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505 Arlington Ave; Elgin, IL Property Details

505 Arlington Ave, Elgin, IL is a Single Family that was built in 1935. This property is currently Financed and is not for sale. Our records show that 505 Arlington Ave has 5 bedrooms, and 2.5 bathrooms, and a total of 2,377 square feet. The lot size of 505 Arlington Ave is 8,785 square feet.

Off market
505 Arlington Ave Elgin, IL 60120
$251,000 Listing Price
5 Beds
2.5 Baths
2,377 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1935
  • Purchase Price: $251,000
  • Open Loans / Balance: 1 / $13,858
  • Est. Equity / %: $318,142 / 95.83%
  • Gross Yield: 10.887%
  • APN: 06-24-254-002
  • Situs County: Kane
  • Length Of Ownership: 4 years, 4 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 10
  • Partial Bathrooms: 1

Structure

  • Stories: 1
  • Exterior Wall Type: Brick

Measurements

  • Total: 2,377/SqFt
  • Lot: 8,785/SqFt
  • Gross: 4,160/SqFt
  • Living: 2,377/SqFt
  • Basement: 1,783/SqFt
  • Building: 4,160/SqFt
  • Ground: 2,377/SqFt
  • Price Per Square Foot: $105.60

Legal Description

  • Description: WALLINS ADDN NORTH 1 ROD LOT 3 & ALL LOT 2 BLOCK 1
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: 42.02636 / -88.268974
  • Subdivision: Wallins Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7819
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One: $164
  • H O A Amount: $164
  • H O A One Frequency: Monthly
  • H O A One Type: Home Owner Association

Ownership Info

505 Arlington Ave has no associated ownership info
505 Arlington Ave has no associated ownership info.

Taxes

505 Arlington Ave has 10 associated Taxes items

505 Arlington 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 $117,697. The APN we've located for 505 Arlington Ave is 06-24-254-002.

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Taxes
  • Assessed Value:  $117,697
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-254-002
  • Assessed Land Value:  17456
  • Market Land Value:  52389
  • Tax Amount:  6250.96
  • Tax Year:  2025
  • Market Value:  353232
  • Market Year:  2025

Tax History

505 Arlington Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $117,697 Land Value $17,456 Improvement Value $100,241 Tax Amount $6,250.96 Change Rate Assessed CR Tax Rate +0.053111%
Year 2024 Assessed Value $108,406 Land Value $16,078 Improvement Value $92,328 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $97,936 Land Value $14,525 Improvement Value $83,411 Tax Amount $7,666.62 Change Rate -0.009905% Assessed CR Tax Rate +0.078282%
Year 2022 Assessed Value $89,300 Land Value $13,244 Improvement Value $76,056 Tax Amount $7,743.32 Change Rate +0.039562% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $83,489 Land Value $12,382 Improvement Value $71,107 Tax Amount $7,448.64 Change Rate +0.067994% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $76,471 Land Value $11,821 Improvement Value $64,650 Tax Amount $6,974.42 Change Rate +0.117173% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $72,843 Land Value $11,260 Improvement Value $61,583 Tax Amount $6,242.92 Change Rate +0.131731% Assessed CR Tax Rate +0.085704%
Year 2018 Assessed Value $62,432 Land Value $10,608 Improvement Value $51,824 Tax Amount $5,516.26 Change Rate -0.989885% Assessed CR Tax Rate +0.088356%
Year 2017 Assessed Value $59,020 Land Value $10,028 Improvement Value $48,992 Tax Amount $545,330.06 Change Rate +92.38627% Assessed CR Tax Rate +9.23975%
Year 2016 Assessed Value $54,754 Land Value $9,303 Improvement Value $45,451 Tax Amount $5,839.51 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $50,187 Land Value $8,527 Improvement Value $41,660 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $49,568 Land Value $8,422 Improvement Value $41,146 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $58,327 Land Value $8,644 Improvement Value $49,683 Tax Amount Change Rate Assessed CR Tax Rate