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515 Morgan St; Elgin, IL Property Details

515 Morgan St, Elgin, IL is a Single Family that was built in 1938. This property is currently Financed,Bank Sale and is not for sale. Our records show that 515 Morgan St has 3 bedrooms, and 2 bathrooms, and a total of 1,459 square feet. The lot size of 515 Morgan St is 11,025 square feet.

Off market
515 Morgan St Elgin, IL 60123
$230,000 Listing Price
3 Beds
2 Baths
1,459 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1938
  • Purchase Price: $230,000
  • Open Loans / Balance: 1 / $140,937
  • Est. Equity / %: $136,063 / 49.12%
  • Gross Yield: 10.332%
  • APN: 06-23-258-007
  • Situs County: Kane
  • Length Of Ownership: 2 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 1,459/SqFt
  • Lot: 11,025/SqFt
  • Gross: 2,615/SqFt
  • Living: 1,459/SqFt
  • Basement: 1,156/SqFt
  • Building: 2,615/SqFt
  • Ground: 1,459/SqFt
  • Price Per Square Foot: $157.64

Legal Description

  • Description: B J WETMORES ADDN EAST 1/2 LOT 5 & ALL LOT 4
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: 42.024 / -88.29079
  • Subdivision: B J Wetmores Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7539
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 1

Ownership Info

515 Morgan St has no associated ownership info
515 Morgan St has no associated ownership info.

Taxes

515 Morgan St has 10 associated Taxes items

515 Morgan 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 $90,403. The APN we've located for 515 Morgan St is 06-23-258-007.

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Taxes
  • Assessed Value:  $90,403
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-258-007
  • Assessed Land Value:  20722
  • Market Land Value:  62191
  • Tax Amount:  6286.58
  • Tax Year:  2025
  • Market Value:  271318
  • Market Year:  2025

Tax History

515 Morgan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $90,403 Land Value $20,722 Improvement Value $69,681 Tax Amount $6,286.58 Change Rate Assessed CR Tax Rate +0.06954%
Year 2024 Assessed Value $83,267 Land Value $19,086 Improvement Value $64,181 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $75,226 Land Value $17,243 Improvement Value $57,983 Tax Amount $5,730.7 Change Rate +0.05586% Assessed CR Tax Rate +0.07618%
Year 2022 Assessed Value $68,593 Land Value $15,723 Improvement Value $52,870 Tax Amount $5,427.52 Change Rate +0.046531% Assessed CR Tax Rate +0.079126%
Year 2021 Assessed Value $64,130 Land Value $14,700 Improvement Value $49,430 Tax Amount $5,186.2 Change Rate +0.029735% Assessed CR Tax Rate +0.08087%
Year 2020 Assessed Value $61,222 Land Value $14,033 Improvement Value $47,189 Tax Amount $5,036.44 Change Rate +0.030739% Assessed CR Tax Rate +0.082265%
Year 2019 Assessed Value $58,317 Land Value $13,367 Improvement Value $44,950 Tax Amount $4,886.24 Change Rate +0.120726% Assessed CR Tax Rate +0.083788%
Year 2018 Assessed Value $50,638 Land Value $12,593 Improvement Value $38,045 Tax Amount $4,359.89 Change Rate -0.989876% Assessed CR Tax Rate +0.086099%
Year 2017 Assessed Value $47,871 Land Value $11,905 Improvement Value $35,966 Tax Amount $430,658.53 Change Rate +89.9226% Assessed CR Tax Rate +8.99623%
Year 2016 Assessed Value $44,412 Land Value $11,045 Improvement Value $33,367 Tax Amount $4,736.54 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $40,708 Land Value $10,124 Improvement Value $30,584 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $40,205 Land Value $9,999 Improvement Value $30,206 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $41,266 Land Value $10,263 Improvement Value $31,003 Tax Amount Change Rate Assessed CR Tax Rate