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705 Grace St; Elgin, IL Property Details

705 Grace St, Elgin, IL is a Residential General that was built in 1956. This property is currently Cash Purchase,Foreclosure and is not for sale. Our records show that 705 Grace St has 3 bedrooms, and 1 bathroom, and a total of 1,072 square feet. The lot size of 705 Grace St is 4,356 square feet.

Off market
705 Grace St Elgin, IL 60120
$60,306 Estimated Value
3 Beds
1 Baths
1,072 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1956
  • Open Loans / Balance: 1 / $57,022
  • Est. Equity / %: $213,978 / 78.96%
  • Gross Yield: 7.382%
  • APN: 06-24-404-001
  • Situs County: Kane
  • Length Of Ownership: 16 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,072/SqFt
  • Lot: 4,356/SqFt
  • Gross: 2,056/SqFt
  • Living: 1,072/SqFt
  • Basement: 984/SqFt
  • Building: 2,056/SqFt
  • Ground: 1,072/SqFt

Legal Description

  • Description: FAIRVIEW ADD LOT 11 EX ELY 66 FT BLK 1
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: 42.021683 / -88.27029
  • Subdivision: Fairview Add
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 8313

Ownership Info

705 Grace St has no associated ownership info
705 Grace St has no associated ownership info.

Taxes

705 Grace St has 10 associated Taxes items

705 Grace 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 $60,306. The APN we've located for 705 Grace St is 06-24-404-001.

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Taxes
  • Assessed Value:  $60,306
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-404-001
  • Assessed Land Value:  10732
  • Market Land Value:  32209
  • Tax Amount:  4600.8
  • Tax Year:  2025
  • Market Value:  180990
  • Market Year:  2025

Tax History

705 Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $60,306 Land Value $10,732 Improvement Value $49,574 Tax Amount $4,600.8 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $55,546 Land Value $9,885 Improvement Value $45,661 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $50,181 Land Value $8,930 Improvement Value $41,251 Tax Amount $4,277.7 Change Rate +0.078142% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $45,757 Land Value $8,143 Improvement Value $37,614 Tax Amount $3,967.66 Change Rate +0.039574% Assessed CR Tax Rate +0.086712%
Year 2021 Assessed Value $42,779 Land Value $7,613 Improvement Value $35,166 Tax Amount $3,816.62 Change Rate +0.066441% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $39,240 Land Value $7,268 Improvement Value $31,972 Tax Amount $3,578.84 Change Rate +0.221197% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $37,378 Land Value $6,923 Improvement Value $30,455 Tax Amount $2,930.6 Change Rate +0.172714% Assessed CR Tax Rate +0.078404%
Year 2018 Assessed Value $31,659 Land Value $6,522 Improvement Value $25,137 Tax Amount $2,498.99 Change Rate -0.989846% Assessed CR Tax Rate +0.078935%
Year 2017 Assessed Value $29,929 Land Value $6,166 Improvement Value $23,763 Tax Amount $246,118.5 Change Rate +82.11333% Assessed CR Tax Rate +8.223412%
Year 2016 Assessed Value $27,766 Land Value $5,720 Improvement Value $22,046 Tax Amount $2,961.24 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $25,450 Land Value $5,243 Improvement Value $20,207 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $25,136 Land Value $5,178 Improvement Value $19,958 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,414 Land Value $5,315 Improvement Value $24,099 Tax Amount Change Rate Assessed CR Tax Rate