Large Location Icon

512 Grace St; Elgin, IL Property Details

512 Grace St, Elgin, IL is a Single Family that was built in 1865. This property is currently Financed and is not for sale. Our records show that 512 Grace St has 3 bedrooms, and 2 bathrooms, and a total of 1,080 square feet. The lot size of 512 Grace St is 9,148 square feet.

Off market
512 Grace St Elgin, IL 60120
$73,021 Estimated Value
3 Beds
2 Baths
1,080 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1865
  • Purchase Price: $100,000
  • Open Loans / Balance: 1 / $46,985
  • Est. Equity / %: $237,015 / 83.46%
  • Gross Yield: 8.189%
  • APN: 06-24-251-021
  • Situs County: Kane
  • Length Of Ownership: 14 years, 5 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 5
  • Water Source: Municipal

Measurements

  • Total: 1,080/SqFt
  • Lot: 9,148/SqFt
  • Gross: 1,880/SqFt
  • Living: 1,080/SqFt
  • Basement: 800/SqFt
  • Building: 1,880/SqFt
  • Price Per Square Foot: $92.59

Legal Description

  • Description: GROTE & WALDRONS ADDN LOT 5 BLOCK 2
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: 42.026146 / -88.27169
  • Subdivision: Grote&Waldrons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7837
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One: $175
  • H O A Amount: $175
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

512 Grace St has no associated ownership info
512 Grace St has no associated ownership info.

Taxes

512 Grace St has 10 associated Taxes items

512 Grace 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 $73,021. The APN we've located for 512 Grace St is 06-24-251-021.

Unlock the full report
Taxes
  • Assessed Value:  $73,021
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-251-021
  • Assessed Land Value:  16024
  • Market Land Value:  48091
  • Tax Amount:  4960.5
  • Tax Year:  2025
  • Market Value:  219151
  • Market Year:  2025

Tax History

512 Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,021 Land Value $16,024 Improvement Value $56,997 Tax Amount $4,960.5 Change Rate Assessed CR Tax Rate +0.067933%
Year 2024 Assessed Value $67,257 Land Value $14,759 Improvement Value $52,498 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $60,762 Land Value $13,334 Improvement Value $47,428 Tax Amount $4,497.72 Change Rate +0.049917% Assessed CR Tax Rate +0.074022%
Year 2022 Assessed Value $55,404 Land Value $12,158 Improvement Value $43,246 Tax Amount $4,283.88 Change Rate +0.048413% Assessed CR Tax Rate +0.077321%
Year 2021 Assessed Value $51,799 Land Value $11,367 Improvement Value $40,432 Tax Amount $4,086.06 Change Rate +0.076622% Assessed CR Tax Rate +0.078883%
Year 2020 Assessed Value $47,613 Land Value $10,852 Improvement Value $36,761 Tax Amount $3,795.26 Change Rate +0.032572% Assessed CR Tax Rate +0.079711%
Year 2019 Assessed Value $45,354 Land Value $10,337 Improvement Value $35,017 Tax Amount $3,675.54 Change Rate +0.136917% Assessed CR Tax Rate +0.081041%
Year 2018 Assessed Value $39,144 Land Value $9,738 Improvement Value $29,406 Tax Amount $3,232.9 Change Rate -0.989862% Assessed CR Tax Rate +0.08259%
Year 2017 Assessed Value $37,005 Land Value $9,206 Improvement Value $27,799 Tax Amount $318,897.75 Change Rate +86.09721% Assessed CR Tax Rate +8.617694%
Year 2016 Assessed Value $34,331 Land Value $8,541 Improvement Value $25,790 Tax Amount $3,661.4 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $31,468 Land Value $7,829 Improvement Value $23,639 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,079 Land Value $7,732 Improvement Value $23,347 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,128 Land Value $7,936 Improvement Value $28,192 Tax Amount Change Rate Assessed CR Tax Rate