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520 Walnut Ave; Elgin, IL Property Details

520 Walnut Ave, Elgin, IL is a Commercial Vacant Land that was built in 1957. This property is currently a cash purchase and is not for sale. Our records show that 520 Walnut Ave has 9 bedrooms, and 9 bathrooms, and a total of 6,693 square feet. The lot size of 520 Walnut Ave is 12,932 square feet.

Off market
520 Walnut Ave Elgin, IL 60123
$395,000 Listing Price
9 Beds
9 Baths
6,693 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1957
  • Purchase Price: $100,000
  • Open Loans / Balance: 1 / $996,053
  • Est. Equity / %: $-371,053 / -59.37%
  • APN: 06-23-202-011
  • Situs County: Kane
  • Length Of Ownership: 8 years, 8 months

Rooms

  • Bedrooms: 9
  • Bathrooms: 9
  • Full Bathrooms: 9
  • Total Rooms: 24

Structure

  • Stories: 2
  • Exterior Wall Type: Brick

Measurements

  • Total: 6,693/SqFt
  • Lot: 12,932/SqFt
  • Gross: 6,693/SqFt
  • Living: 4,462/SqFt
  • Basement: 2,231/SqFt
  • Building: 6,693/SqFt
  • Price Per Square Foot: $14.94

Legal Description

  • Description: J C & W H KIMBALLS ADDN LOT 6 BLOCK 13
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.029133 / -88.29098
  • Subdivision: J C&W H Kimballs Addn
  • Property Class: Vacant
  • County Use Code: 0050

Amenities

  • Plus Four: 7570

Ownership Info

520 Walnut Ave has no associated ownership info
520 Walnut Ave has no associated ownership info.

Taxes

520 Walnut Ave has 10 associated Taxes items

520 Walnut 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 $235,889. The APN we've located for 520 Walnut Ave is 06-23-202-011.

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Taxes
  • Assessed Value:  $235,889
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-202-011
  • Assessed Land Value:  38361
  • Market Land Value:  115129
  • Tax Amount:  17996.14
  • Tax Year:  2025
  • Market Value:  707950
  • Market Year:  2025

Tax History

520 Walnut Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $235,889 Land Value $38,361 Improvement Value $197,528 Tax Amount $17,996.14 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $217,269 Land Value $35,333 Improvement Value $181,936 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $196,286 Land Value $31,921 Improvement Value $164,365 Tax Amount $16,732.44 Change Rate +0.078161% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $178,978 Land Value $29,106 Improvement Value $149,872 Tax Amount $15,519.42 Change Rate +0.039557% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $167,332 Land Value $27,212 Improvement Value $140,120 Tax Amount $14,928.88 Change Rate +0.024686% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $159,744 Land Value $25,978 Improvement Value $133,766 Tax Amount $14,569.22 Change Rate +0.025148% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $152,166 Land Value $24,746 Improvement Value $127,420 Tax Amount $14,211.82 Change Rate -0.019893% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $143,350 Land Value $23,312 Improvement Value $120,038 Tax Amount $14,500.28 Change Rate -0.990221% Assessed CR Tax Rate +0.101153%
Year 2017 Assessed Value $144,167 Land Value $23,445 Improvement Value $120,722 Tax Amount $1,482,810.25 Change Rate +102.953125% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $133,748 Land Value $21,751 Improvement Value $111,997 Tax Amount $14,264.22 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $122,592 Land Value $19,937 Improvement Value $102,655 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $121,079 Land Value $19,691 Improvement Value $101,388 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $124,272 Land Value $20,210 Improvement Value $104,062 Tax Amount Change Rate Assessed CR Tax Rate