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562 Algona Ave; Elgin, IL Property Details

562 Algona Ave, Elgin, IL is a Single Family that was built in 1915. This property is currently Financed and is not for sale. Our records show that 562 Algona Ave has 3 bedrooms, and 1 bathroom, and a total of 1,267 square feet. The lot size of 562 Algona Ave is 12,322 square feet.

Off market
562 Algona Ave Elgin, IL 60120
$145,000 Listing Price
3 Beds
1 Baths
1,267 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1915
  • Purchase Price: $145,000
  • Open Loans / Balance: 1 / $122,369
  • Est. Equity / %: $135,631 / 52.57%
  • Gross Yield: 12.493%
  • APN: 06-12-407-009
  • Situs County: Kane
  • Length Of Ownership: 6 years, 9 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,267/SqFt
  • Lot: 12,322/SqFt
  • Gross: 2,217/SqFt
  • Living: 1,267/SqFt
  • Basement: 950/SqFt
  • Building: 2,217/SqFt
  • Ground: 1,267/SqFt
  • Price Per Square Foot: $114.44

Legal Description

  • Description: W H WILCOXS ADDN LOT 4 BLOCK 5
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: 42.049686 / -88.26843
  • Subdivision: W H Wilcoxs Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

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

Ownership Info

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

Taxes

562 Algona Ave has 10 associated Taxes items

562 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 $77,403. The APN we've located for 562 Algona Ave is 06-12-407-009.

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Taxes
  • Assessed Value:  $77,403
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-407-009
  • Assessed Land Value:  21585
  • Market Land Value:  64781
  • Tax Amount:  5294.8
  • Tax Year:  2025
  • Market Value:  232302
  • Market Year:  2025

Tax History

562 Algona Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $77,403 Land Value $21,585 Improvement Value $55,818 Tax Amount $5,294.8 Change Rate Assessed CR Tax Rate +0.068406%
Year 2024 Assessed Value $71,293 Land Value $19,881 Improvement Value $51,412 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $64,408 Land Value $17,961 Improvement Value $46,447 Tax Amount $4,808.52 Change Rate +0.051686% Assessed CR Tax Rate +0.074657%
Year 2022 Assessed Value $58,729 Land Value $16,377 Improvement Value $42,352 Tax Amount $4,572.2 Change Rate +0.047867% Assessed CR Tax Rate +0.077853%
Year 2021 Assessed Value $54,907 Land Value $15,311 Improvement Value $39,596 Tax Amount $4,363.34 Change Rate +0.030694% Assessed CR Tax Rate +0.079468%
Year 2020 Assessed Value $52,417 Land Value $14,617 Improvement Value $37,800 Tax Amount $4,233.4 Change Rate +0.031777% Assessed CR Tax Rate +0.080764%
Year 2019 Assessed Value $49,931 Land Value $13,924 Improvement Value $36,007 Tax Amount $4,103.02 Change Rate +0.225342% Assessed CR Tax Rate +0.082174%
Year 2018 Assessed Value $40,323 Land Value $13,117 Improvement Value $27,206 Tax Amount $3,348.47 Change Rate -0.989864% Assessed CR Tax Rate +0.083041%
Year 2017 Assessed Value $38,119 Land Value $12,400 Improvement Value $25,719 Tax Amount $330,355.62 Change Rate +86.59101% Assessed CR Tax Rate +8.666429%
Year 2016 Assessed Value $35,364 Land Value $11,504 Improvement Value $23,860 Tax Amount $3,771.57 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,414 Land Value $10,544 Improvement Value $21,870 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,014 Land Value $10,414 Improvement Value $21,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,771 Land Value $10,689 Improvement Value $26,082 Tax Amount Change Rate Assessed CR Tax Rate