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718 Grace St; Elgin, IL Property Details

718 Grace St, Elgin, IL is a Residential General that was built in 1889. This property is currently a cash purchase and is not for sale. Our records show that 718 Grace St has 4 bedrooms, and 1 bathroom, and a total of 1,130 square feet. The lot size of 718 Grace St is 8,712 square feet.

Off market
718 Grace St Elgin, IL 60120
$50,000 Listing Price
4 Beds
1 Baths
1,130 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1889
  • Purchase Price: $50,000
  • Open Loans / Balance: 1 / $801,204
  • Est. Equity / %: $-560,204 / -232.45%
  • Gross Yield: 9.381%
  • APN: 06-24-403-014
  • Situs County: Kane
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 5

Measurements

  • Total: 1,130/SqFt
  • Lot: 8,712/SqFt
  • Gross: 1,970/SqFt
  • Living: 1,130/SqFt
  • Basement: 840/SqFt
  • Building: 1,970/SqFt
  • Price Per Square Foot: $44.25

Legal Description

  • Description: SOUTH PARK ADDN LOT 14 BLOCK 2
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: 42.021126 / -88.2708
  • Subdivision: South Park Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 8314
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

718 Grace St has 10 associated Taxes items

718 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 $67,533. The APN we've located for 718 Grace St is 06-24-403-014.

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Taxes
  • Assessed Value:  $67,533
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-24-403-014
  • Assessed Land Value:  14288
  • Market Land Value:  42881
  • Tax Amount:  5152.14
  • Tax Year:  2025
  • Market Value:  202680
  • Market Year:  2025

Tax History

718 Grace St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $67,533 Land Value $14,288 Improvement Value $53,245 Tax Amount $5,152.14 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $62,202 Land Value $13,160 Improvement Value $49,042 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $56,195 Land Value $11,889 Improvement Value $44,306 Tax Amount $4,790.36 Change Rate +0.078162% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $51,240 Land Value $10,841 Improvement Value $40,399 Tax Amount $4,443.08 Change Rate +0.03955% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $47,906 Land Value $10,136 Improvement Value $37,770 Tax Amount $4,274.04 Change Rate +0.064672% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $44,016 Land Value $9,676 Improvement Value $34,340 Tax Amount $4,014.42 Change Rate +0.025148% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $41,928 Land Value $9,217 Improvement Value $32,711 Tax Amount $3,915.94 Change Rate +0.122731% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $35,572 Land Value $8,683 Improvement Value $26,889 Tax Amount $3,487.87 Change Rate -0.989916% Assessed CR Tax Rate +0.098051%
Year 2017 Assessed Value $33,629 Land Value $8,209 Improvement Value $25,420 Tax Amount $345,886.53 Change Rate +102.95193% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $31,199 Land Value $7,616 Improvement Value $23,583 Tax Amount $3,327.37 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $28,597 Land Value $6,981 Improvement Value $21,616 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $28,244 Land Value $6,895 Improvement Value $21,349 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $32,856 Land Value $7,077 Improvement Value $25,779 Tax Amount Change Rate Assessed CR Tax Rate