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55 N Commonwealth Ave; Elgin, IL Property Details

55 N Commonwealth Ave, Elgin, IL is a Single Family that was built in 1918. This property is currently Financed and is not for sale. Our records show that 55 N Commonwealth Ave has 1 bathroom, and a total of 1,822 square feet. The lot size of 55 N Commonwealth Ave is 8,316 square feet.

Off market
55 N Commonwealth Ave Elgin, IL 60123
$92,514 Estimated Value
1 Baths
1,822 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1918
  • Purchase Price: $185,000
  • Open Loans / Balance: 1 / $64,416
  • Est. Equity / %: $284,584 / 81.54%
  • Gross Yield: 7.905%
  • APN: 06-14-302-001
  • Situs County: Kane
  • Length Of Ownership: 25 years

Rooms

  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,822/SqFt
  • Lot: 8,316/SqFt
  • Gross: 2,680/SqFt
  • Living: 1,822/SqFt
  • Basement: 858/SqFt
  • Building: 2,680/SqFt
  • Price Per Square Foot: $101.54

Legal Description

  • Description: CRIGHTON PARK ADDN LOT 1 BLOCK 6
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: 42.03633 / -88.30079
  • Subdivision: Crighton Park Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5227
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

55 N Commonwealth Ave has no associated ownership info
55 N Commonwealth Ave has no associated ownership info.

Taxes

55 N Commonwealth Ave has 10 associated Taxes items

55 N Commonwealth 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 $92,514. The APN we've located for 55 N Commonwealth Ave is 06-14-302-001.

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Taxes
  • Assessed Value:  $92,514
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-14-302-001
  • Assessed Land Value:  18037
  • Market Land Value:  54133
  • Tax Amount:  5837.32
  • Tax Year:  2025
  • Market Value:  277653
  • Market Year:  2025

Tax History

55 N Commonwealth Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,514 Land Value $18,037 Improvement Value $74,477 Tax Amount $5,837.32 Change Rate Assessed CR Tax Rate +0.063097%
Year 2024 Assessed Value $85,211 Land Value $16,613 Improvement Value $68,598 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $76,982 Land Value $15,009 Improvement Value $61,973 Tax Amount $5,198.42 Change Rate -0.066114% Assessed CR Tax Rate +0.067528%
Year 2022 Assessed Value $70,195 Land Value $13,686 Improvement Value $56,509 Tax Amount $5,566.44 Change Rate +0.046374% Assessed CR Tax Rate +0.0793%
Year 2021 Assessed Value $65,627 Land Value $12,795 Improvement Value $52,832 Tax Amount $5,319.74 Change Rate +0.029605% Assessed CR Tax Rate +0.08106%
Year 2020 Assessed Value $62,651 Land Value $12,215 Improvement Value $50,436 Tax Amount $5,166.78 Change Rate +0.030586% Assessed CR Tax Rate +0.082469%
Year 2019 Assessed Value $59,679 Land Value $11,636 Improvement Value $48,043 Tax Amount $5,013.44 Change Rate +0.021975% Assessed CR Tax Rate +0.084007%
Year 2018 Assessed Value $56,204 Land Value $10,962 Improvement Value $45,242 Tax Amount $4,905.64 Change Rate -0.989881% Assessed CR Tax Rate +0.087283%
Year 2017 Assessed Value $53,133 Land Value $10,363 Improvement Value $42,770 Tax Amount $484,780.12 Change Rate +91.21436% Assessed CR Tax Rate +9.123899%
Year 2016 Assessed Value $49,293 Land Value $9,614 Improvement Value $39,679 Tax Amount $5,257.1 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $45,181 Land Value $8,812 Improvement Value $36,369 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $44,623 Land Value $8,703 Improvement Value $35,920 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $45,800 Land Value $8,933 Improvement Value $36,867 Tax Amount Change Rate Assessed CR Tax Rate