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537 Illinois Ave; Elgin, IL Property Details

537 Illinois Ave, Elgin, IL is a Single Family that was built in 1950. This property is currently Financed,Bank Sale and is not for sale. Our records show that 537 Illinois Ave has 2 bedrooms, and 1 bathroom, and a total of 1,152 square feet. The lot size of 537 Illinois Ave is 7,474 square feet.

Off market
537 Illinois Ave Elgin, IL 60120
$80,000 Listing Price
2 Beds
1 Baths
1,152 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1950
  • Purchase Price: $80,000
  • Open Loans / Balance: 2 / $150,932
  • Est. Equity / %: $99,068 / 39.63%
  • Gross Yield: 9.538%
  • APN: 06-24-278-008
  • Situs County: Kane
  • Length Of Ownership: 12 years, 3 months

Rooms

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

Structure

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

Measurements

  • Total: 1,152/SqFt
  • Lot: 7,474/SqFt
  • Gross: 1,920/SqFt
  • Living: 1,152/SqFt
  • Basement: 768/SqFt
  • Building: 1,920/SqFt
  • Price Per Square Foot: $69.44

Legal Description

  • Description: J & L VAN NOSTRANDS ADDN LOT 8 BLOCK 3
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: 42.02544 / -88.26578
  • Subdivision: J&L Van Nostrands Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7914
  • Cooling: Central
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

537 Illinois Ave has no associated ownership info
537 Illinois Ave has no associated ownership info.

Taxes

537 Illinois Ave has 10 associated Taxes items

537 Illinois 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 $80,447. The APN we've located for 537 Illinois Ave is 06-24-278-008.

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Taxes
  • Assessed Value:  $80,447
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-278-008
  • Assessed Land Value:  16038
  • Market Land Value:  48133
  • Tax Amount:  5527.04
  • Tax Year:  2025
  • Market Value:  241438
  • Market Year:  2025

Tax History

537 Illinois Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $80,447 Land Value $16,038 Improvement Value $64,409 Tax Amount $5,527.04 Change Rate Assessed CR Tax Rate +0.068704%
Year 2024 Assessed Value $74,097 Land Value $14,772 Improvement Value $59,325 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $66,941 Land Value $13,345 Improvement Value $53,596 Tax Amount $5,024.44 Change Rate +0.052808% Assessed CR Tax Rate +0.075058%
Year 2022 Assessed Value $61,038 Land Value $12,168 Improvement Value $48,870 Tax Amount $4,772.42 Change Rate +0.047511% Assessed CR Tax Rate +0.078188%
Year 2021 Assessed Value $57,066 Land Value $11,376 Improvement Value $45,690 Tax Amount $4,555.96 Change Rate +0.076565% Assessed CR Tax Rate +0.079837%
Year 2020 Assessed Value $52,401 Land Value $10,860 Improvement Value $41,541 Tax Amount $4,231.94 Change Rate +0.031798% Assessed CR Tax Rate +0.080761%
Year 2019 Assessed Value $49,915 Land Value $10,345 Improvement Value $39,570 Tax Amount $4,101.52 Change Rate +0.242362% Assessed CR Tax Rate +0.08217%
Year 2018 Assessed Value $39,843 Land Value $9,746 Improvement Value $30,097 Tax Amount $3,301.39 Change Rate -0.989863% Assessed CR Tax Rate +0.08286%
Year 2017 Assessed Value $37,665 Land Value $9,213 Improvement Value $28,452 Tax Amount $325,686.09 Change Rate +86.393326% Assessed CR Tax Rate +8.646916%
Year 2016 Assessed Value $34,943 Land Value $8,547 Improvement Value $26,396 Tax Amount $3,726.67 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,028 Land Value $7,834 Improvement Value $24,194 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,632 Land Value $7,737 Improvement Value $23,895 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,794 Land Value $7,941 Improvement Value $28,853 Tax Amount Change Rate Assessed CR Tax Rate