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640 Algona Ave; Elgin, IL Property Details

640 Algona Ave, Elgin, IL is a Single Family that was built in 1930. This property is currently Financed,Foreclosure and is not for sale. Our records show that 640 Algona Ave has 3 bedrooms, and 1.5 bathrooms, and a total of 1,764 square feet. The lot size of 640 Algona Ave is 8,085 square feet.

Off market
640 Algona Ave Elgin, IL 60120
$280,000 Listing Price
3 Beds
1.5 Baths
1,764 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1930
  • Purchase Price: $108,000
  • Open Loans / Balance: 1 / $52,850
  • Est. Equity / %: $249,150 / 82.5%
  • Gross Yield: 8.96%
  • APN: 06-12-428-020
  • Situs County: Kane
  • Length Of Ownership: 30 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,764/SqFt
  • Lot: 8,085/SqFt
  • Gross: 2,696/SqFt
  • Living: 1,764/SqFt
  • Basement: 932/SqFt
  • Building: 2,696/SqFt
  • Price Per Square Foot: $61.22

Legal Description

  • Description: FAIR GROUND ADDN SOUTH 122.5 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: 42.049564 / -88.26603
  • Subdivision: Fair Ground Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3904
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

640 Algona Ave has no associated ownership info
640 Algona Ave has no associated ownership info.

Taxes

640 Algona Ave has 10 associated Taxes items

640 Algona 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 $93,653. The APN we've located for 640 Algona Ave is 06-12-428-020.

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Taxes
  • Assessed Value:  $93,653
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-428-020
  • Assessed Land Value:  20385
  • Market Land Value:  61179
  • Tax Amount:  6534.54
  • Tax Year:  2025
  • Market Value:  281071
  • Market Year:  2025

Tax History

640 Algona Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $93,653 Land Value $20,385 Improvement Value $73,268 Tax Amount $6,534.54 Change Rate Assessed CR Tax Rate +0.069774%
Year 2024 Assessed Value $86,261 Land Value $18,776 Improvement Value $67,485 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $77,931 Land Value $16,963 Improvement Value $60,968 Tax Amount $5,961.28 Change Rate +0.05671% Assessed CR Tax Rate +0.076494%
Year 2022 Assessed Value $71,059 Land Value $15,467 Improvement Value $55,592 Tax Amount $5,641.36 Change Rate +0.046262% Assessed CR Tax Rate +0.07939%
Year 2021 Assessed Value $66,436 Land Value $14,461 Improvement Value $51,975 Tax Amount $5,391.92 Change Rate +0.073728% Assessed CR Tax Rate +0.08116%
Year 2020 Assessed Value $61,060 Land Value $13,805 Improvement Value $47,255 Tax Amount $5,021.68 Change Rate +0.030752% Assessed CR Tax Rate +0.082242%
Year 2019 Assessed Value $58,163 Land Value $13,150 Improvement Value $45,013 Tax Amount $4,871.86 Change Rate +0.103309% Assessed CR Tax Rate +0.083762%
Year 2018 Assessed Value $51,207 Land Value $12,388 Improvement Value $38,819 Tax Amount $4,415.68 Change Rate -0.989877% Assessed CR Tax Rate +0.086232%
Year 2017 Assessed Value $48,409 Land Value $11,711 Improvement Value $36,698 Tax Amount $436,192.03 Change Rate +90.06762% Assessed CR Tax Rate +9.010557%
Year 2016 Assessed Value $44,911 Land Value $10,865 Improvement Value $34,046 Tax Amount $4,789.76 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $41,165 Land Value $9,959 Improvement Value $31,206 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $40,657 Land Value $9,836 Improvement Value $30,821 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $47,311 Land Value $10,095 Improvement Value $37,216 Tax Amount Change Rate Assessed CR Tax Rate