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51 S Melrose Ave; Elgin, IL Property Details

51 S Melrose Ave, Elgin, IL is a Single Family that was built in 1923. This property is currently Financed and is not for sale. Our records show that 51 S Melrose Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,698 square feet. The lot size of 51 S Melrose Ave is 6,336 square feet.

Off market
51 S Melrose Ave Elgin, IL 60123
$190,000 Listing Price
3 Beds
2 Baths
1,698 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1923
  • Purchase Price: $190,000
  • Open Loans / Balance: 2 / $165,326
  • Est. Equity / %: $152,674 / 48.01%
  • Gross Yield: 9.385%
  • APN: 06-15-454-001
  • Situs County: Kane
  • Length Of Ownership: 6 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 5

Measurements

  • Total: 1,698/SqFt
  • Lot: 6,336/SqFt
  • Gross: 2,718/SqFt
  • Living: 1,698/SqFt
  • Basement: 1,020/SqFt
  • Building: 2,718/SqFt
  • Price Per Square Foot: $111.90

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 16 BLOCK 25
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: 42.03309 / -88.307846
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6052
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 3

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

51 S Melrose Ave has no associated ownership info
51 S Melrose Ave has no associated ownership info.

Taxes

51 S Melrose Ave has 10 associated Taxes items

51 S Melrose 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 $92,978. The APN we've located for 51 S Melrose Ave is 06-15-454-001.

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Taxes
  • Assessed Value:  $92,978
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-454-001
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  6483.04
  • Tax Year:  2025
  • Market Value:  279046
  • Market Year:  2025

Tax History

51 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,978 Land Value $15,540 Improvement Value $77,438 Tax Amount $6,483.04 Change Rate Assessed CR Tax Rate +0.069727%
Year 2024 Assessed Value $85,638 Land Value $14,313 Improvement Value $71,325 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $77,368 Land Value $12,931 Improvement Value $64,437 Tax Amount $5,913.3 Change Rate +0.056539% Assessed CR Tax Rate +0.076431%
Year 2022 Assessed Value $70,546 Land Value $11,791 Improvement Value $58,755 Tax Amount $5,596.86 Change Rate +0.046318% Assessed CR Tax Rate +0.079336%
Year 2021 Assessed Value $65,956 Land Value $11,024 Improvement Value $54,932 Tax Amount $5,349.1 Change Rate +0.02958% Assessed CR Tax Rate +0.081101%
Year 2020 Assessed Value $62,965 Land Value $10,524 Improvement Value $52,441 Tax Amount $5,195.42 Change Rate -0.072538% Assessed CR Tax Rate +0.082513%
Year 2019 Assessed Value $59,978 Land Value $10,025 Improvement Value $49,953 Tax Amount $5,601.76 Change Rate +0.071205% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $53,334 Land Value $9,444 Improvement Value $43,890 Tax Amount $5,229.4 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $50,420 Land Value $8,928 Improvement Value $41,492 Tax Amount $518,588.09 Change Rate +102.953384% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $46,776 Land Value $8,283 Improvement Value $38,493 Tax Amount $4,988.66 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $42,874 Land Value $7,592 Improvement Value $35,282 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $42,344 Land Value $7,498 Improvement Value $34,846 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $43,461 Land Value $7,696 Improvement Value $35,765 Tax Amount Change Rate Assessed CR Tax Rate