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640 May St; Elgin, IL Property Details

640 May St, Elgin, IL is a Residential General that was built in 1934. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 640 May St has 4 bedrooms, and 2 bathrooms, and a total of 1,578 square feet. The lot size of 640 May St is 7,271 square feet.

Off market
640 May St Elgin, IL 60120
$92,317 Estimated Value
4 Beds
2 Baths
1,578 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1934
  • Purchase Price: $69,500
  • Open Loans / Balance: 1 / $89,371
  • Est. Equity / %: $171,629 / 65.76%
  • Gross Yield: 10.299%
  • APN: 06-24-277-017
  • Situs County: Kane
  • Length Of Ownership: 16 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 5
  • Exterior Wall Type: Wood Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,578/SqFt
  • Lot: 7,271/SqFt
  • Gross: 2,630/SqFt
  • Living: 1,578/SqFt
  • Basement: 1,052/SqFt
  • Building: 2,630/SqFt
  • Price Per Square Foot: $44.04

Legal Description

  • Description: J & L VAN NOSTRANDS ADDN LOT 14 BLOCK 2
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: 42.025024 / -88.26634
  • Subdivision: J&L Van Nostrands Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 7927
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

640 May St has no associated ownership info
640 May St has no associated ownership info.

Taxes

640 May St has 10 associated Taxes items

640 May 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 $92,317. The APN we've located for 640 May St is 06-24-277-017.

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Taxes
  • Assessed Value:  $92,317
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-277-017
  • Assessed Land Value:  16038
  • Market Land Value:  48133
  • Tax Amount:  7042.94
  • Tax Year:  2025
  • Market Value:  277062
  • Market Year:  2025

Tax History

640 May St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $92,317 Land Value $16,038 Improvement Value $76,279 Tax Amount $7,042.94 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $85,030 Land Value $14,772 Improvement Value $70,258 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $76,818 Land Value $13,345 Improvement Value $63,473 Tax Amount $6,548.38 Change Rate +0.078171% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $70,044 Land Value $12,168 Improvement Value $57,876 Tax Amount $6,073.6 Change Rate +0.039559% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $65,486 Land Value $11,376 Improvement Value $54,110 Tax Amount $5,842.48 Change Rate +0.066668% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $60,056 Land Value $10,860 Improvement Value $49,196 Tax Amount $5,477.32 Change Rate +0.025147% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $57,207 Land Value $10,345 Improvement Value $46,862 Tax Amount $5,342.96 Change Rate +0.23491% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $44,127 Land Value $9,746 Improvement Value $34,381 Tax Amount $4,326.6 Change Rate -0.989916% Assessed CR Tax Rate +0.098049%
Year 2017 Assessed Value $41,715 Land Value $9,213 Improvement Value $32,502 Tax Amount $429,054 Change Rate +102.95361% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $38,700 Land Value $8,547 Improvement Value $30,153 Tax Amount $4,127.36 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $35,472 Land Value $7,834 Improvement Value $27,638 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $35,034 Land Value $7,737 Improvement Value $27,297 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $40,902 Land Value $7,941 Improvement Value $32,961 Tax Amount Change Rate Assessed CR Tax Rate