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524 Grace St; Elgin, IL Property Details

524 Grace St, 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 524 Grace St has 4 bedrooms, and 2 bathrooms, and a total of 1,941 square feet. The lot size of 524 Grace St is 10,131 square feet.

For Rent
524 Grace St Elgin, IL 60120
$1,600 Listing Price
4 Beds
2 Baths
1,941 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $188,000
  • Open Loans / Balance: 1 / $119,550
  • Est. Equity / %: $154,450 / 56.37%
  • Gross Yield: 6.893%
  • APN: 06-24-251-023
  • Situs County: Kane
  • Length Of Ownership: 8 years, 5 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,941/SqFt
  • Lot: 10,131/SqFt
  • Gross: 3,024/SqFt
  • Living: 1,941/SqFt
  • Basement: 1,083/SqFt
  • Building: 3,024/SqFt
  • Price Per Square Foot: $96.86

Legal Description

  • Description: GROTE & WALDRONS ADDN LOT 9 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: 42.02577 / -88.27151
  • Subdivision: Grote&Waldrons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7837
  • Garage: Detached Garage
  • Parking: 1

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

524 Grace St has no associated ownership info
524 Grace St has no associated ownership info.

Taxes

524 Grace St has 10 associated Taxes items

524 Grace 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 $81,137. The APN we've located for 524 Grace St is 06-24-251-023.

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Taxes
  • Assessed Value:  $81,137
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-251-023
  • Assessed Land Value:  18001
  • Market Land Value:  54025
  • Tax Amount:  6190
  • Tax Year:  2025
  • Market Value:  243508
  • Market Year:  2025

Tax History

524 Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $81,137 Land Value $18,001 Improvement Value $63,136 Tax Amount $6,190 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $74,732 Land Value $16,580 Improvement Value $58,152 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $67,515 Land Value $14,979 Improvement Value $52,536 Tax Amount $5,755.34 Change Rate +0.160234% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $57,207 Land Value $13,658 Improvement Value $43,549 Tax Amount $4,960.5 Change Rate +0.039571% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $53,484 Land Value $12,769 Improvement Value $40,715 Tax Amount $4,771.68 Change Rate +0.024678% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $51,059 Land Value $12,190 Improvement Value $38,869 Tax Amount $4,656.76 Change Rate +0.025145% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $48,637 Land Value $11,612 Improvement Value $37,025 Tax Amount $4,542.54 Change Rate +0.168538% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $45,819 Land Value $10,939 Improvement Value $34,880 Tax Amount $3,887.37 Change Rate -0.989871% Assessed CR Tax Rate +0.084842%
Year 2017 Assessed Value $43,315 Land Value $10,341 Improvement Value $32,974 Tax Amount $383,798.38 Change Rate +88.55263% Assessed CR Tax Rate +8.860634%
Year 2016 Assessed Value $40,185 Land Value $9,594 Improvement Value $30,591 Tax Amount $4,285.73 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $36,833 Land Value $8,794 Improvement Value $28,039 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $36,378 Land Value $8,685 Improvement Value $27,693 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,337 Land Value $8,914 Improvement Value $28,423 Tax Amount Change Rate Assessed CR Tax Rate