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731 Prospect St; Elgin, IL Property Details

731 Prospect St, Elgin, IL is a Single Family that was built in 1900. This property is currently Financed and is not for sale. Our records show that 731 Prospect St has 5 bedrooms, and 2 bathrooms, and a total of 2,177 square feet. The lot size of 731 Prospect St is 10,500 square feet.

Off market
731 Prospect St Elgin, IL 60120
$89,505 Estimated Value
5 Beds
2 Baths
2,177 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1900
  • Purchase Price: $195,500
  • Open Loans / Balance: 1 / $116,724
  • Est. Equity / %: $215,276 / 64.84%
  • Gross Yield: 9.249%
  • APN: 06-12-303-023
  • Situs County: Kane
  • Length Of Ownership: 21 years, 8 months

Rooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,177/SqFt
  • Lot: 10,500/SqFt
  • Gross: 3,276/SqFt
  • Living: 2,177/SqFt
  • Basement: 1,099/SqFt
  • Building: 3,276/SqFt
  • Price Per Square Foot: $89.80

Legal Description

  • Description: VINCENT S LOVELL ADDN BLOCK 4 LOT 15 & THE WEST 1/2 VACATED PUBLIC ALLEY ADJ
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: 42.050945 / -88.27922
  • Subdivision: Vincent S Lovell Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3779
  • Garage: Detached Garage
  • Parking: 1

Ownership Info

731 Prospect St has no associated ownership info
731 Prospect St has no associated ownership info.

Taxes

731 Prospect St has 10 associated Taxes items

731 Prospect 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 $89,505. The APN we've located for 731 Prospect St is 06-12-303-023.

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Taxes
  • Assessed Value:  $89,505
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-303-023
  • Assessed Land Value:  20357
  • Market Land Value:  61095
  • Tax Amount:  6218.08
  • Tax Year:  2025
  • Market Value:  268622
  • Market Year:  2025

Tax History

731 Prospect St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $89,505 Land Value $20,357 Improvement Value $69,148 Tax Amount $6,218.08 Change Rate Assessed CR Tax Rate +0.069472%
Year 2024 Assessed Value $82,440 Land Value $18,750 Improvement Value $63,690 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $74,478 Land Value $16,939 Improvement Value $57,539 Tax Amount $5,666.94 Change Rate +0.143732% Assessed CR Tax Rate +0.076089%
Year 2022 Assessed Value $63,141 Land Value $15,445 Improvement Value $47,696 Tax Amount $4,954.78 Change Rate +0.047221% Assessed CR Tax Rate +0.078472%
Year 2021 Assessed Value $59,032 Land Value $14,440 Improvement Value $44,592 Tax Amount $4,731.36 Change Rate +0.030223% Assessed CR Tax Rate +0.080149%
Year 2020 Assessed Value $56,355 Land Value $13,785 Improvement Value $42,570 Tax Amount $4,592.56 Change Rate +0.031262% Assessed CR Tax Rate +0.081493%
Year 2019 Assessed Value $53,682 Land Value $13,131 Improvement Value $40,551 Tax Amount $4,453.34 Change Rate +0.022947% Assessed CR Tax Rate +0.082958%
Year 2018 Assessed Value $50,572 Land Value $12,370 Improvement Value $38,202 Tax Amount $4,353.44 Change Rate -0.989876% Assessed CR Tax Rate +0.086084%
Year 2017 Assessed Value $47,809 Land Value $11,694 Improvement Value $36,115 Tax Amount $430,020.84 Change Rate +89.90677% Assessed CR Tax Rate +8.994558%
Year 2016 Assessed Value $44,354 Land Value $10,849 Improvement Value $33,505 Tax Amount $4,730.35 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $38,364 Land Value $9,944 Improvement Value $28,420 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $37,890 Land Value $9,821 Improvement Value $28,069 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $38,889 Land Value $10,080 Improvement Value $28,809 Tax Amount Change Rate Assessed CR Tax Rate