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514 Willis St; Elgin, IL Property Details

514 Willis St, Elgin, IL is a Residential General that was built in 1951. This property is currently Financed and is not for sale. Our records show that 514 Willis St has 2 bedrooms, and 1 bathroom, and a total of 725 square feet. The lot size of 514 Willis St is 6,435 square feet.

Off market
514 Willis St Elgin, IL 60123
$145,000 Listing Price
2 Beds
1 Baths
725 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1951
  • Purchase Price: $145,000
  • Open Loans / Balance: 1 / $107,062
  • Est. Equity / %: $103,938 / 49.26%
  • Gross Yield: 12.273%
  • APN: 06-24-162-013
  • Situs County: Kane
  • Length Of Ownership: 4 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 4

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 725/SqFt
  • Lot: 6,435/SqFt
  • Gross: 1,450/SqFt
  • Living: 725/SqFt
  • Basement: 725/SqFt
  • Building: 1,450/SqFt
  • Ground: 725/SqFt
  • Price Per Square Foot: $200.00

Legal Description

  • Description: R D JOHNSONS ADDN LOT 4
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: 42.022755 / -88.27868
  • Subdivision: R D Johnsons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7746
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

514 Willis St has no associated ownership info
514 Willis St has no associated ownership info.

Taxes

514 Willis St has 10 associated Taxes items

514 Willis 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 $52,183. The APN we've located for 514 Willis St is 06-24-162-013.

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Taxes
  • Assessed Value:  $52,183
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-162-013
  • Assessed Land Value:  13111
  • Market Land Value:  39349
  • Tax Amount:  3981.08
  • Tax Year:  2025
  • Market Value:  156612
  • Market Year:  2025

Tax History

514 Willis St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $52,183 Land Value $13,111 Improvement Value $39,072 Tax Amount $3,981.08 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $48,064 Land Value $12,076 Improvement Value $35,988 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $43,422 Land Value $10,910 Improvement Value $32,512 Tax Amount $3,701.52 Change Rate +0.078167% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $39,593 Land Value $9,948 Improvement Value $29,645 Tax Amount $3,433.16 Change Rate +0.039545% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $37,017 Land Value $9,301 Improvement Value $27,716 Tax Amount $3,302.56 Change Rate +0.024698% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $35,338 Land Value $8,879 Improvement Value $26,459 Tax Amount $3,222.96 Change Rate +0.025141% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $33,662 Land Value $8,458 Improvement Value $25,204 Tax Amount $3,143.92 Change Rate +0.011102% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $31,712 Land Value $7,968 Improvement Value $23,744 Tax Amount $3,109.4 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $29,980 Land Value $7,533 Improvement Value $22,447 Tax Amount $308,355.25 Change Rate +102.950714% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $27,814 Land Value $6,989 Improvement Value $20,825 Tax Amount $2,966.36 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $25,494 Land Value $6,406 Improvement Value $19,088 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $25,179 Land Value $6,327 Improvement Value $18,852 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $25,843 Land Value $6,494 Improvement Value $19,349 Tax Amount Change Rate Assessed CR Tax Rate