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525 Morgan St; Elgin, IL Property Details

525 Morgan St, Elgin, IL is a Single Family that was built in 1931. This property is currently Financed and is not for sale. Our records show that 525 Morgan St has 2 bedrooms, and 1 bathroom, and a total of 816 square feet. The lot size of 525 Morgan St is 5,660 square feet.

Off market
525 Morgan St Elgin, IL 60123
$148,000 Listing Price
2 Beds
1 Baths
816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1931
  • Purchase Price: $148,000
  • Open Loans / Balance: 1 / $73,889
  • Est. Equity / %: $206,111 / 73.61%
  • Gross Yield: 8.833%
  • APN: 06-23-258-006
  • Situs County: Kane
  • Length Of Ownership: 11 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Stories: 1
  • Exterior Wall Type: Brick

Measurements

  • Total: 816/SqFt
  • Lot: 5,660/SqFt
  • Gross: 1,632/SqFt
  • Living: 816/SqFt
  • Basement: 816/SqFt
  • Building: 1,632/SqFt
  • Ground: 816/SqFt
  • Price Per Square Foot: $181.37

Legal Description

  • Description: B J WETMORES ADDN WEST 1/2 LOT 5 & EAST 13.5 FT 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: 42.023903 / -88.29098
  • Subdivision: B J Wetmores Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7539
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

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

Taxes

525 Morgan St has 10 associated Taxes items

525 Morgan 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 $66,189. The APN we've located for 525 Morgan St is 06-23-258-006.

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Taxes
  • Assessed Value:  $66,189
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-258-006
  • Assessed Land Value:  12085
  • Market Land Value:  36270
  • Tax Amount:  4439.28
  • Tax Year:  2025
  • Market Value:  198646
  • Market Year:  2025

Tax History

525 Morgan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $66,189 Land Value $12,085 Improvement Value $54,104 Tax Amount $4,439.28 Change Rate Assessed CR Tax Rate +0.06707%
Year 2024 Assessed Value $60,964 Land Value $11,131 Improvement Value $49,833 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $55,076 Land Value $10,056 Improvement Value $45,020 Tax Amount $4,013 Change Rate +0.06159% Assessed CR Tax Rate +0.072863%
Year 2022 Assessed Value $50,219 Land Value $9,169 Improvement Value $41,050 Tax Amount $3,780.18 Change Rate +0.049607% Assessed CR Tax Rate +0.075274%
Year 2021 Assessed Value $46,951 Land Value $8,572 Improvement Value $38,379 Tax Amount $3,601.52 Change Rate +0.031984% Assessed CR Tax Rate +0.076708%
Year 2020 Assessed Value $44,822 Land Value $8,183 Improvement Value $36,639 Tax Amount $3,489.9 Change Rate +0.033218% Assessed CR Tax Rate +0.077861%
Year 2019 Assessed Value $42,696 Land Value $7,795 Improvement Value $34,901 Tax Amount $3,377.7 Change Rate +0.154371% Assessed CR Tax Rate +0.07911%
Year 2018 Assessed Value $36,014 Land Value $7,343 Improvement Value $28,671 Tax Amount $2,926.01 Change Rate -0.989857% Assessed CR Tax Rate +0.081246%
Year 2017 Assessed Value $34,046 Land Value $6,942 Improvement Value $27,104 Tax Amount $288,463.34 Change Rate +84.63453% Assessed CR Tax Rate +8.472753%
Year 2016 Assessed Value $31,585 Land Value $6,440 Improvement Value $25,145 Tax Amount $3,368.54 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $28,951 Land Value $5,903 Improvement Value $23,048 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,593 Land Value $5,830 Improvement Value $22,763 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,347 Land Value $5,984 Improvement Value $23,363 Tax Amount Change Rate Assessed CR Tax Rate