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501 Hammond Ave; Elgin, IL Property Details

501 Hammond Ave, Elgin, IL is a Residential General that was built in 1900. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 501 Hammond Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,407 square feet. The lot size of 501 Hammond Ave is 7,538 square feet.

Off market
501 Hammond Ave Elgin, IL 60120
$46,000 Listing Price
4 Beds
2 Baths
1,407 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $46,000
  • Open Loans / Balance: 1 / $177,981
  • Est. Equity / %: $94,019 / 34.57%
  • Gross Yield: 8.453%
  • APN: 06-25-226-006
  • Situs County: Kane
  • Length Of Ownership: 12 years, 5 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 1,407/SqFt
  • Lot: 7,538/SqFt
  • Gross: 2,226/SqFt
  • Living: 1,407/SqFt
  • Basement: 819/SqFt
  • Building: 2,226/SqFt
  • Price Per Square Foot: $32.69

Legal Description

  • Description: BLUFF SPRING SUB LOT 11
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: School District U-46
  • Lat / Lon: 42.01517 / -88.268265
  • Subdivision: Bluff Spring Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 8427
  • Cooling: None

Ownership Info

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

Taxes

501 Hammond Ave has 10 associated Taxes items

501 Hammond 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 $72,480. The APN we've located for 501 Hammond Ave is 06-25-226-006.

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Taxes
  • Assessed Value:  $72,480
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-25-226-006
  • Assessed Land Value:  16302
  • Market Land Value:  48926
  • Tax Amount:  5529.56
  • Tax Year:  2025
  • Market Value:  217527
  • Market Year:  2025

Tax History

501 Hammond Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,480 Land Value $16,302 Improvement Value $56,178 Tax Amount $5,529.56 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $66,759 Land Value $15,015 Improvement Value $51,744 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $60,312 Land Value $13,565 Improvement Value $46,747 Tax Amount $5,141.32 Change Rate +0.078161% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $54,994 Land Value $12,369 Improvement Value $42,625 Tax Amount $4,768.6 Change Rate +0.039567% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $51,415 Land Value $11,564 Improvement Value $39,851 Tax Amount $4,587.1 Change Rate +0.063952% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $47,272 Land Value $11,040 Improvement Value $36,232 Tax Amount $4,311.38 Change Rate +0.025162% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $45,029 Land Value $10,516 Improvement Value $34,513 Tax Amount $4,205.56 Change Rate +0.274679% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $33,649 Land Value $9,907 Improvement Value $23,742 Tax Amount $3,299.31 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $31,811 Land Value $9,366 Improvement Value $22,445 Tax Amount $327,187.75 Change Rate +102.95328% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $29,512 Land Value $8,689 Improvement Value $20,823 Tax Amount $3,147.45 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $27,050 Land Value $7,964 Improvement Value $19,086 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $26,716 Land Value $7,866 Improvement Value $18,850 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $30,834 Land Value $8,073 Improvement Value $22,761 Tax Amount Change Rate Assessed CR Tax Rate