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571 Morgan St; Elgin, IL Property Details

571 Morgan St, Elgin, IL is a Residential General that was built in 1940. This property is currently a cash purchase and is not for sale. Our records show that 571 Morgan St has 2 bedrooms, and 2 bathrooms, and a total of 1,709 square feet. The lot size of 571 Morgan St is 5,512 square feet.

Off market
571 Morgan St Elgin, IL 60123
$62,000 Listing Price
2 Beds
2 Baths
1,709 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1940
  • Purchase Price: $62,000
  • Open Loans / Balance: 1 / $801,204
  • Est. Equity / %: $-489,204 / -156.8%
  • Gross Yield: 9.246%
  • APN: 06-23-257-001
  • Situs County: Kane
  • Length Of Ownership: 12 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 5
  • Exterior Wall Type: Brick
  • Water Source: Municipal

Measurements

  • Total: 1,709/SqFt
  • Lot: 5,512/SqFt
  • Gross: 2,465/SqFt
  • Living: 1,709/SqFt
  • Basement: 756/SqFt
  • Building: 2,465/SqFt
  • Price Per Square Foot: $36.28

Legal Description

  • Description: SCHIESHERS SUB LOT 1
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.024048 / -88.29238
  • Subdivision: Schieshers Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7567
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

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

Taxes

571 Morgan St has 10 associated Taxes items

571 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 $90,762. The APN we've located for 571 Morgan St is 06-23-257-001.

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Taxes
  • Assessed Value:  $90,762
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-23-257-001
  • Assessed Land Value:  13812
  • Market Land Value:  41453
  • Tax Amount:  6924.3
  • Tax Year:  2025
  • Market Value:  272395
  • Market Year:  2025

Tax History

571 Morgan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $90,762 Land Value $13,812 Improvement Value $76,950 Tax Amount $6,924.3 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $83,598 Land Value $12,722 Improvement Value $70,876 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $75,524 Land Value $11,493 Improvement Value $64,031 Tax Amount $6,438.06 Change Rate +0.078153% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $68,865 Land Value $10,480 Improvement Value $58,385 Tax Amount $5,971.38 Change Rate +0.039557% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $64,384 Land Value $9,798 Improvement Value $54,586 Tax Amount $5,744.16 Change Rate +0.024678% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $61,465 Land Value $9,354 Improvement Value $52,111 Tax Amount $5,605.82 Change Rate +0.025149% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $58,549 Land Value $8,910 Improvement Value $49,639 Tax Amount $5,468.3 Change Rate +0.043027% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $53,470 Land Value $8,394 Improvement Value $45,076 Tax Amount $5,242.72 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $50,548 Land Value $7,935 Improvement Value $42,613 Tax Amount $519,904.62 Change Rate +102.95286% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $46,895 Land Value $7,362 Improvement Value $39,533 Tax Amount $5,001.35 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $42,984 Land Value $6,748 Improvement Value $36,236 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $42,454 Land Value $6,665 Improvement Value $35,789 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $43,574 Land Value $6,841 Improvement Value $36,733 Tax Amount Change Rate Assessed CR Tax Rate