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502 N Lyle Ave; Elgin, IL Property Details

502 N Lyle Ave, Elgin, IL is a Single Family that was built in 1983. This property is currently Financed and is not for sale. Our records show that 502 N Lyle Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,666 square feet. The lot size of 502 N Lyle Ave is 7,597 square feet.

Off market
502 N Lyle Ave Elgin, IL 60123
$104,789 Estimated Value
3 Beds
2 Baths
1,666 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $146,000
  • Open Loans / Balance: 1 / $29,941
  • Est. Equity / %: $359,059 / 92.3%
  • Gross Yield: 8.357%
  • APN: 06-09-481-019
  • Situs County: Kane
  • Length Of Ownership: 30 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,666/SqFt
  • Lot: 7,597/SqFt
  • Gross: 2,114/SqFt
  • Living: 1,666/SqFt
  • Basement: 448/SqFt
  • Building: 2,114/SqFt
  • Ground: 1,666/SqFt
  • Price Per Square Foot: $87.64

Legal Description

  • Description: VALLEY CREEK UNIT 1 LOT 16
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: 42.04469 / -88.32396
  • Subdivision: Valley Creek
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2606
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 2

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

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

Taxes

502 N Lyle Ave has 10 associated Taxes items

502 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 $104,789. The APN we've located for 502 N Lyle Ave is 06-09-481-019.

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Taxes
  • Assessed Value:  $104,789
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-481-019
  • Assessed Land Value:  34594
  • Market Land Value:  103824
  • Tax Amount:  6773.78
  • Tax Year:  2025
  • Market Value:  314493
  • Market Year:  2025

Tax History

502 N Lyle Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $104,789 Land Value $34,594 Improvement Value $70,195 Tax Amount $6,773.78 Change Rate Assessed CR Tax Rate +0.064642%
Year 2024 Assessed Value $96,517 Land Value $31,863 Improvement Value $64,654 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $87,196 Land Value $28,786 Improvement Value $58,410 Tax Amount $6,069.12 Change Rate +0.021665% Assessed CR Tax Rate +0.069603%
Year 2022 Assessed Value $79,508 Land Value $26,248 Improvement Value $53,260 Tax Amount $5,940.42 Change Rate +0.051312% Assessed CR Tax Rate +0.074715%
Year 2021 Assessed Value $74,334 Land Value $24,540 Improvement Value $49,794 Tax Amount $5,650.48 Change Rate +0.033214% Assessed CR Tax Rate +0.076015%
Year 2020 Assessed Value $70,963 Land Value $23,427 Improvement Value $47,536 Tax Amount $5,468.84 Change Rate +0.034593% Assessed CR Tax Rate +0.077066%
Year 2019 Assessed Value $67,597 Land Value $22,316 Improvement Value $45,281 Tax Amount $5,285.98 Change Rate +0.029516% Assessed CR Tax Rate +0.078198%
Year 2018 Assessed Value $63,681 Land Value $21,023 Improvement Value $42,658 Tax Amount $5,134.43 Change Rate -0.989854% Assessed CR Tax Rate +0.080627%
Year 2017 Assessed Value $60,201 Land Value $19,874 Improvement Value $40,327 Tax Amount $506,050.25 Change Rate +83.95751% Assessed CR Tax Rate +8.406011%
Year 2016 Assessed Value $55,851 Land Value $18,438 Improvement Value $37,413 Tax Amount $5,956.51 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $51,192 Land Value $16,900 Improvement Value $34,292 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $50,560 Land Value $16,691 Improvement Value $33,869 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $51,893 Land Value $17,131 Improvement Value $34,762 Tax Amount Change Rate Assessed CR Tax Rate