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515 Prospect St; Elgin, IL Property Details

515 Prospect St, Elgin, IL is a Residential General that was built in 1905. This property is currently Financed and is not for sale. Our records show that 515 Prospect St has 4 bedrooms, and 2 bathrooms, and a total of 2,866 square feet. The lot size of 515 Prospect St is 8,712 square feet.

Off market
515 Prospect St Elgin, IL 60120
$330,000 Listing Price
4 Beds
2 Baths
2,866 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1905
  • Purchase Price: $330,000
  • Open Loans / Balance: 1 / $291,795
  • Est. Equity / %: $63,205 / 17.8%
  • Gross Yield: 8.143%
  • APN: 06-12-356-002
  • Situs County: Kane
  • Length Of Ownership: 1 year, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 10

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,866/SqFt
  • Lot: 8,712/SqFt
  • Gross: 4,391/SqFt
  • Living: 2,866/SqFt
  • Basement: 1,525/SqFt
  • Building: 4,391/SqFt
  • Price Per Square Foot: $115.14

Legal Description

  • Description: JOHN WAITS SUB BLK 27 P J KIMBALL JRS 3RD ADD LOT 5 BLK 27
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: 42.046947 / -88.27933
  • Subdivision: John Waits Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3783
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

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

Taxes

515 Prospect St has 10 associated Taxes items

515 Prospect 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 $97,989. The APN we've located for 515 Prospect St is 06-12-356-002.

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Taxes
  • Assessed Value:  $97,989
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-356-002
  • Assessed Land Value:  18976
  • Market Land Value:  56951
  • Tax Amount:  7475.66
  • Tax Year:  2025
  • Market Value:  294085
  • Market Year:  2025

Tax History

515 Prospect St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $97,989 Land Value $18,976 Improvement Value $79,013 Tax Amount $7,475.66 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $90,254 Land Value $17,478 Improvement Value $72,776 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $81,538 Land Value $15,790 Improvement Value $65,748 Tax Amount $6,950.72 Change Rate +0.163433% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $68,899 Land Value $14,398 Improvement Value $54,501 Tax Amount $5,974.32 Change Rate +0.039555% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $64,416 Land Value $13,461 Improvement Value $50,955 Tax Amount $5,747 Change Rate +0.024684% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $61,495 Land Value $12,851 Improvement Value $48,644 Tax Amount $5,608.56 Change Rate +0.025162% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $58,577 Land Value $12,241 Improvement Value $46,336 Tax Amount $5,470.9 Change Rate +0.011124% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $55,183 Land Value $11,532 Improvement Value $43,651 Tax Amount $5,410.71 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $52,168 Land Value $10,902 Improvement Value $41,266 Tax Amount $536,566.94 Change Rate +102.9526% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $48,398 Land Value $10,114 Improvement Value $38,284 Tax Amount $5,161.65 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $44,361 Land Value $9,270 Improvement Value $35,091 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $43,814 Land Value $9,156 Improvement Value $34,658 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $44,970 Land Value $9,398 Improvement Value $35,572 Tax Amount Change Rate Assessed CR Tax Rate