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551 Laurel St; Elgin, IL Property Details

551 Laurel St, Elgin, IL is a Single Family that was built in 1920. This property is currently Financed and is not for sale. Our records show that 551 Laurel St has 3 bedrooms, and 1.5 bathrooms, and a total of 1,536 square feet. The lot size of 551 Laurel St is 10,019 square feet.

Off market
551 Laurel St Elgin, IL 60120
$78,421 Estimated Value
3 Beds
1.5 Baths
1,536 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1920
  • Purchase Price: $189,000
  • Open Loans / Balance: 1 / $115,270
  • Est. Equity / %: $150,730 / 56.67%
  • Gross Yield: 10.552%
  • APN: 06-13-456-003
  • Situs County: Kane
  • Length Of Ownership: 18 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

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

Measurements

  • Total: 1,536/SqFt
  • Lot: 10,019/SqFt
  • Gross: 2,304/SqFt
  • Living: 1,536/SqFt
  • Basement: 768/SqFt
  • Building: 2,304/SqFt
  • Price Per Square Foot: $123.05

Legal Description

  • Description: CHARLES S MOSELEYS & ALFRED LAVOIES SUB OF LOT 2 JAMES H & FULTON GIFFORDS ADDN EXCEPT EAST 57 FT NORTH 132 FT LOT 7 & EAST 66 FT (ON NORTH LINE) OF NORTH 132 FT LOT 10
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: 42.03354 / -88.26891
  • Subdivision: James H&Fulton Giffords Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6653
  • Cooling: Central
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

551 Laurel St has no associated ownership info
551 Laurel St has no associated ownership info.

Taxes

551 Laurel St has 10 associated Taxes items

551 Laurel 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 $78,421. The APN we've located for 551 Laurel St is 06-13-456-003.

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Taxes
  • Assessed Value:  $78,421
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-13-456-003
  • Assessed Land Value:  16974
  • Market Land Value:  50942
  • Tax Amount:  5372.48
  • Tax Year:  2025
  • Market Value:  235357
  • Market Year:  2025

Tax History

551 Laurel St has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,421 Land Value $16,974 Improvement Value $61,447 Tax Amount $5,372.48 Change Rate Assessed CR Tax Rate +0.068508%
Year 2024 Assessed Value $72,231 Land Value $15,634 Improvement Value $56,597 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $65,255 Land Value $14,124 Improvement Value $51,131 Tax Amount $4,880.72 Change Rate +0.052052% Assessed CR Tax Rate +0.074795%
Year 2022 Assessed Value $59,502 Land Value $12,879 Improvement Value $46,623 Tax Amount $4,639.24 Change Rate +0.047743% Assessed CR Tax Rate +0.077968%
Year 2021 Assessed Value $55,630 Land Value $12,041 Improvement Value $43,589 Tax Amount $4,427.84 Change Rate +0.075878% Assessed CR Tax Rate +0.079594%
Year 2020 Assessed Value $51,125 Land Value $11,495 Improvement Value $39,630 Tax Amount $4,115.56 Change Rate +0.031976% Assessed CR Tax Rate +0.0805%
Year 2019 Assessed Value $48,700 Land Value $10,950 Improvement Value $37,750 Tax Amount $3,988.04 Change Rate +0.076507% Assessed CR Tax Rate +0.08189%
Year 2018 Assessed Value $43,955 Land Value $10,316 Improvement Value $33,639 Tax Amount $3,704.61 Change Rate -0.989869% Assessed CR Tax Rate +0.084282%
Year 2017 Assessed Value $41,553 Land Value $9,752 Improvement Value $31,801 Tax Amount $365,675.59 Change Rate +87.94273% Assessed CR Tax Rate +8.800221%
Year 2016 Assessed Value $38,550 Land Value $9,047 Improvement Value $29,503 Tax Amount $4,111.36 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $35,334 Land Value $8,292 Improvement Value $27,042 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,898 Land Value $8,190 Improvement Value $26,708 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $40,656 Land Value $8,406 Improvement Value $32,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $3,924.46 Change Rate Assessed CR Tax Rate