Large Location Icon

507 Wilber St; Elgin, IL Property Details

507 Wilber 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 507 Wilber St has 3 bedrooms, and 2 bathrooms, and a total of 1,646 square feet. The lot size of 507 Wilber St is 6,600 square feet.

Off market
507 Wilber St Elgin, IL 60123
$84,399 Estimated Value
3 Beds
2 Baths
1,646 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $117,000
  • Open Loans / Balance: 1 / $3,628
  • Est. Equity / %: $295,372 / 98.79%
  • Gross Yield: 8.874%
  • APN: 06-23-282-002
  • Situs County: Kane
  • Length Of Ownership: 27 years, 8 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,646/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,469/SqFt
  • Living: 1,646/SqFt
  • Basement: 823/SqFt
  • Building: 2,469/SqFt
  • Price Per Square Foot: $71.08

Legal Description

  • Description: MORGAN PARK ADDN LOT 9 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: 42.023785 / -88.284195
  • Subdivision: Morgan Park Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7647
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

507 Wilber St has no associated ownership info
507 Wilber St has no associated ownership info.

Taxes

507 Wilber St has 10 associated Taxes items

507 Wilber 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 $84,399. The APN we've located for 507 Wilber St is 06-23-282-002.

Unlock the full report
Taxes
  • Assessed Value:  $84,399
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-282-002
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5828.54
  • Tax Year:  2025
  • Market Value:  253298
  • Market Year:  2025

Tax History

507 Wilber St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $84,399 Land Value $15,540 Improvement Value $68,859 Tax Amount $5,828.54 Change Rate Assessed CR Tax Rate +0.069059%
Year 2024 Assessed Value $77,737 Land Value $14,313 Improvement Value $63,424 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $70,230 Land Value $12,931 Improvement Value $57,299 Tax Amount $5,304.82 Change Rate +0.0541% Assessed CR Tax Rate +0.075535%
Year 2022 Assessed Value $64,038 Land Value $11,791 Improvement Value $52,247 Tax Amount $5,032.56 Change Rate +0.047093% Assessed CR Tax Rate +0.078587%
Year 2021 Assessed Value $59,871 Land Value $11,024 Improvement Value $48,847 Tax Amount $4,806.22 Change Rate +0.030135% Assessed CR Tax Rate +0.080276%
Year 2020 Assessed Value $57,156 Land Value $10,524 Improvement Value $46,632 Tax Amount $4,665.62 Change Rate +0.031163% Assessed CR Tax Rate +0.08163%
Year 2019 Assessed Value $54,445 Land Value $10,025 Improvement Value $44,420 Tax Amount $4,524.62 Change Rate +0.092494% Assessed CR Tax Rate +0.083104%
Year 2018 Assessed Value $48,411 Land Value $9,444 Improvement Value $38,967 Tax Amount $4,141.55 Change Rate -0.989874% Assessed CR Tax Rate +0.08555%
Year 2017 Assessed Value $45,766 Land Value $8,928 Improvement Value $36,838 Tax Amount $409,007.81 Change Rate +89.32359% Assessed CR Tax Rate +8.936936%
Year 2016 Assessed Value $42,459 Land Value $8,283 Improvement Value $34,176 Tax Amount $4,528.25 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $38,917 Land Value $7,592 Improvement Value $31,325 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,436 Land Value $7,498 Improvement Value $30,938 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $39,450 Land Value $7,696 Improvement Value $31,754 Tax Amount Change Rate Assessed CR Tax Rate