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501 Barrett St; Elgin, IL Property Details

501 Barrett St, Elgin, IL is a Residential General that was built in 1910. This property is currently Financed and is not for sale. Our records show that 501 Barrett St has 3 bedrooms, and 1 bathroom, and a total of 1,424 square feet. The lot size of 501 Barrett St is 6,534 square feet.

Off market
501 Barrett St Elgin, IL 60120
$70,487 Estimated Value
3 Beds
1 Baths
1,424 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1910
  • Purchase Price: $119,500
  • Open Loans / Balance: 1 / $82,708
  • Est. Equity / %: $184,292 / 69.02%
  • Gross Yield: 10.22%
  • APN: 06-13-457-007
  • Situs County: Kane
  • Length Of Ownership: 25 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,424/SqFt
  • Lot: 6,534/SqFt
  • Gross: 2,136/SqFt
  • Living: 1,424/SqFt
  • Basement: 712/SqFt
  • Building: 2,136/SqFt
  • Price Per Square Foot: $83.92

Legal Description

  • Description: BARRETTS 3RD ADDN LOT 8 BLOCK 1
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: 42.03179 / -88.270905
  • Subdivision: Barretts 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6751
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

501 Barrett St has no associated ownership info
501 Barrett St has no associated ownership info.

Taxes

501 Barrett St has 10 associated Taxes items

501 Barrett 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 $70,487. The APN we've located for 501 Barrett St is 06-13-457-007.

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Taxes
  • Assessed Value:  $70,487
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-13-457-007
  • Assessed Land Value:  14798
  • Market Land Value:  44412
  • Tax Amount:  5377.5
  • Tax Year:  2025
  • Market Value:  211546
  • Market Year:  2025

Tax History

501 Barrett St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $70,487 Land Value $14,798 Improvement Value $55,689 Tax Amount $5,377.5 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $64,923 Land Value $13,630 Improvement Value $51,293 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $58,653 Land Value $12,314 Improvement Value $46,339 Tax Amount $4,999.9 Change Rate +0.078169% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $53,481 Land Value $11,228 Improvement Value $42,253 Tax Amount $4,637.4 Change Rate +0.039557% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $50,001 Land Value $10,497 Improvement Value $39,504 Tax Amount $4,460.94 Change Rate +0.064735% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $45,938 Land Value $10,021 Improvement Value $35,917 Tax Amount $4,189.72 Change Rate +0.025143% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $43,759 Land Value $9,546 Improvement Value $34,213 Tax Amount $4,086.96 Change Rate +0.060504% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $39,304 Land Value $8,993 Improvement Value $30,311 Tax Amount $3,853.79 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $37,157 Land Value $8,502 Improvement Value $28,655 Tax Amount $382,173.31 Change Rate +102.952% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $34,472 Land Value $7,888 Improvement Value $26,584 Tax Amount $3,676.44 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $31,597 Land Value $7,230 Improvement Value $24,367 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,207 Land Value $7,141 Improvement Value $24,066 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,389 Land Value $7,329 Improvement Value $29,060 Tax Amount Change Rate Assessed CR Tax Rate