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508 Algona Ave; Elgin, IL Property Details

508 Algona Ave, Elgin, IL is a Single Family that was built in 1915. This property is currently Financed and is not for sale. Our records show that 508 Algona Ave has 2 bedrooms, and 1 bathroom, and a total of 1,436 square feet. The lot size of 508 Algona Ave is 16,197 square feet.

Off market
508 Algona Ave Elgin, IL 60120
$85,370 Estimated Value
2 Beds
1 Baths
1,436 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1915
  • Purchase Price: $200,000
  • Open Loans / Balance: 1 / $98,264
  • Est. Equity / %: $190,736 / 66%
  • Gross Yield: 10.779%
  • APN: 06-12-406-007
  • Situs County: Kane
  • Length Of Ownership: 2 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,436/SqFt
  • Lot: 16,197/SqFt
  • Gross: 2,514/SqFt
  • Living: 1,436/SqFt
  • Basement: 1,078/SqFt
  • Building: 2,514/SqFt
  • Ground: 1,436/SqFt
  • Price Per Square Foot: $139.28

Legal Description

  • Description: W H WILCOXS ADDN LOT 1 BLOCK 7
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: 42.04952 / -88.27013
  • Subdivision: W H Wilcoxs Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3902
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

508 Algona Ave has no associated ownership info
508 Algona Ave has no associated ownership info.

Taxes

508 Algona Ave has 10 associated Taxes items

508 Algona 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 $85,370. The APN we've located for 508 Algona Ave is 06-12-406-007.

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Taxes
  • Assessed Value:  $85,370
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-406-007
  • Assessed Land Value:  19317
  • Market Land Value:  57974
  • Tax Amount:  5902.62
  • Tax Year:  2025
  • Market Value:  256212
  • Market Year:  2025

Tax History

508 Algona Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $85,370 Land Value $19,317 Improvement Value $66,053 Tax Amount $5,902.62 Change Rate Assessed CR Tax Rate +0.069142%
Year 2024 Assessed Value $78,631 Land Value $17,792 Improvement Value $60,839 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $71,037 Land Value $16,074 Improvement Value $54,963 Tax Amount $5,373.6 Change Rate +0.054395% Assessed CR Tax Rate +0.075645%
Year 2022 Assessed Value $64,774 Land Value $14,657 Improvement Value $50,117 Tax Amount $5,096.38 Change Rate +0.047001% Assessed CR Tax Rate +0.078679%
Year 2021 Assessed Value $60,559 Land Value $13,703 Improvement Value $46,856 Tax Amount $4,867.6 Change Rate +0.030062% Assessed CR Tax Rate +0.080378%
Year 2020 Assessed Value $57,813 Land Value $13,082 Improvement Value $44,731 Tax Amount $4,725.54 Change Rate +0.031106% Assessed CR Tax Rate +0.081738%
Year 2019 Assessed Value $55,070 Land Value $12,461 Improvement Value $42,609 Tax Amount $4,582.98 Change Rate +0.263646% Assessed CR Tax Rate +0.083221%
Year 2018 Assessed Value $43,161 Land Value $11,739 Improvement Value $31,422 Tax Amount $3,626.79 Change Rate -0.989868% Assessed CR Tax Rate +0.084029%
Year 2017 Assessed Value $40,803 Land Value $11,098 Improvement Value $29,705 Tax Amount $357,961.56 Change Rate +87.667336% Assessed CR Tax Rate +8.772923%
Year 2016 Assessed Value $37,854 Land Value $10,296 Improvement Value $27,558 Tax Amount $4,037.13 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $34,696 Land Value $9,437 Improvement Value $25,259 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,267 Land Value $9,320 Improvement Value $24,947 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $39,690 Land Value $9,566 Improvement Value $30,124 Tax Amount Change Rate Assessed CR Tax Rate