- Assessed Value: $77,262
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-15-453-012
- Assessed Land Value: 15540
- Market Land Value: 46639
- Tax Amount: 5894.38
- Tax Year: 2025
- Market Value: 231879
- Market Year: 2025
62 S Melrose Ave; Elgin, IL Property Details
Off market
62 S Melrose Ave Elgin, IL 60123
$77,262 Estimated Value
2 Beds
1.5 Baths
1,224 SqFt
Property Type
Residential GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1940
- Purchase Price: $150,000
- Est. Equity / %: $257,000 / 100%
- Gross Yield: 11.626%
- APN: 06-15-453-012
- Situs County: Kane
- Length Of Ownership: 5 years, 7 months
Rooms
- Bedrooms: 2
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 4
- Partial Bathrooms: 1
Structure
- Building Style: Frame
- Stories: 5
Measurements
- Total: 1,224/SqFt
- Lot: 6,600/SqFt
- Gross: 2,040/SqFt
- Living: 1,224/SqFt
- Basement: 816/SqFt
- Building: 2,040/SqFt
- Price Per Square Foot: $122.55
Legal Description
- Description: WASHINGTON HEIGHTS ADDN LOT 4 BLOCK 26
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: 42.032654 / -88.308495
- Subdivision: Ashington Heights Addn
- Property Class: Residential
- County Use Code: 0040
Amenities
- Plus Four: 6051
- Cooling: Yes
- Garage: Detached Garage
- Parking: 2
HOA
- H O A One Type: Planned Unit Development
Ownership Info
62 S Melrose Ave has no associated ownership info
62 S Melrose Ave has no associated ownership info.
Taxes
62 S Melrose Ave has 10 associated Taxes items
62 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 $77,262. The APN we've located for 62 S Melrose Ave is 06-15-453-012.
Unlock the full reportTaxes
Tax History
62 S Melrose Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $77,262 | Land Value $15,540 | Improvement Value $61,722 | Tax Amount $5,894.38 | Change Rate | Assessed CR | Tax Rate +0.076291% |
| Year 2024 | Assessed Value $71,163 | Land Value $14,313 | Improvement Value $56,850 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $64,291 | Land Value $12,931 | Improvement Value $51,360 | Tax Amount $5,480.5 | Change Rate +0.078159% | Assessed CR | Tax Rate +0.085245% |
| Year 2022 | Assessed Value $58,622 | Land Value $11,791 | Improvement Value $46,831 | Tax Amount $5,083.2 | Change Rate +0.039547% | Assessed CR | Tax Rate +0.086711% |
| Year 2021 | Assessed Value $54,808 | Land Value $11,024 | Improvement Value $43,784 | Tax Amount $4,889.82 | Change Rate +0.024681% | Assessed CR | Tax Rate +0.089217% |
| Year 2020 | Assessed Value $52,323 | Land Value $10,524 | Improvement Value $41,799 | Tax Amount $4,772.04 | Change Rate +0.025143% | Assessed CR | Tax Rate +0.091203% |
| Year 2019 | Assessed Value $49,841 | Land Value $10,025 | Improvement Value $39,816 | Tax Amount $4,655 | Change Rate +0.070366% | Assessed CR | Tax Rate +0.093397% |
| Year 2018 | Assessed Value $44,355 | Land Value $9,444 | Improvement Value $34,911 | Tax Amount $4,348.98 | Change Rate -0.989916% | Assessed CR | Tax Rate +0.098049% |
| Year 2017 | Assessed Value $41,931 | Land Value $8,928 | Improvement Value $33,003 | Tax Amount $431,275.62 | Change Rate +102.95215% | Assessed CR | Tax Rate +10.285365% |
| Year 2016 | Assessed Value $38,901 | Land Value $8,283 | Improvement Value $30,618 | Tax Amount $4,148.79 | Change Rate | Assessed CR | Tax Rate +0.10665% |
| Year 2015 | Assessed Value $35,656 | Land Value $7,592 | Improvement Value $28,064 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $35,216 | Land Value $7,498 | Improvement Value $27,718 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $36,145 | Land Value $7,696 | Improvement Value $28,449 | Tax Amount | Change Rate | Assessed CR | Tax Rate |