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502 Miller Dr; Elgin, IL Property Details

502 Miller Dr, Elgin, IL is a Single Family that was built in 1948. This property is currently Financed and is not for sale. Our records show that 502 Miller Dr has 2 bedrooms, and 2 bathrooms, and a total of 1,562 square feet. The lot size of 502 Miller Dr is 8,809 square feet.

Off market
502 Miller Dr Elgin, IL 60123
$216,000 Listing Price
2 Beds
2 Baths
1,562 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1948
  • Purchase Price: $216,000
  • Open Loans / Balance: 2 / $198,981
  • Est. Equity / %: $110,019 / 35.6%
  • Gross Yield: 9.379%
  • APN: 06-22-277-001
  • Situs County: Kane
  • Length Of Ownership: 5 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 5

Measurements

  • Total: 1,562/SqFt
  • Lot: 8,809/SqFt
  • Gross: 2,443/SqFt
  • Living: 1,562/SqFt
  • Basement: 881/SqFt
  • Building: 2,443/SqFt
  • Price Per Square Foot: $138.28

Legal Description

  • Description: SUNSET PARK LOT 1 BLOCK 2
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: 42.024017 / -88.30686
  • Subdivision: Sunset Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7256
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

502 Miller Dr has no associated ownership info
502 Miller Dr has no associated ownership info.

Taxes

502 Miller Dr has 10 associated Taxes items

502 Miller Dr, 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 $93,274. The APN we've located for 502 Miller Dr is 06-22-277-001.

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Taxes
  • Assessed Value:  $93,274
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-22-277-001
  • Assessed Land Value:  18861
  • Market Land Value:  56606
  • Tax Amount:  6505.62
  • Tax Year:  2025
  • Market Value:  279934
  • Market Year:  2025

Tax History

502 Miller Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $93,274 Land Value $18,861 Improvement Value $74,413 Tax Amount $6,505.62 Change Rate Assessed CR Tax Rate +0.069747%
Year 2024 Assessed Value $85,911 Land Value $17,372 Improvement Value $68,539 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $77,614 Land Value $15,694 Improvement Value $61,920 Tax Amount $5,934.26 Change Rate +0.056614% Assessed CR Tax Rate +0.076459%
Year 2022 Assessed Value $70,770 Land Value $14,310 Improvement Value $56,460 Tax Amount $5,616.3 Change Rate -0.048578% Assessed CR Tax Rate +0.07936%
Year 2021 Assessed Value $66,165 Land Value $13,379 Improvement Value $52,786 Tax Amount $5,903.06 Change Rate +0.024698% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $63,164 Land Value $12,772 Improvement Value $50,392 Tax Amount $5,760.78 Change Rate +0.025141% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $60,168 Land Value $12,166 Improvement Value $48,002 Tax Amount $5,619.5 Change Rate +0.06509% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $53,810 Land Value $11,461 Improvement Value $42,349 Tax Amount $5,276.08 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $50,870 Land Value $10,835 Improvement Value $40,035 Tax Amount $523,216.53 Change Rate +102.95223% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $47,194 Land Value $10,052 Improvement Value $37,142 Tax Amount $5,033.24 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $43,258 Land Value $9,214 Improvement Value $34,044 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $42,724 Land Value $9,100 Improvement Value $33,624 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $43,851 Land Value $9,340 Improvement Value $34,511 Tax Amount Change Rate Assessed CR Tax Rate