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506 Laurel St; Elgin, IL Property Details

506 Laurel St, Elgin, IL is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 506 Laurel St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,440 square feet. The lot size of 506 Laurel St is 5,663 square feet.

Off market
506 Laurel St Elgin, IL 60120
$72,978 Estimated Value
3 Beds
1.5 Baths
1,440 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $140,000
  • Open Loans / Balance: 1 / $40,715
  • Est. Equity / %: $228,285 / 84.86%
  • Gross Yield: 9.957%
  • APN: 06-13-404-028
  • Situs County: Kane
  • Length Of Ownership: 23 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,440/SqFt
  • Lot: 5,663/SqFt
  • Gross: 2,160/SqFt
  • Living: 1,440/SqFt
  • Basement: 720/SqFt
  • Building: 2,160/SqFt
  • Price Per Square Foot: $97.22

Legal Description

  • Description: ELGIN NATIONAL WATCH COMPANYS 2ND SUB LOT 2
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: 42.03389 / -88.27045
  • Subdivision: Elgin National Watch Companys 2nd Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6627
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

506 Laurel St has no associated ownership info
506 Laurel St has no associated ownership info.

Taxes

506 Laurel St has 10 associated Taxes items

506 Laurel 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 $72,978. The APN we've located for 506 Laurel St is 06-13-404-028.

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Taxes
  • Assessed Value:  $72,978
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-13-404-028
  • Assessed Land Value:  13591
  • Market Land Value:  40789
  • Tax Amount:  4957.22
  • Tax Year:  2025
  • Market Value:  219022
  • Market Year:  2025

Tax History

506 Laurel St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $72,978 Land Value $13,591 Improvement Value $59,387 Tax Amount $4,957.22 Change Rate Assessed CR Tax Rate +0.067928%
Year 2024 Assessed Value $67,217 Land Value $12,518 Improvement Value $54,699 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $60,725 Land Value $11,309 Improvement Value $49,416 Tax Amount $4,494.56 Change Rate +0.049881% Assessed CR Tax Rate +0.074015%
Year 2022 Assessed Value $55,371 Land Value $10,312 Improvement Value $45,059 Tax Amount $4,281.02 Change Rate +0.048422% Assessed CR Tax Rate +0.077315%
Year 2021 Assessed Value $51,768 Land Value $9,641 Improvement Value $42,127 Tax Amount $4,083.3 Change Rate +0.078669% Assessed CR Tax Rate +0.078877%
Year 2020 Assessed Value $47,506 Land Value $9,204 Improvement Value $38,302 Tax Amount $3,785.5 Change Rate +0.032591% Assessed CR Tax Rate +0.079685%
Year 2019 Assessed Value $45,252 Land Value $8,767 Improvement Value $36,485 Tax Amount $3,666.02 Change Rate +0.107857% Assessed CR Tax Rate +0.081013%
Year 2018 Assessed Value $39,921 Land Value $8,259 Improvement Value $31,662 Tax Amount $3,309.11 Change Rate -0.989864% Assessed CR Tax Rate +0.082891%
Year 2017 Assessed Value $37,740 Land Value $7,808 Improvement Value $29,932 Tax Amount $326,457.5 Change Rate +86.42508% Assessed CR Tax Rate +8.650172%
Year 2016 Assessed Value $35,013 Land Value $7,244 Improvement Value $27,769 Tax Amount $3,734.14 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,093 Land Value $6,640 Improvement Value $25,453 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,697 Land Value $6,558 Improvement Value $25,139 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,086 Land Value $6,731 Improvement Value $30,355 Tax Amount Change Rate Assessed CR Tax Rate