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517 Illinois Ave; Elgin, IL Property Details

517 Illinois Ave, Elgin, IL is a Single Family that was built in 1957. This property is currently Financed and is not for sale. Our records show that 517 Illinois Ave has 3 bedrooms, and 2 bathrooms, and a total of 1,291 square feet. The lot size of 517 Illinois Ave is 7,398 square feet.

Off market  •   Pre Probate ✓
517 Illinois Ave Elgin, IL 60120
$88,670 Estimated Value
3 Beds
2 Baths
1,291 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1957
  • Purchase Price: $165,000
  • Open Loans / Balance: 1 / $90,960
  • Est. Equity / %: $195,040 / 68.2%
  • Gross Yield: 9.105%
  • APN: 06-24-278-004
  • Situs County: Kane
  • Length Of Ownership: 22 years, 1 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Pool Type: Yes
  • Water Source: Municipal

Measurements

  • Total: 1,291/SqFt
  • Lot: 7,398/SqFt
  • Gross: 2,582/SqFt
  • Living: 1,291/SqFt
  • Basement: 1,291/SqFt
  • Building: 2,582/SqFt
  • Ground: 1,291/SqFt
  • Price Per Square Foot: $127.81

Legal Description

  • Description: J & L VAN NOSTRANDS ADDN LOT 4 BLOCK 3
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: 42.026066 / -88.26551
  • Subdivision: J&L Van Nostrands Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Pool: true
  • Plus Four: 7914
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

517 Illinois Ave has no associated ownership info
517 Illinois Ave has no associated ownership info.

Taxes

517 Illinois Ave has 10 associated Taxes items

517 Illinois 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 $88,670. The APN we've located for 517 Illinois Ave is 06-24-278-004.

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Taxes
  • Assessed Value:  $88,670
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-278-004
  • Assessed Land Value:  16038
  • Market Land Value:  48133
  • Tax Amount:  6154.38
  • Tax Year:  2025
  • Market Value:  266116
  • Market Year:  2025

Tax History

517 Illinois Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $88,670 Land Value $16,038 Improvement Value $72,632 Tax Amount $6,154.38 Change Rate Assessed CR Tax Rate +0.069408%
Year 2024 Assessed Value $81,671 Land Value $14,772 Improvement Value $66,899 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $73,783 Land Value $13,345 Improvement Value $60,438 Tax Amount $5,607.68 Change Rate +0.055381% Assessed CR Tax Rate +0.076002%
Year 2022 Assessed Value $67,277 Land Value $12,168 Improvement Value $55,109 Tax Amount $5,313.42 Change Rate +0.046699% Assessed CR Tax Rate +0.078978%
Year 2021 Assessed Value $62,899 Land Value $11,376 Improvement Value $51,523 Tax Amount $5,076.36 Change Rate +0.076485% Assessed CR Tax Rate +0.080707%
Year 2020 Assessed Value $57,705 Land Value $10,860 Improvement Value $46,845 Tax Amount $4,715.68 Change Rate +0.031097% Assessed CR Tax Rate +0.08172%
Year 2019 Assessed Value $54,968 Land Value $10,345 Improvement Value $44,623 Tax Amount $4,573.46 Change Rate +0.124181% Assessed CR Tax Rate +0.083202%
Year 2018 Assessed Value $47,664 Land Value $9,746 Improvement Value $37,918 Tax Amount $4,068.26 Change Rate -0.989873% Assessed CR Tax Rate +0.085353%
Year 2017 Assessed Value $45,059 Land Value $9,213 Improvement Value $35,846 Tax Amount $401,736.06 Change Rate +89.11212% Assessed CR Tax Rate +8.915778%
Year 2016 Assessed Value $41,802 Land Value $8,547 Improvement Value $33,255 Tax Amount $4,458.18 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $38,315 Land Value $7,834 Improvement Value $30,481 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $37,842 Land Value $7,737 Improvement Value $30,105 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $44,293 Land Value $7,941 Improvement Value $36,352 Tax Amount Change Rate Assessed CR Tax Rate