Large Location Icon

518 Wellington Ave; Elgin, IL Property Details

518 Wellington Ave, Elgin, IL is a Residential General that was built in 1880. This property is currently a cash purchase and is not for sale. Our records show that 518 Wellington Ave has 3 bedrooms, and 1 bathroom, and a total of 986 square feet. The lot size of 518 Wellington Ave is 8,712 square feet.

Off market
518 Wellington Ave Elgin, IL 60120
$57,325 Estimated Value
3 Beds
1 Baths
986 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1880
  • Purchase Price: $20,500
  • Open Loans / Balance: 2 / $105,776
  • Est. Equity / %: $150,224 / 58.68%
  • Gross Yield: 8.803%
  • APN: 06-24-176-012
  • Situs County: Kane
  • Length Of Ownership: 15 years

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 986/SqFt
  • Lot: 8,712/SqFt
  • Gross: 1,652/SqFt
  • Living: 986/SqFt
  • Basement: 666/SqFt
  • Building: 1,652/SqFt
  • Price Per Square Foot: $20.79

Legal Description

  • Description: LESSENDENS ADDN LOT 1
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: 42.02603 / -88.27456
  • Subdivision: Lessendens Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7759
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

518 Wellington Ave has no associated ownership info
518 Wellington Ave has no associated ownership info.

Taxes

518 Wellington Ave has 10 associated Taxes items

518 Wellington 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 $57,325. The APN we've located for 518 Wellington Ave is 06-24-176-012.

Unlock the full report
Taxes
  • Assessed Value:  $57,325
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-176-012
  • Assessed Land Value:  13635
  • Market Land Value:  40921
  • Tax Amount:  4373.36
  • Tax Year:  2025
  • Market Value:  172044
  • Market Year:  2025

Tax History

518 Wellington Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,325 Land Value $13,635 Improvement Value $43,690 Tax Amount $4,373.36 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $52,800 Land Value $12,559 Improvement Value $40,241 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $47,701 Land Value $11,346 Improvement Value $36,355 Tax Amount $4,066.28 Change Rate +0.078154% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $43,495 Land Value $10,346 Improvement Value $33,149 Tax Amount $3,771.52 Change Rate +0.039553% Assessed CR Tax Rate +0.086712%
Year 2021 Assessed Value $40,665 Land Value $9,673 Improvement Value $30,992 Tax Amount $3,628.02 Change Rate +0.063274% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $37,412 Land Value $9,234 Improvement Value $28,178 Tax Amount $3,412.12 Change Rate +0.025159% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $35,637 Land Value $8,796 Improvement Value $26,841 Tax Amount $3,328.38 Change Rate +0.082978% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $31,345 Land Value $8,286 Improvement Value $23,059 Tax Amount $3,073.36 Change Rate -0.989916% Assessed CR Tax Rate +0.098049%
Year 2017 Assessed Value $29,632 Land Value $7,833 Improvement Value $21,799 Tax Amount $304,775.94 Change Rate +102.95097% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $27,491 Land Value $7,267 Improvement Value $20,224 Tax Amount $2,931.92 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $25,198 Land Value $6,661 Improvement Value $18,537 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $24,887 Land Value $6,579 Improvement Value $18,308 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $28,860 Land Value $6,753 Improvement Value $22,107 Tax Amount Change Rate Assessed CR Tax Rate