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56 N Commonwealth Ave; Elgin, IL Property Details

56 N Commonwealth Ave, 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 56 N Commonwealth Ave has 5 bedrooms, and 1 bathroom, and a total of 2,268 square feet. The lot size of 56 N Commonwealth Ave is 8,316 square feet.

Off market
56 N Commonwealth Ave Elgin, IL 60123
$171,000 Listing Price
5 Beds
1 Baths
2,268 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1900
  • Purchase Price: $171,000
  • Open Loans / Balance: 2 / $198,529
  • Est. Equity / %: $111,471 / 35.96%
  • Gross Yield: 9.786%
  • APN: 06-14-301-012
  • Situs County: Kane
  • Length Of Ownership: 5 years, 2 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,268/SqFt
  • Lot: 8,316/SqFt
  • Gross: 3,402/SqFt
  • Living: 2,268/SqFt
  • Basement: 1,134/SqFt
  • Building: 3,402/SqFt
  • Price Per Square Foot: $75.40

Legal Description

  • Description: CRIGHTON PARK ADDN LOT 2 BLOCK 9
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: 42.036293 / -88.30137
  • Subdivision: Crighton Park Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5228
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

56 N Commonwealth Ave has 10 associated Taxes items

56 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 $103,307. The APN we've located for 56 N Commonwealth Ave is 06-14-301-012.

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Taxes
  • Assessed Value:  $103,307
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-14-301-012
  • Assessed Land Value:  18037
  • Market Land Value:  54133
  • Tax Amount:  7271.04
  • Tax Year:  2025
  • Market Value:  310045
  • Market Year:  2025

Tax History

56 N Commonwealth Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $103,307 Land Value $18,037 Improvement Value $85,270 Tax Amount $7,271.04 Change Rate Assessed CR Tax Rate +0.070383%
Year 2024 Assessed Value $95,152 Land Value $16,613 Improvement Value $78,539 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $85,963 Land Value $15,009 Improvement Value $70,954 Tax Amount $6,645.98 Change Rate +0.058864% Assessed CR Tax Rate +0.077312%
Year 2022 Assessed Value $78,384 Land Value $13,686 Improvement Value $64,698 Tax Amount $6,276.52 Change Rate +0.129541% Assessed CR Tax Rate +0.080074%
Year 2021 Assessed Value $73,283 Land Value $12,795 Improvement Value $60,488 Tax Amount $5,556.7 Change Rate +0.033351% Assessed CR Tax Rate +0.075825%
Year 2020 Assessed Value $69,960 Land Value $12,215 Improvement Value $57,745 Tax Amount $5,377.36 Change Rate +0.034748% Assessed CR Tax Rate +0.076863%
Year 2019 Assessed Value $66,642 Land Value $11,636 Improvement Value $55,006 Tax Amount $5,196.78 Change Rate +0.162253% Assessed CR Tax Rate +0.077981%
Year 2018 Assessed Value $59,033 Land Value $10,962 Improvement Value $48,071 Tax Amount $4,471.3 Change Rate -0.989338% Assessed CR Tax Rate +0.075742%
Year 2017 Assessed Value $55,807 Land Value $10,363 Improvement Value $45,444 Tax Amount $419,375.47 Change Rate +74.950424% Assessed CR Tax Rate +7.514747%
Year 2016 Assessed Value $51,774 Land Value $9,614 Improvement Value $42,160 Tax Amount $5,521.7 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $47,455 Land Value $8,812 Improvement Value $38,643 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $46,869 Land Value $8,703 Improvement Value $38,166 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $48,106 Land Value $8,933 Improvement Value $39,173 Tax Amount Change Rate Assessed CR Tax Rate