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523 Wellington Ave; Elgin, IL Property Details

523 Wellington Ave, Elgin, IL is a Residential General that was built in 1900. This property is currently Financed and is not for sale. Our records show that 523 Wellington Ave has 4 bedrooms, and 2 bathrooms, and a total of 1,579 square feet. The lot size of 523 Wellington Ave is 9,174 square feet.

Off market
523 Wellington Ave Elgin, IL 60120
$80,721 Estimated Value
4 Beds
2 Baths
1,579 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $169,000
  • Est. Equity / %: $269,000 / 100%
  • Gross Yield: 6.767%
  • APN: 06-24-178-007
  • Situs County: Kane
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 1,579/SqFt
  • Lot: 9,174/SqFt
  • Gross: 2,618/SqFt
  • Living: 1,579/SqFt
  • Basement: 1,039/SqFt
  • Building: 2,618/SqFt
  • Price Per Square Foot: $107.03

Legal Description

  • Description: GROTE & WALDRONS ADDN LOT 17 BLOCK 3
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: 42.025936 / -88.2734
  • Subdivision: Grote&Waldrons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7707
  • Cooling: Yes

HOA

  • H O A One: $175
  • H O A Amount: $175
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

523 Wellington Ave has 10 associated Taxes items

523 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 $80,721. The APN we've located for 523 Wellington Ave is 06-24-178-007.

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Taxes
  • Assessed Value:  $80,721
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-178-007
  • Assessed Land Value:  14016
  • Market Land Value:  42065
  • Tax Amount:  6158.26
  • Tax Year:  2025
  • Market Value:  242260
  • Market Year:  2025

Tax History

523 Wellington Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $80,721 Land Value $14,016 Improvement Value $66,705 Tax Amount $6,158.26 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $74,350 Land Value $12,910 Improvement Value $61,440 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $67,169 Land Value $11,663 Improvement Value $55,506 Tax Amount $5,725.84 Change Rate +0.07815% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $61,247 Land Value $10,635 Improvement Value $50,612 Tax Amount $5,310.8 Change Rate +0.039548% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $57,262 Land Value $9,943 Improvement Value $47,319 Tax Amount $5,108.76 Change Rate +0.066667% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $52,514 Land Value $9,492 Improvement Value $43,022 Tax Amount $4,789.46 Change Rate +0.025141% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $50,023 Land Value $9,042 Improvement Value $40,981 Tax Amount $4,672 Change Rate +0.186416% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $40,162 Land Value $8,518 Improvement Value $31,644 Tax Amount $3,937.91 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $37,968 Land Value $8,053 Improvement Value $29,915 Tax Amount $390,514.75 Change Rate +102.9532% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $35,224 Land Value $7,471 Improvement Value $27,753 Tax Amount $3,756.64 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,286 Land Value $6,848 Improvement Value $25,438 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,887 Land Value $6,763 Improvement Value $25,124 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,279 Land Value $6,941 Improvement Value $30,338 Tax Amount Change Rate Assessed CR Tax Rate