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638 Summit St; Elgin, IL Property Details

638 Summit St, Elgin, IL is a Residential General that was built in 1940. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 638 Summit St has 2 bedrooms, and 1 bathroom, and a total of 1,007 square feet. The lot size of 638 Summit St is 8,613 square feet.

Off market
638 Summit St Elgin, IL 60120
$78,266 Estimated Value
2 Beds
1 Baths
1,007 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • Year Built: 1940
  • Purchase Price: $57,500
  • Open Loans / Balance: 2 / $17,892
  • Est. Equity / %: $273,108 / 93.85%
  • Gross Yield: 12.388%
  • APN: 06-12-478-018
  • Situs County: Kane
  • Length Of Ownership: 17 years, 8 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,007/SqFt
  • Lot: 8,613/SqFt
  • Gross: 1,689/SqFt
  • Living: 1,007/SqFt
  • Basement: 682/SqFt
  • Building: 1,689/SqFt
  • Price Per Square Foot: $57.10

Legal Description

  • Description: COUNTY CLERKS SUB WEST 65 FT SOUTH 132.5 FT LOT 251 NORTH OF HIGHWAY
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: 42.046665 / -88.26605
  • Subdivision: County Clerks Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4221
  • Cooling: None
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 2

HOA

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

Ownership Info

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

Taxes

638 Summit St has 10 associated Taxes items

638 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 $78,266. The APN we've located for 638 Summit St is 06-12-478-018.

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Taxes
  • Assessed Value:  $78,266
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-478-018
  • Assessed Land Value:  20611
  • Market Land Value:  61858
  • Tax Amount:  5970.98
  • Tax Year:  2025
  • Market Value:  234892
  • Market Year:  2025

Tax History

638 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $78,266 Land Value $20,611 Improvement Value $57,655 Tax Amount $5,970.98 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $72,088 Land Value $18,984 Improvement Value $53,104 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $65,126 Land Value $17,151 Improvement Value $47,975 Tax Amount $5,551.68 Change Rate +0.078151% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $59,384 Land Value $15,639 Improvement Value $43,745 Tax Amount $5,149.26 Change Rate +0.039574% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $55,519 Land Value $14,621 Improvement Value $40,898 Tax Amount $4,953.24 Change Rate +0.061938% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $51,142 Land Value $13,958 Improvement Value $37,184 Tax Amount $4,664.34 Change Rate +0.025148% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $48,716 Land Value $13,296 Improvement Value $35,420 Tax Amount $4,549.92 Change Rate +0.117167% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $41,537 Land Value $12,526 Improvement Value $29,011 Tax Amount $4,072.73 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $39,268 Land Value $11,842 Improvement Value $27,426 Tax Amount $403,885.72 Change Rate +102.95333% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $36,430 Land Value $10,986 Improvement Value $25,444 Tax Amount $3,885.26 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $33,392 Land Value $10,070 Improvement Value $23,322 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,980 Land Value $9,946 Improvement Value $23,034 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $38,022 Land Value $10,208 Improvement Value $27,814 Tax Amount Change Rate Assessed CR Tax Rate