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505 Willis St; Elgin, IL Property Details

505 Willis St, Elgin, IL is a Single Family that was built in 1933. This property is currently Financed and is not for sale. Our records show that 505 Willis St has 3 bedrooms, and 2 bathrooms, and a total of 1,429 square feet. The lot size of 505 Willis St is 10,602 square feet.

Off market
505 Willis St Elgin, IL 60123
$235,000 Listing Price
3 Beds
2 Baths
1,429 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1933
  • Purchase Price: $235,000
  • Open Loans / Balance: 1 / $202,662
  • Est. Equity / %: $91,338 / 31.07%
  • Gross Yield: 8.02%
  • APN: 06-24-163-002
  • Situs County: Kane
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,429/SqFt
  • Lot: 10,602/SqFt
  • Gross: 2,477/SqFt
  • Living: 1,429/SqFt
  • Basement: 1,048/SqFt
  • Building: 2,477/SqFt
  • Ground: 1,429/SqFt
  • Price Per Square Foot: $164.45

Legal Description

  • Description: HINTZES, W.H., SUB. - SOUTH 1/2 LOTS 1 & 2 BLK 4
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: 42.02295 / -88.277985
  • Subdivision: Hintzes W H Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7745
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

505 Willis St has no associated ownership info
505 Willis St has no associated ownership info.

Taxes

505 Willis St has 10 associated Taxes items

505 Willis 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 $76,569. The APN we've located for 505 Willis St is 06-24-163-002.

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Taxes
  • Assessed Value:  $76,569
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-163-002
  • Assessed Land Value:  16038
  • Market Land Value:  48133
  • Tax Amount:  5231.18
  • Tax Year:  2025
  • Market Value:  229799
  • Market Year:  2025

Tax History

505 Willis St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,569 Land Value $16,038 Improvement Value $60,531 Tax Amount $5,231.18 Change Rate Assessed CR Tax Rate +0.06832%
Year 2024 Assessed Value $70,525 Land Value $14,772 Improvement Value $55,753 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $63,714 Land Value $13,345 Improvement Value $50,369 Tax Amount $4,749.36 Change Rate +0.051367% Assessed CR Tax Rate +0.074542%
Year 2022 Assessed Value $58,096 Land Value $12,168 Improvement Value $45,928 Tax Amount $4,517.32 Change Rate +0.047976% Assessed CR Tax Rate +0.077756%
Year 2021 Assessed Value $54,315 Land Value $11,376 Improvement Value $42,939 Tax Amount $4,310.52 Change Rate +0.030766% Assessed CR Tax Rate +0.079362%
Year 2020 Assessed Value $51,852 Land Value $10,860 Improvement Value $40,992 Tax Amount $4,181.86 Change Rate +0.031875% Assessed CR Tax Rate +0.08065%
Year 2019 Assessed Value $49,392 Land Value $10,345 Improvement Value $39,047 Tax Amount $4,052.68 Change Rate +0.024136% Assessed CR Tax Rate +0.082051%
Year 2018 Assessed Value $46,531 Land Value $9,746 Improvement Value $36,785 Tax Amount $3,957.17 Change Rate -0.989872% Assessed CR Tax Rate +0.085044%
Year 2017 Assessed Value $43,988 Land Value $9,213 Improvement Value $34,775 Tax Amount $390,720.44 Change Rate +88.773735% Assessed CR Tax Rate +8.882432%
Year 2016 Assessed Value $40,809 Land Value $8,547 Improvement Value $32,262 Tax Amount $4,352.28 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $37,405 Land Value $7,834 Improvement Value $29,571 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $36,943 Land Value $7,737 Improvement Value $29,206 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,917 Land Value $7,941 Improvement Value $29,976 Tax Amount Change Rate Assessed CR Tax Rate