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626 Summit St; Elgin, IL Property Details

626 Summit St, Elgin, IL is a Residential General that was built in 1951. This property is currently Financed and is not for sale. Our records show that 626 Summit St has 2 bedrooms, and 1 bathroom, and a total of 765 square feet. The lot size of 626 Summit St is 8,316 square feet.

Off market
626 Summit St Elgin, IL 60120
$70,962 Estimated Value
2 Beds
1 Baths
765 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1951
  • Purchase Price: $90,000
  • Open Loans / Balance: 2 / $68,386
  • Est. Equity / %: $206,614 / 75.13%
  • Gross Yield: 11.887%
  • APN: 06-12-478-016
  • Situs County: Kane
  • Length Of Ownership: 31 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 765/SqFt
  • Lot: 8,316/SqFt
  • Gross: 1,530/SqFt
  • Living: 765/SqFt
  • Basement: 765/SqFt
  • Building: 1,530/SqFt
  • Ground: 765/SqFt
  • Price Per Square Foot: $117.65

Legal Description

  • Description: COUNTY CLERKS SUB PART OF LOT 253 DESC IN BOOK 1096/114
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: 42.046593 / -88.26655
  • Subdivision: County Clerks Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4221
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One: $2
  • H O A Amount: $2
  • H O A One Type: Planned Unit Development

Ownership Info

626 Summit St has no associated ownership info
626 Summit St has no associated ownership info.

Taxes

626 Summit St has 10 associated Taxes items

626 Summit 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 $70,962. The APN we've located for 626 Summit St is 06-12-478-016.

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Taxes
  • Assessed Value:  $70,962
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-478-016
  • Assessed Land Value:  19973
  • Market Land Value:  59943
  • Tax Amount:  5413.74
  • Tax Year:  2025
  • Market Value:  212971
  • Market Year:  2025

Tax History

626 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $70,962 Land Value $19,973 Improvement Value $50,989 Tax Amount $5,413.74 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $65,360 Land Value $18,396 Improvement Value $46,964 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $59,047 Land Value $16,619 Improvement Value $42,428 Tax Amount $5,033.48 Change Rate +0.078152% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $53,841 Land Value $15,154 Improvement Value $38,687 Tax Amount $4,668.62 Change Rate +0.039546% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $50,338 Land Value $14,168 Improvement Value $36,170 Tax Amount $4,491.02 Change Rate +0.060969% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $46,412 Land Value $13,526 Improvement Value $32,886 Tax Amount $4,232.94 Change Rate +0.025153% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $44,210 Land Value $12,884 Improvement Value $31,326 Tax Amount $4,129.08 Change Rate +0.105528% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $38,092 Land Value $12,138 Improvement Value $25,954 Tax Amount $3,734.94 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $36,011 Land Value $11,475 Improvement Value $24,536 Tax Amount $370,386.28 Change Rate +102.95145% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $33,409 Land Value $10,646 Improvement Value $22,763 Tax Amount $3,563.07 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $30,622 Land Value $9,758 Improvement Value $20,864 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $30,244 Land Value $9,638 Improvement Value $20,606 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,774 Land Value $9,892 Improvement Value $24,882 Tax Amount Change Rate Assessed CR Tax Rate