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525 Walnut Ave; Elgin, IL Property Details

525 Walnut Ave, Elgin, IL is a Single Family that was built in 1948. This property is currently a cash purchase and is not for sale. Our records show that 525 Walnut Ave has 3 bedrooms, and 2.5 bathrooms, and a total of 1,023 square feet. The lot size of 525 Walnut Ave is 4,356 square feet.

Off market
525 Walnut Ave Elgin, IL 60123
$74,242 Estimated Value
3 Beds
2.5 Baths
1,023 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1948
  • Purchase Price: $42,000
  • Est. Equity / %: $288,000 / 100%
  • Gross Yield: 8.888%
  • APN: 06-23-206-001
  • Situs County: Kane
  • Length Of Ownership: 15 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,023/SqFt
  • Lot: 4,356/SqFt
  • Gross: 1,938/SqFt
  • Living: 1,023/SqFt
  • Basement: 915/SqFt
  • Building: 1,938/SqFt
  • Ground: 1,023/SqFt
  • Price Per Square Foot: $41.06

Legal Description

  • Description: J C & W H KIMBALLS 3RD ADDN EXCEPT SOUTH 66 FT LOT 5 BLOCK 2
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: 42.028614 / -88.291176
  • Subdivision: J C&W H Kimballs 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7523
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

525 Walnut Ave has no associated ownership info
525 Walnut Ave has no associated ownership info.

Taxes

525 Walnut Ave has 10 associated Taxes items

525 Walnut 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 $74,242. The APN we've located for 525 Walnut Ave is 06-23-206-001.

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Taxes
  • Assessed Value:  $74,242
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-206-001
  • Assessed Land Value:  12953
  • Market Land Value:  38875
  • Tax Amount:  5053.66
  • Tax Year:  2025
  • Market Value:  222815
  • Market Year:  2025

Tax History

525 Walnut Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $74,242 Land Value $12,953 Improvement Value $61,289 Tax Amount $5,053.66 Change Rate Assessed CR Tax Rate +0.06807%
Year 2024 Assessed Value $68,382 Land Value $11,931 Improvement Value $56,451 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $61,778 Land Value $10,779 Improvement Value $50,999 Tax Amount $4,584.32 Change Rate +0.050423% Assessed CR Tax Rate +0.074206%
Year 2022 Assessed Value $56,331 Land Value $9,829 Improvement Value $46,502 Tax Amount $4,364.26 Change Rate +0.048264% Assessed CR Tax Rate +0.077475%
Year 2021 Assessed Value $52,665 Land Value $9,189 Improvement Value $43,476 Tax Amount $4,163.32 Change Rate +0.103533% Assessed CR Tax Rate +0.079053%
Year 2020 Assessed Value $50,277 Land Value $8,772 Improvement Value $41,505 Tax Amount $3,772.72 Change Rate +0.032603% Assessed CR Tax Rate +0.075039%
Year 2019 Assessed Value $47,892 Land Value $8,356 Improvement Value $39,536 Tax Amount $3,653.6 Change Rate -0.016874% Assessed CR Tax Rate +0.076288%
Year 2018 Assessed Value $46,686 Land Value $7,872 Improvement Value $38,814 Tax Amount $3,716.31 Change Rate -0.989869% Assessed CR Tax Rate +0.079602%
Year 2017 Assessed Value $44,135 Land Value $7,442 Improvement Value $36,693 Tax Amount $366,837.84 Change Rate +87.9854% Assessed CR Tax Rate +8.311722%
Year 2016 Assessed Value $38,654 Land Value $6,904 Improvement Value $31,750 Tax Amount $4,122.45 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $35,430 Land Value $6,328 Improvement Value $29,102 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,993 Land Value $6,250 Improvement Value $28,743 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $35,916 Land Value $6,415 Improvement Value $29,501 Tax Amount Change Rate Assessed CR Tax Rate