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525 Grace St; Elgin, IL Property Details

525 Grace St, Elgin, IL is a Residential General that was built in 1900. This property is currently a cash purchase and is not for sale. Our records show that 525 Grace St has 4 bedrooms, and 2 bathrooms, and a total of 1,103 square feet. The lot size of 525 Grace St is 9,570 square feet.

Off market
525 Grace St Elgin, IL 60120
$57,000 Listing Price
4 Beds
2 Baths
1,103 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $57,000
  • Est. Equity / %: $242,000 / 100%
  • Gross Yield: 9.02%
  • APN: 06-24-252-004
  • Situs County: Kane
  • Length Of Ownership: 12 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 5
  • Water Source: Municipal

Measurements

  • Total: 1,103/SqFt
  • Lot: 9,570/SqFt
  • Gross: 1,743/SqFt
  • Living: 1,103/SqFt
  • Basement: 640/SqFt
  • Building: 1,743/SqFt
  • Price Per Square Foot: $51.68

Legal Description

  • Description: GROTE & WALDRONS ADDN LOT 7 BLOCK 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: 42.02595 / -88.27095
  • Subdivision: Grote&Waldrons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7836
  • Cooling: None
  • Garage: Detached Garage
  • Parking: 2

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

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

Taxes

525 Grace St has 10 associated Taxes items

525 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 $68,671. The APN we've located for 525 Grace St is 06-24-252-004.

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Taxes
  • Assessed Value:  $68,671
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-252-004
  • Assessed Land Value:  15111
  • Market Land Value:  45351
  • Tax Amount:  5238.96
  • Tax Year:  2025
  • Market Value:  206095
  • Market Year:  2025

Tax History

525 Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $68,671 Land Value $15,111 Improvement Value $53,560 Tax Amount $5,238.96 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $63,250 Land Value $13,918 Improvement Value $49,332 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $57,142 Land Value $12,574 Improvement Value $44,568 Tax Amount $4,871.08 Change Rate +0.078169% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $52,103 Land Value $11,465 Improvement Value $40,638 Tax Amount $4,517.92 Change Rate +0.185576% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $48,713 Land Value $10,719 Improvement Value $37,994 Tax Amount $3,810.74 Change Rate +0.077515% Assessed CR Tax Rate +0.078228%
Year 2020 Assessed Value $44,777 Land Value $10,233 Improvement Value $34,544 Tax Amount $3,536.6 Change Rate +0.033103% Assessed CR Tax Rate +0.078983%
Year 2019 Assessed Value $42,653 Land Value $9,748 Improvement Value $32,905 Tax Amount $3,423.28 Change Rate +0.123691% Assessed CR Tax Rate +0.080259%
Year 2018 Assessed Value $36,814 Land Value $9,183 Improvement Value $27,631 Tax Amount $3,046.46 Change Rate -0.989716% Assessed CR Tax Rate +0.082753%
Year 2017 Assessed Value $34,802 Land Value $8,681 Improvement Value $26,121 Tax Amount $296,239.09 Change Rate +85.03073% Assessed CR Tax Rate +8.512128%
Year 2016 Assessed Value $32,287 Land Value $8,054 Improvement Value $24,233 Tax Amount $3,443.41 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $29,594 Land Value $7,382 Improvement Value $22,212 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $29,229 Land Value $7,291 Improvement Value $21,938 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $33,974 Land Value $7,483 Improvement Value $26,491 Tax Amount Change Rate Assessed CR Tax Rate