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524 Willis St; Elgin, IL Property Details

524 Willis St, Elgin, IL is a Single Family that was built in 1923. This property is currently Financed and is not for sale. Our records show that 524 Willis St has 3 bedrooms, and 1 bathroom, and a total of 1,152 square feet. The lot size of 524 Willis St is 6,435 square feet.

Off market
524 Willis St Elgin, IL 60123
$61,452 Estimated Value
3 Beds
1 Baths
1,152 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1923
  • Purchase Price: $147,500
  • Open Loans / Balance: 1 / $275,000
  • Est. Equity / %: $-7,000 / -2.61%
  • Gross Yield: 9.152%
  • APN: 06-24-162-015
  • Situs County: Kane
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,152/SqFt
  • Lot: 6,435/SqFt
  • Gross: 2,016/SqFt
  • Living: 1,152/SqFt
  • Basement: 864/SqFt
  • Building: 2,016/SqFt
  • Ground: 1,152/SqFt
  • Price Per Square Foot: $128.04

Legal Description

  • Description: R D JOHNSONS ADDN LOT 6
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.022495 / -88.278755
  • Subdivision: R D Johnsons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7746
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

524 Willis St has 10 associated Taxes items

524 Willis 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 $61,452. The APN we've located for 524 Willis St is 06-24-162-015.

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Taxes
  • Assessed Value:  $61,452
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-162-015
  • Assessed Land Value:  13111
  • Market Land Value:  39349
  • Tax Amount:  3467.56
  • Tax Year:  2025
  • Market Value:  184430
  • Market Year:  2025

Tax History

524 Willis St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,452 Land Value $13,111 Improvement Value $48,341 Tax Amount $3,467.56 Change Rate Assessed CR Tax Rate +0.056427%
Year 2024 Assessed Value $56,601 Land Value $12,076 Improvement Value $44,525 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $51,135 Land Value $10,910 Improvement Value $40,225 Tax Amount $2,995.1 Change Rate -0.030455% Assessed CR Tax Rate +0.058572%
Year 2022 Assessed Value $46,626 Land Value $9,948 Improvement Value $36,678 Tax Amount $3,089.18 Change Rate +0.062392% Assessed CR Tax Rate +0.066254%
Year 2021 Assessed Value $43,592 Land Value $9,301 Improvement Value $34,291 Tax Amount $2,907.76 Change Rate +0.041387% Assessed CR Tax Rate +0.066704%
Year 2020 Assessed Value $41,615 Land Value $8,879 Improvement Value $32,736 Tax Amount $2,792.2 Change Rate +0.043821% Assessed CR Tax Rate +0.067096%
Year 2019 Assessed Value $39,641 Land Value $8,458 Improvement Value $31,183 Tax Amount $2,674.98 Change Rate +0.048128% Assessed CR Tax Rate +0.06748%
Year 2018 Assessed Value $37,344 Land Value $7,968 Improvement Value $29,376 Tax Amount $2,552.15 Change Rate -0.98979% Assessed CR Tax Rate +0.068342%
Year 2017 Assessed Value $35,304 Land Value $7,533 Improvement Value $27,771 Tax Amount $249,975.52 Change Rate +70.562454% Assessed CR Tax Rate +7.080657%
Year 2016 Assessed Value $32,753 Land Value $6,989 Improvement Value $25,764 Tax Amount $3,493.11 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $30,021 Land Value $6,406 Improvement Value $23,615 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $29,650 Land Value $6,327 Improvement Value $23,323 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $30,432 Land Value $6,494 Improvement Value $23,938 Tax Amount Change Rate Assessed CR Tax Rate