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542 Grace St; Elgin, IL Property Details

542 Grace St, 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 542 Grace St has 4 bedrooms, and 3 bathrooms, and a total of 1,976 square feet. The lot size of 542 Grace St is 10,080 square feet.

Off market
542 Grace St Elgin, IL 60120
$98,423 Estimated Value
4 Beds
3 Baths
1,976 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $208,000
  • Open Loans / Balance: 2 / $88,653
  • Est. Equity / %: $252,347 / 74%
  • Gross Yield: 10.385%
  • APN: 06-24-251-026
  • Situs County: Kane
  • Length Of Ownership: 21 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 1,976/SqFt
  • Lot: 10,080/SqFt
  • Gross: 3,069/SqFt
  • Living: 1,976/SqFt
  • Basement: 1,093/SqFt
  • Building: 3,069/SqFt
  • Price Per Square Foot: $105.26

Legal Description

  • Description: GROTE & WALDRONS ADDN LOT 16 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: 42.025257 / -88.27132
  • Subdivision: Grote&Waldrons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7837
  • Cooling: None
  • Garage: Detached Garage
  • Parking: 2

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

542 Grace St has no associated ownership info
542 Grace St has no associated ownership info.

Taxes

542 Grace St has 10 associated Taxes items

542 Grace St, 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 $98,423. The APN we've located for 542 Grace St is 06-24-251-026.

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Taxes
  • Assessed Value:  $98,423
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-251-026
  • Assessed Land Value:  16937
  • Market Land Value:  50831
  • Tax Amount:  6898.44
  • Tax Year:  2025
  • Market Value:  295387
  • Market Year:  2025

Tax History

542 Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $98,423 Land Value $16,937 Improvement Value $81,486 Tax Amount $6,898.44 Change Rate Assessed CR Tax Rate +0.07009%
Year 2024 Assessed Value $90,654 Land Value $15,600 Improvement Value $75,054 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $81,899 Land Value $14,093 Improvement Value $67,806 Tax Amount $6,299.54 Change Rate +0.057843% Assessed CR Tax Rate +0.076918%
Year 2022 Assessed Value $74,677 Land Value $12,850 Improvement Value $61,827 Tax Amount $5,955.08 Change Rate +0.045914% Assessed CR Tax Rate +0.079744%
Year 2021 Assessed Value $69,818 Land Value $12,014 Improvement Value $57,804 Tax Amount $5,693.66 Change Rate +0.075899% Assessed CR Tax Rate +0.08155%
Year 2020 Assessed Value $64,024 Land Value $11,469 Improvement Value $52,555 Tax Amount $5,292 Change Rate +0.03045% Assessed CR Tax Rate +0.082657%
Year 2019 Assessed Value $60,987 Land Value $10,925 Improvement Value $50,062 Tax Amount $5,135.62 Change Rate +0.111409% Assessed CR Tax Rate +0.084208%
Year 2018 Assessed Value $53,299 Land Value $10,292 Improvement Value $43,007 Tax Amount $4,620.82 Change Rate -0.989879% Assessed CR Tax Rate +0.086696%
Year 2017 Assessed Value $50,387 Land Value $9,730 Improvement Value $40,657 Tax Amount $456,536.5 Change Rate +90.57359% Assessed CR Tax Rate +9.060601%
Year 2016 Assessed Value $46,746 Land Value $9,027 Improvement Value $37,719 Tax Amount $4,985.46 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $42,847 Land Value $8,274 Improvement Value $34,573 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $42,318 Land Value $8,172 Improvement Value $34,146 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $49,620 Land Value $8,388 Improvement Value $41,232 Tax Amount Change Rate Assessed CR Tax Rate