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54 S Melrose Ave; Elgin, IL Property Details

54 S Melrose Ave, Elgin, IL is a Single Family that was built in 1954. This property is currently Financed and is not for sale. Our records show that 54 S Melrose Ave has 3 bedrooms, and 1 bathroom, and a total of 1,120 square feet. The lot size of 54 S Melrose Ave is 6,600 square feet.

Off market
54 S Melrose Ave Elgin, IL 60123
$132,000 Listing Price
3 Beds
1 Baths
1,120 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1954
  • Purchase Price: $132,000
  • Open Loans / Balance: 2 / $126,375
  • Est. Equity / %: $151,625 / 54.54%
  • Gross Yield: 9.289%
  • APN: 06-15-453-010
  • Situs County: Kane
  • Length Of Ownership: 11 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,120/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,240/SqFt
  • Living: 1,120/SqFt
  • Basement: 1,120/SqFt
  • Building: 2,240/SqFt
  • Ground: 1,120/SqFt
  • Price Per Square Foot: $117.86

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 2 BLOCK 26
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: 42.03293 / -88.3085
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6051

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

54 S Melrose Ave has no associated ownership info
54 S Melrose Ave has no associated ownership info.

Taxes

54 S Melrose Ave has 10 associated Taxes items

54 S Melrose 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 $77,126. The APN we've located for 54 S Melrose Ave is 06-15-453-010.

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Taxes
  • Assessed Value:  $77,126
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-453-010
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5273.68
  • Tax Year:  2025
  • Market Value:  231471
  • Market Year:  2025

Tax History

54 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,126 Land Value $15,540 Improvement Value $61,586 Tax Amount $5,273.68 Change Rate Assessed CR Tax Rate +0.068377%
Year 2024 Assessed Value $71,038 Land Value $14,313 Improvement Value $56,725 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $64,178 Land Value $12,931 Improvement Value $51,247 Tax Amount $4,788.9 Change Rate +0.051581% Assessed CR Tax Rate +0.074619%
Year 2022 Assessed Value $58,519 Land Value $11,791 Improvement Value $46,728 Tax Amount $4,554 Change Rate +0.047894% Assessed CR Tax Rate +0.077821%
Year 2021 Assessed Value $54,711 Land Value $11,024 Improvement Value $43,687 Tax Amount $4,345.86 Change Rate +0.030719% Assessed CR Tax Rate +0.079433%
Year 2020 Assessed Value $52,230 Land Value $10,524 Improvement Value $41,706 Tax Amount $4,216.34 Change Rate +0.031798% Assessed CR Tax Rate +0.080726%
Year 2019 Assessed Value $49,753 Land Value $10,025 Improvement Value $39,728 Tax Amount $4,086.4 Change Rate +0.183363% Assessed CR Tax Rate +0.082134%
Year 2018 Assessed Value $41,391 Land Value $9,444 Improvement Value $31,947 Tax Amount $3,453.21 Change Rate -0.989866% Assessed CR Tax Rate +0.083429%
Year 2017 Assessed Value $39,129 Land Value $8,928 Improvement Value $30,201 Tax Amount $340,743.88 Change Rate +87.0134% Assessed CR Tax Rate +8.708218%
Year 2016 Assessed Value $36,301 Land Value $8,283 Improvement Value $28,018 Tax Amount $3,871.5 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $33,273 Land Value $7,592 Improvement Value $25,681 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,862 Land Value $7,498 Improvement Value $25,364 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $33,729 Land Value $7,696 Improvement Value $26,033 Tax Amount Change Rate Assessed CR Tax Rate