Taxes
- Assessed Value: $76,699
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-15-407-008
- Assessed Land Value: 15540
- Market Land Value: 46639
- Tax Amount: 5241.1
- Tax Year: 2025
- Market Value: 230189
- Market Year: 2025
7 N Melrose Ave; Elgin, IL Property Details
Off market
7 N Melrose Ave Elgin, IL 60123
$234,000 Listing Price
2 Beds
1.5 Baths
939 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1930
- Purchase Price: $234,000
- Open Loans / Balance: 1 / $207,446
- Est. Equity / %: $116,554 / 35.97%
- Gross Yield: 6.948%
- APN: 06-15-407-008
- Situs County: Kane
- Length Of Ownership: 4 years, 7 months
Rooms
- Bedrooms: 2
- Bathrooms: 1.5
- Full Bathrooms: 1
- Total Rooms: 5
- Partial Bathrooms: 1
Structure
- Stories: 1
- Exterior Wall Type: Brick
Measurements
- Total: 939/SqFt
- Lot: 6,600/SqFt
- Gross: 1,878/SqFt
- Living: 939/SqFt
- Basement: 939/SqFt
- Building: 1,878/SqFt
- Ground: 939/SqFt
- Price Per Square Foot: $249.20
Legal Description
- Description: WASHINGTON HEIGHTS ADDN LOT 11 BLOCK 7
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: 42.034794 / -88.307785
- Subdivision: Ashington Heights Addn
- Property Class: Residential
- County Use Code: 0040
Amenities
- Plus Four: 6045
- Cooling: Yes
- Fireplaces: 1
- Garage: Detached Garage
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
7 N Melrose Ave has no associated ownership info
7 N Melrose Ave has no associated ownership info.
Taxes
7 N Melrose Ave has 10 associated Taxes items
7 N Melrose 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 $76,699. The APN we've located for 7 N Melrose Ave is 06-15-407-008.
Unlock the full reportTax History
7 N Melrose Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $76,699 | Land Value $15,540 | Improvement Value $61,159 | Tax Amount $5,241.1 | Change Rate | Assessed CR | Tax Rate +0.068333% |
| Year 2024 | Assessed Value $70,644 | Land Value $14,313 | Improvement Value $56,331 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $63,822 | Land Value $12,931 | Improvement Value $50,891 | Tax Amount $4,676.22 | Change Rate +0.050954% | Assessed CR | Tax Rate +0.07327% |
| Year 2022 | Assessed Value $58,195 | Land Value $11,791 | Improvement Value $46,404 | Tax Amount $4,449.5 | Change Rate +0.0481% | Assessed CR | Tax Rate +0.076458% |
| Year 2021 | Assessed Value $54,408 | Land Value $11,024 | Improvement Value $43,384 | Tax Amount $4,245.3 | Change Rate +0.030863% | Assessed CR | Tax Rate +0.078027% |
| Year 2020 | Assessed Value $51,941 | Land Value $10,524 | Improvement Value $41,417 | Tax Amount $4,118.2 | Change Rate +0.031985% | Assessed CR | Tax Rate +0.079286% |
| Year 2019 | Assessed Value $48,727 | Land Value $10,025 | Improvement Value $38,702 | Tax Amount $3,990.56 | Change Rate +0.089115% | Assessed CR | Tax Rate +0.081896% |
| Year 2018 | Assessed Value $43,541 | Land Value $9,444 | Improvement Value $34,097 | Tax Amount $3,664.04 | Change Rate -0.989869% | Assessed CR | Tax Rate +0.084151% |
| Year 2017 | Assessed Value $41,162 | Land Value $8,928 | Improvement Value $32,234 | Tax Amount $361,654 | Change Rate +87.80087% | Assessed CR | Tax Rate +8.786113% |
| Year 2016 | Assessed Value $38,187 | Land Value $8,283 | Improvement Value $29,904 | Tax Amount $4,072.64 | Change Rate | Assessed CR | Tax Rate +0.10665% |
| Year 2015 | Assessed Value $35,002 | Land Value $7,592 | Improvement Value $27,410 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $34,570 | Land Value $7,498 | Improvement Value $27,072 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $35,482 | Land Value $7,696 | Improvement Value $27,786 | Tax Amount | Change Rate | Assessed CR | Tax Rate |