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507 Wellington Ave; Elgin, IL Property Details

507 Wellington Ave, Elgin, IL is a Single Family that was built in 1910. This property is currently Financed and is not for sale. Our records show that 507 Wellington Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,256 square feet. The lot size of 507 Wellington Ave is 3,548 square feet.

Off market
507 Wellington Ave Elgin, IL 60120
$126,000 Listing Price
3 Beds
1.5 Baths
1,256 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1910
  • Purchase Price: $126,000
  • Open Loans / Balance: 1 / $107,985
  • Est. Equity / %: $139,015 / 56.28%
  • Gross Yield: 9.619%
  • APN: 06-24-178-004
  • Situs County: Kane
  • Length Of Ownership: 7 years

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 1,256/SqFt
  • Lot: 3,548/SqFt
  • Gross: 1,994/SqFt
  • Living: 1,256/SqFt
  • Basement: 738/SqFt
  • Building: 1,994/SqFt
  • Price Per Square Foot: $100.32

Legal Description

  • Description: GROTE & WALDRONS ADDN NORTH 33 FT MEASURED ON EAST LINE EXCEPT EAST 63.5 FT LOT 19 BLOCK 3
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: 42.026344 / -88.273575
  • Subdivision: Grote&Waldrons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7707
  • Cooling: None

HOA

  • H O A One: $175
  • H O A Amount: $175
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

507 Wellington Ave has no associated ownership info
507 Wellington Ave has no associated ownership info.

Taxes

507 Wellington Ave has 10 associated Taxes items

507 Wellington 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 $61,147. The APN we've located for 507 Wellington Ave is 06-24-178-004.

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Taxes
  • Assessed Value:  $61,147
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-178-004
  • Assessed Land Value:  8331
  • Market Land Value:  25003
  • Tax Amount:  4054.62
  • Tax Year:  2025
  • Market Value:  183514
  • Market Year:  2025

Tax History

507 Wellington Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,147 Land Value $8,331 Improvement Value $52,816 Tax Amount $4,054.62 Change Rate Assessed CR Tax Rate +0.066309%
Year 2024 Assessed Value $56,320 Land Value $7,673 Improvement Value $48,647 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $50,881 Land Value $6,932 Improvement Value $43,949 Tax Amount $3,655.4 Change Rate +0.043595% Assessed CR Tax Rate +0.071842%
Year 2022 Assessed Value $46,395 Land Value $6,321 Improvement Value $40,074 Tax Amount $3,502.7 Change Rate +0.050417% Assessed CR Tax Rate +0.075497%
Year 2021 Assessed Value $43,376 Land Value $5,910 Improvement Value $37,466 Tax Amount $3,334.58 Change Rate +0.084727% Assessed CR Tax Rate +0.076876%
Year 2020 Assessed Value $39,706 Land Value $5,642 Improvement Value $34,064 Tax Amount $3,074.12 Change Rate -0.129751% Assessed CR Tax Rate +0.077422%
Year 2019 Assessed Value $37,822 Land Value $5,374 Improvement Value $32,448 Tax Amount $3,532.46 Change Rate +0.298002% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $27,756 Land Value $5,063 Improvement Value $22,693 Tax Amount $2,721.46 Change Rate -0.989916% Assessed CR Tax Rate +0.098049%
Year 2017 Assessed Value $26,239 Land Value $4,786 Improvement Value $21,453 Tax Amount $269,877.69 Change Rate +102.95184% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $24,343 Land Value $4,440 Improvement Value $19,903 Tax Amount $2,596.18 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $22,313 Land Value $4,070 Improvement Value $18,243 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $22,038 Land Value $4,020 Improvement Value $18,018 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $25,882 Land Value $4,126 Improvement Value $21,756 Tax Amount Change Rate Assessed CR Tax Rate