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701 Ludlow Ave; Elgin, IL Property Details

701 Ludlow Ave, Elgin, IL is a Single Family that was built in 1960. This property is currently Financed,Bank Sale and is not for sale. Our records show that 701 Ludlow Ave has 5 bedrooms, and 3 bathrooms, and a total of 1,833 square feet. The lot size of 701 Ludlow Ave is 11,880 square feet.

Off market
701 Ludlow Ave Elgin, IL 60120
$33,000 Estimated Value
5 Beds
3 Baths
1,833 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1960
  • Purchase Price: $281,000
  • Open Loans / Balance: 1 / $154,599
  • Est. Equity / %: $222,401 / 58.99%
  • Gross Yield: 9.17%
  • APN: 06-07-101-043-0000
  • Situs County: Cook
  • Length Of Ownership: 19 years, 3 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 1.5
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,833/SqFt
  • Lot: 11,880/SqFt
  • Gross: 1,833/SqFt
  • Living: 1,833/SqFt
  • Building: 1,833/SqFt
  • Price Per Square Foot: $153.30

Legal Description

  • Description: GLEN A (HAMS) SUB IN PT OF ELGIN NW SEC 07-41-09
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: 42.05751 / -88.26278
  • Subdivision: Hams Sub
  • Property Class: Residential
  • County Use Code: 2-04

Amenities

  • Plus Four: 2516
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Hot Water
  • Parking: 2

Ownership Info

701 Ludlow Ave has no associated ownership info
701 Ludlow Ave has no associated ownership info.

Taxes

701 Ludlow Ave has 10 associated Taxes items

701 Ludlow Ave, Elgin, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $33,000. The APN we've located for 701 Ludlow Ave is 06-07-101-043-0000.

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Taxes
  • Assessed Value:  $33,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  06-07-101-043-0000
  • Assessed Land Value:  8316
  • Market Land Value:  83160
  • Tax Amount:  6530
  • Tax Year:  2023
  • Market Value:  330000
  • Market Year:  2025

Tax History

701 Ludlow Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $33,000 Land Value $8,316 Improvement Value $24,684 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $26,000 Land Value $7,722 Improvement Value $18,278 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,530 Change Rate +0.033815% Assessed CR Tax Rate
Year 2022 Assessed Value $26,000 Land Value $7,722 Improvement Value $18,278 Tax Amount $6,316.41 Change Rate +0.029635% Assessed CR Tax Rate +0.242939%
Year 2021 Assessed Value $21,133 Land Value $6,237 Improvement Value $14,896 Tax Amount $6,134.61 Change Rate -0.006394% Assessed CR Tax Rate +0.290286%
Year 2020 Assessed Value $21,133 Land Value $6,237 Improvement Value $14,896 Tax Amount $6,174.09 Change Rate -0.008502% Assessed CR Tax Rate +0.292154%
Year 2019 Assessed Value $23,746 Land Value $6,237 Improvement Value $17,509 Tax Amount $6,227.03 Change Rate +0.117842% Assessed CR Tax Rate +0.262235%
Year 2018 Assessed Value $19,831 Land Value $5,346 Improvement Value $14,485 Tax Amount $5,570.58 Change Rate -0.000513% Assessed CR Tax Rate +0.280903%
Year 2017 Assessed Value $19,831 Land Value $5,346 Improvement Value $14,485 Tax Amount $5,573.44 Change Rate +0.009003% Assessed CR Tax Rate +0.281047%
Year 2016 Assessed Value $19,831 Land Value $5,346 Improvement Value $14,485 Tax Amount $5,523.71 Change Rate +0.111433% Assessed CR Tax Rate +0.278539%
Year 2015 Assessed Value $16,769 Land Value $4,752 Improvement Value $12,017 Tax Amount $4,969.9 Change Rate +0.028494% Assessed CR Tax Rate +0.296374%
Year 2014 Assessed Value $16,769 Land Value $4,752 Improvement Value $12,017 Tax Amount $4,832.21 Change Rate +0.03839% Assessed CR Tax Rate +0.288163%
Year 2013 Assessed Value $16,769 Land Value $4,752 Improvement Value $12,017 Tax Amount $4,653.56 Change Rate Assessed CR Tax Rate +0.27751%