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518 Van St; Elgin, IL Property Details

518 Van St, Elgin, IL is a Residential General that was built in 1920. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 518 Van St has 2 bedrooms, and 1 bathroom, and a total of 1,064 square feet. The lot size of 518 Van St is 6,600 square feet.

Off market
518 Van St Elgin, IL 60123
$68,440 Estimated Value
2 Beds
1 Baths
1,064 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1920
  • Est. Equity / %: $274,000 / 100%
  • Gross Yield: 9.648%
  • APN: 06-14-333-011
  • Situs County: Kane
  • Length Of Ownership: 16 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,064/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,128/SqFt
  • Living: 1,064/SqFt
  • Basement: 1,064/SqFt
  • Building: 2,128/SqFt
  • Ground: 1,064/SqFt

Legal Description

  • Description: OAK RIDGE ADDN LOT 5 BLOCK 2
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: 42.034214 / -88.2932
  • Subdivision: Oak Ridge Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6238
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

518 Van St has no associated ownership info
518 Van St has no associated ownership info.

Taxes

518 Van St has 10 associated Taxes items

518 Van 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 $68,440. The APN we've located for 518 Van St is 06-14-333-011.

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Taxes
  • Assessed Value:  $68,440
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-14-333-011
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5221.34
  • Tax Year:  2025
  • Market Value:  205402
  • Market Year:  2025

Tax History

518 Van St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $68,440 Land Value $15,540 Improvement Value $52,900 Tax Amount $5,221.34 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $63,037 Land Value $14,313 Improvement Value $48,724 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $56,949 Land Value $12,931 Improvement Value $44,018 Tax Amount $4,854.64 Change Rate +0.078152% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $51,928 Land Value $11,791 Improvement Value $40,137 Tax Amount $4,502.74 Change Rate +0.039558% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $48,549 Land Value $11,024 Improvement Value $37,525 Tax Amount $4,331.4 Change Rate +0.024694% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $46,347 Land Value $10,524 Improvement Value $35,823 Tax Amount $4,227.02 Change Rate +0.025135% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $44,149 Land Value $10,025 Improvement Value $34,124 Tax Amount $4,123.38 Change Rate +0.036171% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $40,586 Land Value $9,444 Improvement Value $31,142 Tax Amount $3,979.44 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $38,368 Land Value $8,928 Improvement Value $29,440 Tax Amount $394,628.88 Change Rate +102.953384% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $35,595 Land Value $8,283 Improvement Value $27,312 Tax Amount $3,796.21 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,626 Land Value $7,592 Improvement Value $25,034 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,223 Land Value $7,498 Improvement Value $24,725 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $33,073 Land Value $7,696 Improvement Value $25,377 Tax Amount Change Rate Assessed CR Tax Rate