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692 Summit St; Elgin, IL Property Details

692 Summit St, Elgin, IL is a Single Family that was built in 1950. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 692 Summit St has 2 bedrooms, and 2 bathrooms, and a total of 936 square feet. The lot size of 692 Summit St is 8,149 square feet.

Off market
692 Summit St Elgin, IL 60120
$76,876 Estimated Value
2 Beds
2 Baths
936 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1950
  • Purchase Price: $51,000
  • Open Loans / Balance: 1 / $112,820
  • Est. Equity / %: $161,180 / 58.82%
  • Gross Yield: 8.562%
  • APN: 06-12-479-019
  • Situs County: Kane
  • Length Of Ownership: 15 years, 3 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 936/SqFt
  • Lot: 8,149/SqFt
  • Gross: 1,872/SqFt
  • Living: 936/SqFt
  • Basement: 936/SqFt
  • Building: 1,872/SqFt
  • Ground: 936/SqFt
  • Price Per Square Foot: $54.49

Legal Description

  • Description: COUNTY CLERKS SUB OF LANDS OF LOT J OF LOT 253 SEC 12-41-8
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: 42.04662 / -88.2637
  • Subdivision: County Clerks Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4289
  • 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

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

Taxes

692 Summit St has 10 associated Taxes items

692 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 $76,876. The APN we've located for 692 Summit St is 06-12-479-019.

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Taxes
  • Assessed Value:  $76,876
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-479-019
  • Assessed Land Value:  18496
  • Market Land Value:  55510
  • Tax Amount:  5254.6
  • Tax Year:  2025
  • Market Value:  230720
  • Market Year:  2025

Tax History

692 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $76,876 Land Value $18,496 Improvement Value $58,380 Tax Amount $5,254.6 Change Rate Assessed CR Tax Rate +0.068352%
Year 2024 Assessed Value $70,808 Land Value $17,036 Improvement Value $53,772 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $63,970 Land Value $15,391 Improvement Value $48,579 Tax Amount $4,771.18 Change Rate +0.051477% Assessed CR Tax Rate +0.074585%
Year 2022 Assessed Value $58,330 Land Value $14,034 Improvement Value $44,296 Tax Amount $4,537.6 Change Rate +0.047906% Assessed CR Tax Rate +0.077792%
Year 2021 Assessed Value $54,535 Land Value $13,121 Improvement Value $41,414 Tax Amount $4,330.16 Change Rate -0.053827% Assessed CR Tax Rate +0.079401%
Year 2020 Assessed Value $50,179 Land Value $12,526 Improvement Value $37,653 Tax Amount $4,576.5 Change Rate +0.025137% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $47,799 Land Value $11,932 Improvement Value $35,867 Tax Amount $4,464.28 Change Rate +0.062236% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $42,863 Land Value $11,241 Improvement Value $31,622 Tax Amount $4,202.72 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $40,521 Land Value $10,627 Improvement Value $29,894 Tax Amount $416,773.28 Change Rate +102.95189% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $37,593 Land Value $9,859 Improvement Value $27,734 Tax Amount $4,009.29 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $34,458 Land Value $9,037 Improvement Value $25,421 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $34,032 Land Value $8,925 Improvement Value $25,107 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $39,477 Land Value $9,160 Improvement Value $30,317 Tax Amount Change Rate Assessed CR Tax Rate