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502 Oak St; Elgin, IL Property Details

502 Oak St, Elgin, IL is a Single Family that was built in 1958. This property is currently Financed and is not for sale. Our records show that 502 Oak St has 2 bedrooms, and 1 bathroom, and a total of 1,036 square feet. The lot size of 502 Oak St is 7,342 square feet.

Off market
502 Oak St Elgin, IL 60123
$83,907 Estimated Value
2 Beds
1 Baths
1,036 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1958
  • Purchase Price: $157,500
  • Open Loans / Balance: 1 / $102,260
  • Est. Equity / %: $180,740 / 63.87%
  • Gross Yield: 9.519%
  • APN: 06-23-210-013
  • Situs County: Kane
  • Length Of Ownership: 23 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Stories: 1
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,036/SqFt
  • Lot: 7,342/SqFt
  • Gross: 2,072/SqFt
  • Living: 1,036/SqFt
  • Basement: 1,036/SqFt
  • Building: 2,072/SqFt
  • Ground: 1,036/SqFt
  • Price Per Square Foot: $152.03

Legal Description

  • Description: J C & W H KIMBALLS 3RD ADDN EXCEPT WEST 66 FT LOT 5 BLOCK 5
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: 42.026375 / -88.29027
  • Subdivision: J C&W H Kimballs 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7518
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 2

Ownership Info

502 Oak St has no associated ownership info
502 Oak St has no associated ownership info.

Taxes

502 Oak St has 10 associated Taxes items

502 Oak 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 $83,907. The APN we've located for 502 Oak St is 06-23-210-013.

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Taxes
  • Assessed Value:  $83,907
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-210-013
  • Assessed Land Value:  18126
  • Market Land Value:  54400
  • Tax Amount:  5791
  • Tax Year:  2025
  • Market Value:  251822
  • Market Year:  2025

Tax History

502 Oak St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $83,907 Land Value $18,126 Improvement Value $65,781 Tax Amount $5,791 Change Rate Assessed CR Tax Rate +0.069017%
Year 2024 Assessed Value $77,284 Land Value $16,695 Improvement Value $60,589 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $69,821 Land Value $15,083 Improvement Value $54,738 Tax Amount $5,269.94 Change Rate +0.053946% Assessed CR Tax Rate +0.075478%
Year 2022 Assessed Value $63,665 Land Value $13,753 Improvement Value $49,912 Tax Amount $5,000.2 Change Rate +0.047145% Assessed CR Tax Rate +0.078539%
Year 2021 Assessed Value $59,522 Land Value $12,858 Improvement Value $46,664 Tax Amount $4,775.08 Change Rate +0.030169% Assessed CR Tax Rate +0.080224%
Year 2020 Assessed Value $56,823 Land Value $12,275 Improvement Value $44,548 Tax Amount $4,635.24 Change Rate +0.031199% Assessed CR Tax Rate +0.081573%
Year 2019 Assessed Value $54,128 Land Value $11,693 Improvement Value $42,435 Tax Amount $4,495 Change Rate +0.063498% Assessed CR Tax Rate +0.083044%
Year 2018 Assessed Value $49,279 Land Value $11,016 Improvement Value $38,263 Tax Amount $4,226.62 Change Rate -0.989875% Assessed CR Tax Rate +0.085769%
Year 2017 Assessed Value $46,586 Land Value $10,414 Improvement Value $36,172 Tax Amount $417,441.81 Change Rate +89.564926% Assessed CR Tax Rate +8.960671%
Year 2016 Assessed Value $43,219 Land Value $9,661 Improvement Value $33,558 Tax Amount $4,609.31 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $39,614 Land Value $8,855 Improvement Value $30,759 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $39,125 Land Value $8,746 Improvement Value $30,379 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $40,157 Land Value $8,977 Improvement Value $31,180 Tax Amount Change Rate Assessed CR Tax Rate