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502 Sunset Dr; Elgin, IL Property Details

502 Sunset 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 Sunset Dr has 2 bedrooms, and 1.5 bathrooms, and a total of 1,154 square feet. The lot size of 502 Sunset Dr is 5,900 square feet.

Off market
502 Sunset Dr Elgin, IL 60123
$224,400 Listing Price
2 Beds
1.5 Baths
1,154 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1948
  • Purchase Price: $224,500
  • Open Loans / Balance: 1 / $199,015
  • Est. Equity / %: $99,985 / 33.44%
  • Gross Yield: 8.954%
  • APN: 06-22-279-024
  • Situs County: Kane
  • Length Of Ownership: 4 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 5
  • Water Source: Municipal

Measurements

  • Total: 1,154/SqFt
  • Lot: 5,900/SqFt
  • Gross: 1,923/SqFt
  • Living: 1,154/SqFt
  • Basement: 769/SqFt
  • Building: 1,923/SqFt
  • Price Per Square Foot: $194.54

Legal Description

  • Description: SUNSET PARK LOT 11 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: 42.024113 / -88.30407
  • Subdivision: Sunset Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7243
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

502 Sunset Dr has 10 associated Taxes items

502 Sunset 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 $80,780. The APN we've located for 502 Sunset Dr is 06-22-279-024.

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Taxes
  • Assessed Value:  $80,780
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-22-279-024
  • Assessed Land Value:  18293
  • Market Land Value:  54901
  • Tax Amount:  5552.44
  • Tax Year:  2025
  • Market Value:  242437
  • Market Year:  2025

Tax History

502 Sunset Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $80,780 Land Value $18,293 Improvement Value $62,487 Tax Amount $5,552.44 Change Rate Assessed CR Tax Rate +0.068735%
Year 2024 Assessed Value $74,404 Land Value $16,849 Improvement Value $57,555 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $67,219 Land Value $15,222 Improvement Value $51,997 Tax Amount $5,048.14 Change Rate +0.052915% Assessed CR Tax Rate +0.0751%
Year 2022 Assessed Value $61,292 Land Value $13,880 Improvement Value $47,412 Tax Amount $4,794.44 Change Rate +0.047461% Assessed CR Tax Rate +0.078223%
Year 2021 Assessed Value $57,304 Land Value $12,977 Improvement Value $44,327 Tax Amount $4,577.2 Change Rate +0.0304% Assessed CR Tax Rate +0.079876%
Year 2020 Assessed Value $54,706 Land Value $12,389 Improvement Value $42,317 Tax Amount $4,442.16 Change Rate +0.031472% Assessed CR Tax Rate +0.081201%
Year 2019 Assessed Value $52,111 Land Value $11,801 Improvement Value $40,310 Tax Amount $4,306.62 Change Rate +0.084258% Assessed CR Tax Rate +0.082643%
Year 2018 Assessed Value $46,681 Land Value $11,117 Improvement Value $35,564 Tax Amount $3,971.95 Change Rate -0.989872% Assessed CR Tax Rate +0.085087%
Year 2017 Assessed Value $44,131 Land Value $10,510 Improvement Value $33,621 Tax Amount $392,191.25 Change Rate +88.8211% Assessed CR Tax Rate +8.886979%
Year 2016 Assessed Value $40,941 Land Value $9,750 Improvement Value $31,191 Tax Amount $4,366.36 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $37,526 Land Value $8,937 Improvement Value $28,589 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $37,063 Land Value $8,827 Improvement Value $28,236 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $38,041 Land Value $9,060 Improvement Value $28,981 Tax Amount Change Rate Assessed CR Tax Rate