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550 Algona Ave; Elgin, IL Property Details

550 Algona Ave, Elgin, IL is a Residential General that was built in 1900. This property is currently Financed and is not for sale. Our records show that 550 Algona Ave has 3 bedrooms, and 1 bathroom, and a total of 1,216 square feet. The lot size of 550 Algona Ave is 8,712 square feet.

Off market
550 Algona Ave Elgin, IL 60120
$78,239 Estimated Value
3 Beds
1 Baths
1,216 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $120,000
  • Open Loans / Balance: 1 / $20,347
  • Est. Equity / %: $250,653 / 92.49%
  • Gross Yield: 12.022%
  • APN: 06-12-407-007
  • Situs County: Kane
  • Length Of Ownership: 26 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,216/SqFt
  • Lot: 8,712/SqFt
  • Gross: 2,128/SqFt
  • Living: 1,216/SqFt
  • Basement: 912/SqFt
  • Building: 2,128/SqFt
  • Ground: 1,216/SqFt
  • Price Per Square Foot: $98.68

Legal Description

  • Description: W H WILCOXS ADDN WEST 1.2 LOT 1 & LOT 2 BLOCK 5
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.049538 / -88.268936
  • Subdivision: W H Wilcoxs Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3944
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

550 Algona Ave has no associated ownership info
550 Algona Ave has no associated ownership info.

Taxes

550 Algona Ave has 10 associated Taxes items

550 Algona 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 $78,239. The APN we've located for 550 Algona Ave is 06-12-407-007.

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Taxes
  • Assessed Value:  $78,239
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-407-007
  • Assessed Land Value:  20696
  • Market Land Value:  62113
  • Tax Amount:  5968.92
  • Tax Year:  2025
  • Market Value:  234811
  • Market Year:  2025

Tax History

550 Algona Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,239 Land Value $20,696 Improvement Value $57,543 Tax Amount $5,968.92 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $72,063 Land Value $19,062 Improvement Value $53,001 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $65,103 Land Value $17,221 Improvement Value $47,882 Tax Amount $5,549.72 Change Rate +0.078151% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $59,363 Land Value $15,703 Improvement Value $43,660 Tax Amount $5,147.44 Change Rate +0.039559% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $55,500 Land Value $14,681 Improvement Value $40,819 Tax Amount $4,951.56 Change Rate +0.024692% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $52,983 Land Value $14,015 Improvement Value $38,968 Tax Amount $4,832.24 Change Rate +0.025161% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $50,469 Land Value $13,350 Improvement Value $37,119 Tax Amount $4,713.64 Change Rate +0.195982% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $40,196 Land Value $12,577 Improvement Value $27,619 Tax Amount $3,941.23 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $38,000 Land Value $11,890 Improvement Value $26,110 Tax Amount $390,843.88 Change Rate +102.95226% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $35,254 Land Value $11,031 Improvement Value $24,223 Tax Amount $3,759.84 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,314 Land Value $10,111 Improvement Value $22,203 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,915 Land Value $9,986 Improvement Value $21,929 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,728 Land Value $10,249 Improvement Value $26,479 Tax Amount Change Rate Assessed CR Tax Rate