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562 Grace St; Elgin, IL Property Details

562 Grace St, Elgin, IL is a Single Family that was built in 1879. This property is not for sale. Our records show that 562 Grace St has 4 bedrooms, and 1 bathroom, and a total of 740 square feet. The lot size of 562 Grace St is 5,500 square feet.

Off market
562 Grace St Elgin, IL 60120
$50,762 Estimated Value
4 Beds
1 Baths
740 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1879
  • Est. Equity / %: $220,000 / 100%
  • Gross Yield: 8.067%
  • APN: 06-24-251-029
  • Situs County: Kane

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 740/SqFt
  • Lot: 5,500/SqFt
  • Gross: 1,480/SqFt
  • Living: 740/SqFt
  • Basement: 740/SqFt
  • Building: 1,480/SqFt
  • Ground: 740/SqFt

Legal Description

  • Description: GROTE & WALDRONS ADDN SOUTH PART (BEING 60 FT ON EAST LINE & 40 FT ON WEST LINE) LOT 23 BLOCK 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: 42.02472 / -88.271194
  • Subdivision: Grote&Waldrons Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7837
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One: $175
  • H O A Amount: $175
  • H O A One Frequency: Monthly
  • H O A One Type: Planned Unit Development

Ownership Info

562 Grace St has no associated ownership info
562 Grace St has no associated ownership info.

Taxes

562 Grace St has 10 associated Taxes items

562 Grace 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 $50,762. The APN we've located for 562 Grace St is 06-24-251-029.

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Taxes
  • Assessed Value:  $50,762
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-251-029
  • Assessed Land Value:  11362
  • Market Land Value:  34100
  • Tax Amount:  2001.8
  • Tax Year:  2025
  • Market Value:  152347
  • Market Year:  2025

Tax History

562 Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $50,762 Land Value $11,362 Improvement Value $39,400 Tax Amount $2,001.8 Change Rate Assessed CR Tax Rate +0.039435%
Year 2024 Assessed Value $46,755 Land Value $10,465 Improvement Value $36,290 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $42,239 Land Value $9,454 Improvement Value $32,785 Tax Amount $2,236.76 Change Rate -0.062462% Assessed CR Tax Rate +0.052955%
Year 2022 Assessed Value $38,514 Land Value $8,620 Improvement Value $29,894 Tax Amount $2,385.78 Change Rate +0.06931% Assessed CR Tax Rate +0.061946%
Year 2021 Assessed Value $36,008 Land Value $8,059 Improvement Value $27,949 Tax Amount $2,231.14 Change Rate -0.261041% Assessed CR Tax Rate +0.061962%
Year 2020 Assessed Value $33,105 Land Value $7,694 Improvement Value $25,411 Tax Amount $3,019.3 Change Rate +0.025132% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $31,535 Land Value $7,329 Improvement Value $24,206 Tax Amount $2,945.28 Change Rate +0.138501% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $26,384 Land Value $6,904 Improvement Value $19,480 Tax Amount $2,586.98 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $24,943 Land Value $6,527 Improvement Value $18,416 Tax Amount $256,547.86 Change Rate +102.95476% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $23,140 Land Value $6,055 Improvement Value $17,085 Tax Amount $2,467.88 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $21,210 Land Value $5,550 Improvement Value $15,660 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $20,948 Land Value $5,481 Improvement Value $15,467 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $24,302 Land Value $5,626 Improvement Value $18,676 Tax Amount Change Rate Assessed CR Tax Rate