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508 Hammond Ave; Elgin, IL Property Details

508 Hammond Ave, Elgin, IL is a Residential General that was built in 1900. This property is currently a cash purchase and is not for sale. Our records show that 508 Hammond Ave has 3 bedrooms, and 1 bathroom, and a total of 1,038 square feet. The lot size of 508 Hammond Ave is 6,051 square feet.

Off market
508 Hammond Ave Elgin, IL 60120
$55,000 Listing Price
3 Beds
1 Baths
1,038 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1900
  • Purchase Price: $55,000
  • Open Loans / Balance: 1 / $730,917
  • Est. Equity / %: $-500,917 / -217.79%
  • Gross Yield: 9.6%
  • APN: 06-24-484-021
  • Situs County: Kane
  • Length Of Ownership: 9 years, 6 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Water Source: Municipal

Measurements

  • Total: 1,038/SqFt
  • Lot: 6,051/SqFt
  • Gross: 1,842/SqFt
  • Living: 1,038/SqFt
  • Basement: 804/SqFt
  • Building: 1,842/SqFt
  • Ground: 1,038/SqFt
  • Price Per Square Foot: $52.99

Legal Description

  • Description: BLUFF SPRING SUB LOT 3
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.015537 / -88.26823
  • Subdivision: Bluff Spring Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 8428
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

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

Taxes

508 Hammond Ave has 10 associated Taxes items

508 Hammond 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 $56,775. The APN we've located for 508 Hammond Ave is 06-24-484-021.

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Taxes
  • Assessed Value:  $56,775
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-484-021
  • Assessed Land Value:  14491
  • Market Land Value:  43490
  • Tax Amount:  4331.4
  • Tax Year:  2025
  • Market Value:  170393
  • Market Year:  2025

Tax History

508 Hammond Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $56,775 Land Value $14,491 Improvement Value $42,284 Tax Amount $4,331.4 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $52,293 Land Value $13,347 Improvement Value $38,946 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $47,243 Land Value $12,058 Improvement Value $35,185 Tax Amount $4,027.24 Change Rate +0.07814% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $43,078 Land Value $10,995 Improvement Value $32,083 Tax Amount $3,735.36 Change Rate +0.039558% Assessed CR Tax Rate +0.086712%
Year 2021 Assessed Value $40,275 Land Value $10,280 Improvement Value $29,995 Tax Amount $3,593.22 Change Rate +0.062366% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $37,085 Land Value $9,814 Improvement Value $27,271 Tax Amount $3,382.28 Change Rate +0.025169% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $35,325 Land Value $9,348 Improvement Value $25,977 Tax Amount $3,299.24 Change Rate +0.157782% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $29,063 Land Value $8,806 Improvement Value $20,257 Tax Amount $2,849.62 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $27,475 Land Value $8,325 Improvement Value $19,150 Tax Amount $282,590.41 Change Rate +102.95468% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $25,489 Land Value $7,723 Improvement Value $17,766 Tax Amount $2,718.4 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $23,363 Land Value $7,079 Improvement Value $16,284 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,075 Land Value $6,992 Improvement Value $16,083 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $26,596 Land Value $7,176 Improvement Value $19,420 Tax Amount Change Rate Assessed CR Tax Rate