Large Location Icon

71 Summit St; Elgin, IL Property Details

71 Summit St, Elgin, IL is a Single Family that was built in 1918. This property is currently Financed and is not for sale. Our records show that 71 Summit St has 3 bedrooms, and 2 bathrooms, and a total of 1,042 square feet. The lot size of 71 Summit St is 5,016 square feet.

Off market
71 Summit St Elgin, IL 60120
$57,947 Estimated Value
3 Beds
2 Baths
1,042 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1918
  • Purchase Price: $60,000
  • Open Loans / Balance: 1 / $35,288
  • Est. Equity / %: $213,712 / 85.83%
  • Gross Yield: 7.518%
  • APN: 06-11-482-005
  • Situs County: Kane
  • Length Of Ownership: 16 years

Rooms

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

Structure

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

Measurements

  • Total: 1,042/SqFt
  • Lot: 5,016/SqFt
  • Gross: 2,026/SqFt
  • Living: 1,042/SqFt
  • Basement: 984/SqFt
  • Building: 2,026/SqFt
  • Ground: 1,042/SqFt
  • Price Per Square Foot: $57.58

Legal Description

  • Description: A J WALDRONS SUB OUTLOT 1 OF P J KIMBALL JRS 3RD ADDN EAST 38 FT WEST 76 FT LOT 3 BLOCK 39
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: 42.046204 / -88.2859
  • Subdivision: A J Waldrons Sub
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3625
  • Cooling: Yes

Ownership Info

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

Taxes

71 Summit St has 10 associated Taxes items

71 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 $57,947. The APN we've located for 71 Summit St is 06-11-482-005.

Unlock the full report
Taxes
  • Assessed Value:  $57,947
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-11-482-005
  • Assessed Land Value:  9475
  • Market Land Value:  28436
  • Tax Amount:  3810.5
  • Tax Year:  2025
  • Market Value:  173911
  • Market Year:  2025

Tax History

71 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $57,947 Land Value $9,475 Improvement Value $48,472 Tax Amount $3,810.5 Change Rate Assessed CR Tax Rate +0.065758%
Year 2024 Assessed Value $53,373 Land Value $8,727 Improvement Value $44,646 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $48,218 Land Value $7,884 Improvement Value $40,334 Tax Amount $3,428.4 Change Rate +0.041377% Assessed CR Tax Rate +0.071102%
Year 2022 Assessed Value $43,967 Land Value $7,189 Improvement Value $36,778 Tax Amount $3,292.18 Change Rate +0.051123% Assessed CR Tax Rate +0.074878%
Year 2021 Assessed Value $41,106 Land Value $6,721 Improvement Value $34,385 Tax Amount $3,132.06 Change Rate +0.033069% Assessed CR Tax Rate +0.076195%
Year 2020 Assessed Value $39,242 Land Value $6,416 Improvement Value $32,826 Tax Amount $3,031.8 Change Rate +0.034433% Assessed CR Tax Rate +0.077259%
Year 2019 Assessed Value $37,381 Land Value $6,112 Improvement Value $31,269 Tax Amount $2,930.88 Change Rate +0.179481% Assessed CR Tax Rate +0.078406%
Year 2018 Assessed Value $31,515 Land Value $5,758 Improvement Value $25,757 Tax Amount $2,484.89 Change Rate -0.989846% Assessed CR Tax Rate +0.078848%
Year 2017 Assessed Value $29,793 Land Value $5,443 Improvement Value $24,350 Tax Amount $244,719.69 Change Rate +82.017456% Assessed CR Tax Rate +8.214%
Year 2016 Assessed Value $27,640 Land Value $5,050 Improvement Value $22,590 Tax Amount $2,947.81 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $25,335 Land Value $4,629 Improvement Value $20,706 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $25,022 Land Value $4,572 Improvement Value $20,450 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $29,386 Land Value $4,693 Improvement Value $24,693 Tax Amount Change Rate Assessed CR Tax Rate