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61 S Melrose Ave; Elgin, IL Property Details

61 S Melrose Ave, Elgin, IL is a Single Family that was built in 1930. This property is currently Financed and is not for sale. Our records show that 61 S Melrose Ave has 2 bedrooms, and 1.5 bathrooms, and a total of 1,525 square feet. The lot size of 61 S Melrose Ave is 6,600 square feet.

Off market
61 S Melrose Ave Elgin, IL 60123
$87,242 Estimated Value
2 Beds
1.5 Baths
1,525 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1930
  • Purchase Price: $160,500
  • Open Loans / Balance: 1 / $70,462
  • Est. Equity / %: $211,538 / 75.01%
  • Gross Yield: 12.285%
  • APN: 06-15-454-003
  • Situs County: Kane
  • Length Of Ownership: 22 years, 6 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 1,525/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,346/SqFt
  • Living: 1,525/SqFt
  • Basement: 821/SqFt
  • Building: 2,346/SqFt
  • Price Per Square Foot: $105.25

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 14 BLOCK 25
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: 42.032738 / -88.30785
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6052
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

61 S Melrose Ave has no associated ownership info
61 S Melrose Ave has no associated ownership info.

Taxes

61 S Melrose Ave has 10 associated Taxes items

61 S Melrose 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 $87,242. The APN we've located for 61 S Melrose Ave is 06-15-454-003.

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Taxes
  • Assessed Value:  $87,242
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-454-003
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  6045.44
  • Tax Year:  2025
  • Market Value:  261831
  • Market Year:  2025

Tax History

61 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $87,242 Land Value $15,540 Improvement Value $71,702 Tax Amount $6,045.44 Change Rate Assessed CR Tax Rate +0.069295%
Year 2024 Assessed Value $80,355 Land Value $14,313 Improvement Value $66,042 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $72,595 Land Value $12,931 Improvement Value $59,664 Tax Amount $5,442.06 Change Rate +0.054695% Assessed CR Tax Rate +0.074965%
Year 2022 Assessed Value $66,194 Land Value $11,791 Improvement Value $54,403 Tax Amount $5,159.84 Change Rate +0.046892% Assessed CR Tax Rate +0.07795%
Year 2021 Assessed Value $61,887 Land Value $11,024 Improvement Value $50,863 Tax Amount $4,928.72 Change Rate +0.029997% Assessed CR Tax Rate +0.079641%
Year 2020 Assessed Value $59,081 Land Value $10,524 Improvement Value $48,557 Tax Amount $4,785.18 Change Rate +0.031009% Assessed CR Tax Rate +0.080994%
Year 2019 Assessed Value $55,694 Land Value $10,025 Improvement Value $45,669 Tax Amount $4,641.26 Change Rate +0.02248% Assessed CR Tax Rate +0.083335%
Year 2018 Assessed Value $52,467 Land Value $9,444 Improvement Value $43,023 Tax Amount $4,539.22 Change Rate -0.989878% Assessed CR Tax Rate +0.086516%
Year 2017 Assessed Value $49,600 Land Value $8,928 Improvement Value $40,672 Tax Amount $448,441.91 Change Rate +90.37685% Assessed CR Tax Rate +9.041168%
Year 2016 Assessed Value $46,016 Land Value $8,283 Improvement Value $37,733 Tax Amount $4,907.61 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $42,178 Land Value $7,592 Improvement Value $34,586 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $41,657 Land Value $7,498 Improvement Value $34,159 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $42,756 Land Value $7,696 Improvement Value $35,060 Tax Amount Change Rate Assessed CR Tax Rate