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723 Cedar Ave; Elgin, IL Property Details

723 Cedar Ave, Elgin, IL is a Residential General that was built in 1913. This property is currently Financed and is not for sale. Our records show that 723 Cedar Ave has 2 bedrooms, and 1 bathroom, and a total of 967 square feet. The lot size of 723 Cedar Ave is 7,458 square feet.

Off market
723 Cedar Ave Elgin, IL 60120
$73,100 Estimated Value
2 Beds
1 Baths
967 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1913
  • Purchase Price: $155,500
  • Open Loans / Balance: 2 / $414,021
  • Est. Equity / %: $-140,021 / -51.1%
  • Gross Yield: 9.083%
  • APN: 06-12-329-006
  • Situs County: Kane
  • Length Of Ownership: 23 years, 5 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 967/SqFt
  • Lot: 7,458/SqFt
  • Gross: 1,934/SqFt
  • Living: 967/SqFt
  • Basement: 967/SqFt
  • Building: 1,934/SqFt
  • Ground: 967/SqFt
  • Price Per Square Foot: $160.81

Legal Description

  • Description: LINCOLN ADDN LOT 8 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: 42.050716 / -88.27385
  • Subdivision: Lincoln Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3812
  • Garage: Detached Garage
  • Parking: 2

Ownership Info

723 Cedar Ave has no associated ownership info
723 Cedar Ave has no associated ownership info.

Taxes

723 Cedar Ave has 10 associated Taxes items

723 Cedar 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 $73,100. The APN we've located for 723 Cedar Ave is 06-12-329-006.

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Taxes
  • Assessed Value:  $73,100
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-329-006
  • Assessed Land Value:  17519
  • Market Land Value:  52578
  • Tax Amount:  5576.86
  • Tax Year:  2025
  • Market Value:  219388
  • Market Year:  2025

Tax History

723 Cedar Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $73,100 Land Value $17,519 Improvement Value $55,581 Tax Amount $5,576.86 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $67,330 Land Value $16,136 Improvement Value $51,194 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $60,828 Land Value $14,578 Improvement Value $46,250 Tax Amount $5,185.3 Change Rate +0.07815% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $55,465 Land Value $13,293 Improvement Value $42,172 Tax Amount $4,809.44 Change Rate +0.039555% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $51,856 Land Value $12,428 Improvement Value $39,428 Tax Amount $4,626.44 Change Rate +0.024696% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $49,504 Land Value $11,864 Improvement Value $37,640 Tax Amount $4,514.94 Change Rate +0.025163% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $47,155 Land Value $11,301 Improvement Value $35,854 Tax Amount $4,404.12 Change Rate +0.075737% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $41,755 Land Value $10,646 Improvement Value $31,109 Tax Amount $4,094.05 Change Rate -0.989916% Assessed CR Tax Rate +0.098049%
Year 2017 Assessed Value $39,473 Land Value $10,064 Improvement Value $29,409 Tax Amount $405,994.22 Change Rate +102.95102% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $36,621 Land Value $9,337 Improvement Value $27,284 Tax Amount $3,905.63 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $33,566 Land Value $8,558 Improvement Value $25,008 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $33,151 Land Value $8,452 Improvement Value $24,699 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $34,025 Land Value $8,675 Improvement Value $25,350 Tax Amount Change Rate Assessed CR Tax Rate