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501 N Lyle Ave; Elgin, IL Property Details

501 N Lyle Ave, Elgin, IL is a Single Family that was built in 1987. This property is currently Financed and is not for sale. Our records show that 501 N Lyle Ave has 4 bedrooms, and 3.5 bathrooms, and a total of 2,335 square feet. The lot size of 501 N Lyle Ave is 15,515 square feet.

Off market
501 N Lyle Ave Elgin, IL 60123
$144,598 Estimated Value
4 Beds
3.5 Baths
2,335 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1987
  • Purchase Price: $314,000
  • Est. Equity / %: $496,000 / 100%
  • Gross Yield: 9.377%
  • APN: 06-09-480-008
  • Situs County: Kane
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Water Source: Municipal

Measurements

  • Total: 2,335/SqFt
  • Lot: 15,515/SqFt
  • Gross: 3,559/SqFt
  • Living: 2,335/SqFt
  • Basement: 1,224/SqFt
  • Building: 3,559/SqFt
  • Price Per Square Foot: $134.48

Legal Description

  • Description: VALLEY CREEK UNIT 1 NORTHERLY PART OF LOT 197 SEC 9-41-8 AS DESC IN DOC 1783200
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: 42.045006 / -88.32344
  • Subdivision: Valley Creek
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2695
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 4

HOA

  • H O A One: $133
  • H O A Two: $215
  • H O A Amount: $348
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Valley Creek Condos
  • H O A One Type: Home Owner Association
  • H O A Two Name: Xx
  • H O A Two Type: Home Owner Association

Ownership Info

501 N Lyle Ave has no associated ownership info
501 N Lyle Ave has no associated ownership info.

Taxes

501 N Lyle Ave has 10 associated Taxes items

501 N Lyle 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 $144,598. The APN we've located for 501 N Lyle Ave is 06-09-480-008.

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Taxes
  • Assessed Value:  $144,598
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-480-008
  • Assessed Land Value:  34594
  • Market Land Value:  103824
  • Tax Amount:  10421.16
  • Tax Year:  2025
  • Market Value:  433968
  • Market Year:  2025

Tax History

501 N Lyle Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $144,598 Land Value $34,594 Improvement Value $110,004 Tax Amount $10,421.16 Change Rate Assessed CR Tax Rate +0.07207%
Year 2024 Assessed Value $133,184 Land Value $31,863 Improvement Value $101,321 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $120,322 Land Value $28,786 Improvement Value $91,536 Tax Amount $9,574.92 Change Rate +0.064699% Assessed CR Tax Rate +0.079577%
Year 2022 Assessed Value $109,713 Land Value $26,248 Improvement Value $83,465 Tax Amount $8,993.08 Change Rate +0.043758% Assessed CR Tax Rate +0.081969%
Year 2021 Assessed Value $102,574 Land Value $24,540 Improvement Value $78,034 Tax Amount $8,616.06 Change Rate +0.027725% Assessed CR Tax Rate +0.083998%
Year 2020 Assessed Value $97,922 Land Value $23,427 Improvement Value $74,495 Tax Amount $8,383.62 Change Rate +0.028488% Assessed CR Tax Rate +0.085615%
Year 2019 Assessed Value $93,277 Land Value $22,316 Improvement Value $70,961 Tax Amount $8,151.4 Change Rate +0.017558% Assessed CR Tax Rate +0.087389%
Year 2018 Assessed Value $87,873 Land Value $21,023 Improvement Value $66,850 Tax Amount $8,010.75 Change Rate -0.989894% Assessed CR Tax Rate +0.091163%
Year 2017 Assessed Value $83,071 Land Value $19,874 Improvement Value $63,197 Tax Amount $792,703.38 Change Rate +95.444145% Assessed CR Tax Rate +9.54248%
Year 2016 Assessed Value $77,068 Land Value $18,438 Improvement Value $58,630 Tax Amount $8,219.3 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $70,640 Land Value $16,900 Improvement Value $53,740 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $69,768 Land Value $16,691 Improvement Value $53,077 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $71,608 Land Value $17,131 Improvement Value $54,477 Tax Amount Change Rate Assessed CR Tax Rate