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540 Wellington Ave; Elgin, IL Property Details

540 Wellington Ave, Elgin, IL is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 540 Wellington Ave has 2 bedrooms, and 1 bathroom, and a total of 770 square feet. The lot size of 540 Wellington Ave is 4,356 square feet.

Off market  •   Pre Probate ✓
540 Wellington Ave Elgin, IL 60120
$43,869 Estimated Value
2 Beds
1 Baths
770 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $85,000
  • Est. Equity / %: $200,000 / 100%
  • Gross Yield: 10.62%
  • APN: 06-24-177-008
  • Situs County: Kane
  • Length Of Ownership: 26 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 770/SqFt
  • Lot: 4,356/SqFt
  • Gross: 1,456/SqFt
  • Living: 770/SqFt
  • Basement: 686/SqFt
  • Building: 1,456/SqFt
  • Ground: 770/SqFt
  • Price Per Square Foot: $110.39

Legal Description

  • Description: W E BENTS ADDN SOUTH 1/2 COUNTY CLERKS SUB A LOT 6
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: School District U-46
  • Lat / Lon: 42.025177 / -88.27425
  • Subdivision: County Clerks Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7751

HOA

  • H O A One: $2
  • H O A Amount: $2
  • H O A One Type: Planned Unit Development

Ownership Info

540 Wellington Ave has no associated ownership info
540 Wellington Ave has no associated ownership info.

Taxes

540 Wellington Ave has 10 associated Taxes items

540 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 $43,869. The APN we've located for 540 Wellington Ave is 06-24-177-008.

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Taxes
  • Assessed Value:  $43,869
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-177-008
  • Assessed Land Value:  9848
  • Market Land Value:  29556
  • Tax Amount:  2736.48
  • Tax Year:  2025
  • Market Value:  131660
  • Market Year:  2025

Tax History

540 Wellington Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $43,869 Land Value $9,848 Improvement Value $34,021 Tax Amount $2,736.48 Change Rate Assessed CR Tax Rate +0.062378%
Year 2024 Assessed Value $40,407 Land Value $9,071 Improvement Value $31,336 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $36,505 Land Value $8,195 Improvement Value $28,310 Tax Amount $2,429.92 Change Rate +0.027016% Assessed CR Tax Rate +0.066564%
Year 2022 Assessed Value $33,286 Land Value $7,472 Improvement Value $25,814 Tax Amount $2,366 Change Rate +0.055713% Assessed CR Tax Rate +0.071081%
Year 2021 Assessed Value $31,120 Land Value $6,986 Improvement Value $24,134 Tax Amount $2,241.14 Change Rate +0.086719% Assessed CR Tax Rate +0.072016%
Year 2020 Assessed Value $28,612 Land Value $6,669 Improvement Value $21,943 Tax Amount $2,062.3 Change Rate +0.038858% Assessed CR Tax Rate +0.072078%
Year 2019 Assessed Value $27,255 Land Value $6,353 Improvement Value $20,902 Tax Amount $1,985.16 Change Rate +0.249173% Assessed CR Tax Rate +0.072837%
Year 2018 Assessed Value $22,074 Land Value $5,985 Improvement Value $16,089 Tax Amount $1,589.18 Change Rate -0.989608% Assessed CR Tax Rate +0.071993%
Year 2017 Assessed Value $20,868 Land Value $5,658 Improvement Value $15,210 Tax Amount $152,922.81 Change Rate +73.06396% Assessed CR Tax Rate +7.328101%
Year 2016 Assessed Value $19,360 Land Value $5,249 Improvement Value $14,111 Tax Amount $2,064.74 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $17,745 Land Value $4,811 Improvement Value $12,934 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $17,526 Land Value $4,752 Improvement Value $12,774 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $20,302 Land Value $4,877 Improvement Value $15,425 Tax Amount Change Rate Assessed CR Tax Rate