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551 Morgan St; Elgin, IL Property Details

551 Morgan St, Elgin, IL is a Single Family that was built in 1930. This property is not for sale. Our records show that 551 Morgan St has 2 bedrooms, and 1 bathroom, and a total of 1,002 square feet. The lot size of 551 Morgan St is 7,168 square feet.

Off market
551 Morgan St Elgin, IL 60123
$71,304 Estimated Value
2 Beds
1 Baths
1,002 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1930
  • Est. Equity / %: $252,000 / 100%
  • Gross Yield: 10.576%
  • APN: 06-23-258-003
  • Situs County: Kane

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Stories: 1
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,002/SqFt
  • Lot: 7,168/SqFt
  • Gross: 2,004/SqFt
  • Living: 1,002/SqFt
  • Basement: 1,002/SqFt
  • Building: 2,004/SqFt
  • Ground: 1,002/SqFt

Legal Description

  • Description: JNO MCGREGORS SUB LOT 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: 42.02401 / -88.29147
  • Subdivision: Jno Mcgregors Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7539
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

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

Taxes

551 Morgan St has 10 associated Taxes items

551 Morgan 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 $71,304. The APN we've located for 551 Morgan St is 06-23-258-003.

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Taxes
  • Assessed Value:  $71,304
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-258-003
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  3305.9
  • Tax Year:  2025
  • Market Value:  213998
  • Market Year:  2025

Tax History

551 Morgan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $71,304 Land Value $15,540 Improvement Value $55,764 Tax Amount $3,305.9 Change Rate Assessed CR Tax Rate +0.046363%
Year 2024 Assessed Value $65,675 Land Value $14,313 Improvement Value $51,362 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $59,333 Land Value $12,931 Improvement Value $46,402 Tax Amount $3,693.94 Change Rate -0.011639% Assessed CR Tax Rate +0.062258%
Year 2022 Assessed Value $54,102 Land Value $11,791 Improvement Value $42,311 Tax Amount $3,737.44 Change Rate +0.058345% Assessed CR Tax Rate +0.069081%
Year 2021 Assessed Value $50,582 Land Value $11,024 Improvement Value $39,558 Tax Amount $3,531.4 Change Rate +0.038403% Assessed CR Tax Rate +0.069815%
Year 2020 Assessed Value $48,288 Land Value $10,524 Improvement Value $37,764 Tax Amount $3,400.8 Change Rate +0.040414% Assessed CR Tax Rate +0.070427%
Year 2019 Assessed Value $45,998 Land Value $10,025 Improvement Value $35,973 Tax Amount $3,268.7 Change Rate +0.051644% Assessed CR Tax Rate +0.071062%
Year 2018 Assessed Value $43,015 Land Value $9,444 Improvement Value $33,571 Tax Amount $3,108.18 Change Rate -0.989813% Assessed CR Tax Rate +0.072258%
Year 2017 Assessed Value $40,665 Land Value $8,928 Improvement Value $31,737 Tax Amount $305,115.34 Change Rate +74.833694% Assessed CR Tax Rate +7.503144%
Year 2016 Assessed Value $37,726 Land Value $8,283 Improvement Value $29,443 Tax Amount $4,023.48 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $34,579 Land Value $7,592 Improvement Value $26,987 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,152 Land Value $7,498 Improvement Value $26,654 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $35,053 Land Value $7,696 Improvement Value $27,357 Tax Amount Change Rate Assessed CR Tax Rate