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501 Morgan St; Elgin, IL Property Details

501 Morgan St, Elgin, IL is a Residential General that was built in 1900. This property is currently Financed and is not for sale. Our records show that 501 Morgan St has 3 bedrooms, and 2 bathrooms, and a total of 2,320 square feet. The lot size of 501 Morgan St is 7,350 square feet.

Off market
501 Morgan St Elgin, IL 60123
$135,000 Listing Price
3 Beds
2 Baths
2,320 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1900
  • Purchase Price: $135,000
  • Open Loans / Balance: 2 / $90,556
  • Est. Equity / %: $177,444 / 66.21%
  • Gross Yield: 10.142%
  • APN: 06-23-258-010
  • Situs County: Kane
  • Length Of Ownership: 10 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,320/SqFt
  • Lot: 7,350/SqFt
  • Gross: 3,480/SqFt
  • Living: 2,320/SqFt
  • Basement: 1,160/SqFt
  • Building: 3,480/SqFt
  • Price Per Square Foot: $58.19

Legal Description

  • Description: B J WETMORES ADDN LOT 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: 42.02397 / -88.29021
  • Subdivision: B J Wetmores Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7586
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

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

Taxes

501 Morgan St has 10 associated Taxes items

501 Morgan 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 $86,486. The APN we've located for 501 Morgan St is 06-23-258-010.

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Taxes
  • Assessed Value:  $86,486
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-258-010
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  6598.08
  • Tax Year:  2025
  • Market Value:  259562
  • Market Year:  2025

Tax History

501 Morgan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,486 Land Value $15,540 Improvement Value $70,946 Tax Amount $6,598.08 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $79,659 Land Value $14,313 Improvement Value $65,346 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $71,966 Land Value $12,931 Improvement Value $59,035 Tax Amount $3,799.64 Change Rate -0.042743% Assessed CR Tax Rate +0.052798%
Year 2022 Assessed Value $60,727 Land Value $11,791 Improvement Value $48,936 Tax Amount $3,969.3 Change Rate -0.028085% Assessed CR Tax Rate +0.065363%
Year 2021 Assessed Value $56,776 Land Value $11,024 Improvement Value $45,752 Tax Amount $4,084 Change Rate +0.036527% Assessed CR Tax Rate +0.071932%
Year 2020 Assessed Value $54,201 Land Value $10,524 Improvement Value $43,677 Tax Amount $3,940.08 Change Rate +0.038306% Assessed CR Tax Rate +0.072694%
Year 2019 Assessed Value $51,630 Land Value $10,025 Improvement Value $41,605 Tax Amount $3,794.72 Change Rate +0.036931% Assessed CR Tax Rate +0.073498%
Year 2018 Assessed Value $48,639 Land Value $9,444 Improvement Value $39,195 Tax Amount $3,659.57 Change Rate -0.989829% Assessed CR Tax Rate +0.075239%
Year 2017 Assessed Value $45,981 Land Value $8,928 Improvement Value $37,053 Tax Amount $359,792.34 Change Rate +78.084274% Assessed CR Tax Rate +7.824805%
Year 2016 Assessed Value $42,658 Land Value $8,283 Improvement Value $34,375 Tax Amount $4,549.48 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $39,100 Land Value $7,592 Improvement Value $31,508 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,617 Land Value $7,498 Improvement Value $31,119 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $39,636 Land Value $7,696 Improvement Value $31,940 Tax Amount Change Rate Assessed CR Tax Rate