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535 Wellington Ave; Elgin, IL Property Details

535 Wellington Ave, 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 535 Wellington Ave has 6 bedrooms, and 2 bathrooms, and a total of 1,976 square feet. The lot size of 535 Wellington Ave is 8,712 square feet.

For Rent
531 Wellington Ave #535 Elgin, IL 60120
$75,230 Estimated Value
6 Beds
2 Baths
1,976 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $185,000
  • Open Loans / Balance: 3 / $188,260
  • Est. Equity / %: $91,740 / 32.76%
  • Gross Yield: 9.073%
  • APN: 06-24-178-009
  • Situs County: Kane
  • Length Of Ownership: 22 years, 8 months

Rooms

  • Bedrooms: 6
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 12

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,976/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,964/SqFt
  • Living: 1,976/SqFt
  • Basement: 988/SqFt
  • Building: 2,964/SqFt
  • Price Per Square Foot: $93.62

Legal Description

  • Description: GROTE & WALDRONS ADDN LOT 15 BLOCK 3
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: 42.025566 / -88.27342
  • Subdivision: Grote&Waldrons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7707

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

531 Wellington Ave #535 has no associated ownership info
531 Wellington Ave #535 has no associated ownership info.

Taxes

531 Wellington Ave #535 has 10 associated Taxes items

535 Wellington 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 $75,230. The APN we've located for 535 Wellington Ave is 06-24-178-009.

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Taxes
  • Assessed Value:  $75,230
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-178-009
  • Assessed Land Value:  13635
  • Market Land Value:  40921
  • Tax Amount:  5739.36
  • Tax Year:  2025
  • Market Value:  225780
  • Market Year:  2025

Tax History

531 Wellington Ave #535 has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $75,230 Land Value $13,635 Improvement Value $61,595 Tax Amount $5,739.36 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $69,292 Land Value $12,559 Improvement Value $56,733 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $62,600 Land Value $11,346 Improvement Value $51,254 Tax Amount $5,336.36 Change Rate +0.164854% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $52,832 Land Value $10,346 Improvement Value $42,486 Tax Amount $4,581.14 Change Rate +0.039562% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $49,394 Land Value $9,673 Improvement Value $39,721 Tax Amount $4,406.8 Change Rate +0.024689% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $47,154 Land Value $9,234 Improvement Value $37,920 Tax Amount $4,300.62 Change Rate +0.025153% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $44,917 Land Value $8,796 Improvement Value $36,121 Tax Amount $4,195.1 Change Rate +0.011138% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $42,314 Land Value $8,286 Improvement Value $34,028 Tax Amount $4,148.89 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $40,002 Land Value $7,833 Improvement Value $32,169 Tax Amount $411,435.16 Change Rate +102.953156% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $37,111 Land Value $7,267 Improvement Value $29,844 Tax Amount $3,957.89 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $34,016 Land Value $6,661 Improvement Value $27,355 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $33,596 Land Value $6,579 Improvement Value $27,017 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,483 Land Value $6,753 Improvement Value $27,730 Tax Amount Change Rate Assessed CR Tax Rate