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637 Prospect St; Elgin, IL Property Details

637 Prospect St, Elgin, IL is a Single Family that was built in 1884. This property is currently Financed and is not for sale. Our records show that 637 Prospect St has 4 bedrooms, and 2 bathrooms, and a total of 2,332 square feet. The lot size of 637 Prospect St is 12,281 square feet.

Off market
637 Prospect St Elgin, IL 60120
$385,000 Listing Price
4 Beds
2 Baths
2,332 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1884
  • Purchase Price: $385,000
  • Open Loans / Balance: 1 / $329,459
  • Est. Equity / %: $89,541 / 21.37%
  • Gross Yield: 8.523%
  • APN: 06-12-306-002
  • Situs County: Kane
  • Length Of Ownership: 4 years, 2 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 8

Structure

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

Measurements

  • Total: 2,332/SqFt
  • Lot: 12,281/SqFt
  • Gross: 3,498/SqFt
  • Living: 2,332/SqFt
  • Basement: 1,166/SqFt
  • Building: 3,498/SqFt
  • Price Per Square Foot: $165.09

Legal Description

  • Description: LOVELLS SUB THAT PART OF LOVELLS ADDN LYING SOUTH OF LINCOLN AVE WEST 3/4 LOT 14 SOUTH 30 FT WEST 1/2 LOT 7 & SOUTH 33 FT LOT 8 BLOCK 3
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: 42.049343 / -88.27933
  • Subdivision: Lovells Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3730
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

637 Prospect St has no associated ownership info
637 Prospect St has no associated ownership info.

Taxes

637 Prospect St has 10 associated Taxes items

637 Prospect 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 $105,608. The APN we've located for 637 Prospect St is 06-12-306-002.

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Taxes
  • Assessed Value:  $105,608
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-306-002
  • Assessed Land Value:  23543
  • Market Land Value:  70657
  • Tax Amount:  7446.58
  • Tax Year:  2025
  • Market Value:  316951
  • Market Year:  2025

Tax History

637 Prospect St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $105,608 Land Value $23,543 Improvement Value $82,065 Tax Amount $7,446.58 Change Rate Assessed CR Tax Rate +0.070512%
Year 2024 Assessed Value $97,272 Land Value $21,685 Improvement Value $75,587 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $87,878 Land Value $19,591 Improvement Value $68,287 Tax Amount $6,809.22 Change Rate +0.059323% Assessed CR Tax Rate +0.077485%
Year 2022 Assessed Value $80,130 Land Value $17,864 Improvement Value $62,266 Tax Amount $6,427.9 Change Rate +0.045445% Assessed CR Tax Rate +0.080218%
Year 2021 Assessed Value $74,916 Land Value $16,702 Improvement Value $58,214 Tax Amount $6,148.48 Change Rate +0.07224% Assessed CR Tax Rate +0.082072%
Year 2020 Assessed Value $68,873 Land Value $15,945 Improvement Value $52,928 Tax Amount $5,734.24 Change Rate +0.030038% Assessed CR Tax Rate +0.083258%
Year 2019 Assessed Value $65,606 Land Value $15,189 Improvement Value $50,417 Tax Amount $5,567.02 Change Rate +0.187337% Assessed CR Tax Rate +0.084855%
Year 2018 Assessed Value $53,991 Land Value $14,309 Improvement Value $39,682 Tax Amount $4,688.66 Change Rate -0.989879% Assessed CR Tax Rate +0.086842%
Year 2017 Assessed Value $51,041 Land Value $13,527 Improvement Value $37,514 Tax Amount $463,263.12 Change Rate +90.733635% Assessed CR Tax Rate +9.076294%
Year 2016 Assessed Value $47,352 Land Value $12,549 Improvement Value $34,803 Tax Amount $5,050.09 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $43,402 Land Value $11,502 Improvement Value $31,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $42,866 Land Value $11,360 Improvement Value $31,506 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $49,703 Land Value $11,660 Improvement Value $38,043 Tax Amount Change Rate Assessed CR Tax Rate