value $49,245 Land Value $12,577 Improvement Value $36,668 Tax Amount $2,508.87 Change Rate -0.993985% Assessed CR Tax Rate +0.050947%
Year 2017 Assessed Value $46,554 Land Value $11,890 Improvement Value $34,664 Tax Amount $417,112.69 Change Rate +89.55442% Assessed CR Tax Rate +8.95976%
Year 2016 Assessed Value $43,190 Land Value $11,031 Improvement Value $32,159 Tax Amount $4,606.21 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $39,588 Land Value $10,111 Improvement Value $29,477 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $39,099 Land Value $9,986 Improvement Value $29,113 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $40,130 Land Value $10,249 Improvement Value $29,881 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $5,028.66 Change Rate Assessed CR Tax Rate