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508 Van St; Elgin, IL Property Details

508 Van St, Elgin, IL is a Residential General that was built in 1926. This property is currently a cash purchase and is not for sale. Our records show that 508 Van St has 2 bedrooms, and 1 bathroom, and a total of 912 square feet. The lot size of 508 Van St is 3,564 square feet.

Off market
508 Van St Elgin, IL 60123
$60,724 Estimated Value
2 Beds
1 Baths
912 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1926
  • Purchase Price: $120,000
  • Est. Equity / %: $255,000 / 100%
  • Gross Yield: 9.826%
  • APN: 06-14-333-014
  • Situs County: Kane
  • Length Of Ownership: 17 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 912/SqFt
  • Lot: 3,564/SqFt
  • Gross: 1,824/SqFt
  • Living: 912/SqFt
  • Basement: 912/SqFt
  • Building: 1,824/SqFt
  • Ground: 912/SqFt
  • Price Per Square Foot: $131.58

Legal Description

  • Description: OAK RIDGE ADDN WESTERLY 54 FT LOT 3 BLOCK 2
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: 42.034283 / -88.29284
  • Subdivision: Oak Ridge Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6238
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

508 Van St has no associated ownership info
508 Van St has no associated ownership info.

Taxes

508 Van St has 10 associated Taxes items

508 Van 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 $60,724. The APN we've located for 508 Van St is 06-14-333-014.

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Taxes
  • Assessed Value:  $60,724
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-14-333-014
  • Assessed Land Value:  11474
  • Market Land Value:  34436
  • Tax Amount:  4632.68
  • Tax Year:  2025
  • Market Value:  182245
  • Market Year:  2025

Tax History

508 Van St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,724 Land Value $11,474 Improvement Value $49,250 Tax Amount $4,632.68 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $55,930 Land Value $10,568 Improvement Value $45,362 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $50,528 Land Value $9,547 Improvement Value $40,981 Tax Amount $4,307.28 Change Rate +0.078152% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $46,073 Land Value $8,705 Improvement Value $37,368 Tax Amount $3,995.06 Change Rate +0.039563% Assessed CR Tax Rate +0.086712%
Year 2021 Assessed Value $43,075 Land Value $8,139 Improvement Value $34,936 Tax Amount $3,843.02 Change Rate +0.024674% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $41,122 Land Value $7,770 Improvement Value $33,352 Tax Amount $3,750.48 Change Rate +0.025158% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $39,171 Land Value $7,401 Improvement Value $31,770 Tax Amount $3,658.44 Change Rate +0.038235% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $35,938 Land Value $6,972 Improvement Value $28,966 Tax Amount $3,523.71 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $33,974 Land Value $6,591 Improvement Value $27,383 Tax Amount $349,435 Change Rate +102.9521% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $31,519 Land Value $6,115 Improvement Value $25,404 Tax Amount $3,361.5 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $28,890 Land Value $5,605 Improvement Value $23,285 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,534 Land Value $5,536 Improvement Value $22,998 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,287 Land Value $5,682 Improvement Value $23,605 Tax Amount Change Rate Assessed CR Tax Rate