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640 Chester Ave; Elgin, IL Property Details

640 Chester Ave, Elgin, IL is a Single Family that was built in 1974. This property is currently Financed and is not for sale. Our records show that 640 Chester Ave has 3 bedrooms, and 1 bathroom, and a total of 956 square feet. The lot size of 640 Chester Ave is 5,102 square feet.

Off market
640 Chester Ave Elgin, IL 60120
$73,051 Estimated Value
3 Beds
1 Baths
956 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1974
  • Purchase Price: $120,000
  • Open Loans / Balance: 1 / $48,753
  • Est. Equity / %: $188,247 / 79.43%
  • Gross Yield: 11.61%
  • APN: 06-12-280-021
  • Situs County: Kane
  • Length Of Ownership: 23 years, 6 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 956/SqFt
  • Lot: 5,102/SqFt
  • Gross: 1,912/SqFt
  • Living: 956/SqFt
  • Basement: 956/SqFt
  • Building: 1,912/SqFt
  • Ground: 956/SqFt
  • Price Per Square Foot: $125.52

Legal Description

  • Description: LUDLOWS ADDN LOT 2 BLOCK 17
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: 42.05243 / -88.2659
  • Subdivision: Ludlows Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3034
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One: $683
  • H O A Amount: $683
  • H O A One Frequency: Monthly
  • H O A One Name: Shoe Factory Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

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

Taxes

640 Chester Ave has 10 associated Taxes items

640 Chester 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 $73,051. The APN we've located for 640 Chester Ave is 06-12-280-021.

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Taxes
  • Assessed Value:  $73,051
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-280-021
  • Assessed Land Value:  14253
  • Market Land Value:  42776
  • Tax Amount:  4962.8
  • Tax Year:  2025
  • Market Value:  219241
  • Market Year:  2025

Tax History

640 Chester Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,051 Land Value $14,253 Improvement Value $58,798 Tax Amount $4,962.8 Change Rate Assessed CR Tax Rate +0.067936%
Year 2024 Assessed Value $67,285 Land Value $13,128 Improvement Value $54,157 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $60,787 Land Value $11,860 Improvement Value $48,927 Tax Amount $4,499.84 Change Rate +0.049922% Assessed CR Tax Rate +0.074026%
Year 2022 Assessed Value $55,427 Land Value $10,814 Improvement Value $44,613 Tax Amount $4,285.88 Change Rate +0.048426% Assessed CR Tax Rate +0.077325%
Year 2021 Assessed Value $51,820 Land Value $10,110 Improvement Value $41,710 Tax Amount $4,087.92 Change Rate +0.031074% Assessed CR Tax Rate +0.078887%
Year 2020 Assessed Value $49,471 Land Value $9,652 Improvement Value $39,819 Tax Amount $3,964.72 Change Rate +0.032248% Assessed CR Tax Rate +0.080142%
Year 2019 Assessed Value $47,124 Land Value $9,194 Improvement Value $37,930 Tax Amount $3,840.86 Change Rate +0.128165% Assessed CR Tax Rate +0.081505%
Year 2018 Assessed Value $40,894 Land Value $8,661 Improvement Value $32,233 Tax Amount $3,404.52 Change Rate -0.989865% Assessed CR Tax Rate +0.083252%
Year 2017 Assessed Value $38,660 Land Value $8,188 Improvement Value $30,472 Tax Amount $335,920.03 Change Rate +86.8197% Assessed CR Tax Rate +8.689085%
Year 2016 Assessed Value $35,866 Land Value $7,596 Improvement Value $28,270 Tax Amount $3,825.11 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $32,874 Land Value $6,962 Improvement Value $25,912 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $32,468 Land Value $6,876 Improvement Value $25,592 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $37,959 Land Value $7,057 Improvement Value $30,902 Tax Amount Change Rate Assessed CR Tax Rate