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515 Preston Ave; Elgin, IL Property Details

515 Preston Ave, Elgin, IL is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 515 Preston Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,388 square feet. The lot size of 515 Preston Ave is 7,128 square feet.

Off market
515 Preston Ave Elgin, IL 60120
$89,108 Estimated Value
3 Beds
1.5 Baths
1,388 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1940
  • Purchase Price: $170,000
  • Open Loans / Balance: 1 / $106,858
  • Est. Equity / %: $206,142 / 65.86%
  • Gross Yield: 8.937%
  • APN: 06-12-479-005
  • Situs County: Kane
  • Length Of Ownership: 16 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,388/SqFt
  • Lot: 7,128/SqFt
  • Gross: 2,313/SqFt
  • Living: 1,388/SqFt
  • Basement: 925/SqFt
  • Building: 2,313/SqFt
  • Price Per Square Foot: $122.48

Legal Description

  • Description: JOHN GOLLS SUB NORTH 27.875 FT LOT 8 & SOUTH 25.75 FT LOT 9
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: 42.046715 / -88.26516
  • Subdivision: John Golls Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3976
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

515 Preston Ave has no associated ownership info
515 Preston Ave has no associated ownership info.

Taxes

515 Preston Ave has 10 associated Taxes items

515 Preston 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 $89,108. The APN we've located for 515 Preston Ave is 06-12-479-005.

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Taxes
  • Assessed Value:  $89,108
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-479-005
  • Assessed Land Value:  17128
  • Market Land Value:  51405
  • Tax Amount:  3205.9
  • Tax Year:  2025
  • Market Value:  267431
  • Market Year:  2025

Tax History

515 Preston Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $89,108 Land Value $17,128 Improvement Value $71,980 Tax Amount $3,205.9 Change Rate Assessed CR Tax Rate +0.035978%
Year 2024 Assessed Value $82,074 Land Value $15,776 Improvement Value $66,298 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $74,147 Land Value $14,252 Improvement Value $59,895 Tax Amount $3,582.18 Change Rate -0.121442% Assessed CR Tax Rate +0.048312%
Year 2022 Assessed Value $67,609 Land Value $12,995 Improvement Value $54,614 Tax Amount $4,077.34 Change Rate -0.028085% Assessed CR Tax Rate +0.060308%
Year 2021 Assessed Value $63,209 Land Value $12,149 Improvement Value $51,060 Tax Amount $4,195.16 Change Rate -0.115803% Assessed CR Tax Rate +0.06637%
Year 2020 Assessed Value $58,022 Land Value $11,598 Improvement Value $46,424 Tax Amount $4,744.6 Change Rate +0.031063% Assessed CR Tax Rate +0.081772%
Year 2019 Assessed Value $55,270 Land Value $11,048 Improvement Value $44,222 Tax Amount $4,601.66 Change Rate +0.182135% Assessed CR Tax Rate +0.083258%
Year 2018 Assessed Value $45,873 Land Value $10,408 Improvement Value $35,465 Tax Amount $3,892.67 Change Rate -0.989871% Assessed CR Tax Rate +0.084858%
Year 2017 Assessed Value $43,366 Land Value $9,839 Improvement Value $33,527 Tax Amount $384,322.94 Change Rate +88.57032% Assessed CR Tax Rate +8.86231%
Year 2016 Assessed Value $40,232 Land Value $9,128 Improvement Value $31,104 Tax Amount $4,290.74 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $36,877 Land Value $8,367 Improvement Value $28,510 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $36,422 Land Value $8,264 Improvement Value $28,158 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $42,483 Land Value $8,482 Improvement Value $34,001 Tax Amount Change Rate Assessed CR Tax Rate