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74 S Melrose Ave; Elgin, IL Property Details

74 S Melrose Ave, Elgin, IL is a Single Family that was built in 1940. This property is currently Financed and is not for sale. Our records show that 74 S Melrose Ave has 4 bedrooms, and 1 bathroom, and a total of 1,407 square feet. The lot size of 74 S Melrose Ave is 6,600 square feet.

Off market
74 S Melrose Ave Elgin, IL 60123
$75,000 Listing Price
4 Beds
1 Baths
1,407 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1940
  • Purchase Price: $75,000
  • Open Loans / Balance: 1 / $152,915
  • Est. Equity / %: $141,085 / 47.99%
  • Gross Yield: 9.253%
  • APN: 06-15-453-014
  • Situs County: Kane
  • Length Of Ownership: 12 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 8

Structure

  • Building Style: Frame
  • Stories: 5
  • Water Source: Municipal

Measurements

  • Total: 1,407/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,353/SqFt
  • Living: 1,407/SqFt
  • Basement: 946/SqFt
  • Building: 2,353/SqFt
  • Price Per Square Foot: $53.30

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 6 BLOCK 26
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: 42.032375 / -88.308495
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6051
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

74 S Melrose Ave has no associated ownership info
74 S Melrose Ave has no associated ownership info.

Taxes

74 S Melrose Ave has 10 associated Taxes items

74 S Melrose 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 $81,978. The APN we've located for 74 S Melrose Ave is 06-15-453-014.

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Taxes
  • Assessed Value:  $81,978
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-15-453-014
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  5643.84
  • Tax Year:  2025
  • Market Value:  246032
  • Market Year:  2025

Tax History

74 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $81,978 Land Value $15,540 Improvement Value $66,438 Tax Amount $5,643.84 Change Rate Assessed CR Tax Rate +0.068846%
Year 2024 Assessed Value $75,507 Land Value $14,313 Improvement Value $61,194 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $68,215 Land Value $12,931 Improvement Value $55,284 Tax Amount $5,133.04 Change Rate +0.053325% Assessed CR Tax Rate +0.075248%
Year 2022 Assessed Value $62,200 Land Value $11,791 Improvement Value $50,409 Tax Amount $4,873.18 Change Rate +0.047334% Assessed CR Tax Rate +0.078347%
Year 2021 Assessed Value $58,153 Land Value $11,024 Improvement Value $47,129 Tax Amount $4,652.94 Change Rate +0.030314% Assessed CR Tax Rate +0.080012%
Year 2020 Assessed Value $55,516 Land Value $10,524 Improvement Value $44,992 Tax Amount $4,516.04 Change Rate +0.031361% Assessed CR Tax Rate +0.081347%
Year 2019 Assessed Value $52,883 Land Value $10,025 Improvement Value $42,858 Tax Amount $4,378.72 Change Rate +0.093215% Assessed CR Tax Rate +0.0828%
Year 2018 Assessed Value $47,022 Land Value $9,444 Improvement Value $37,578 Tax Amount $4,005.36 Change Rate -0.989873% Assessed CR Tax Rate +0.085181%
Year 2017 Assessed Value $44,453 Land Value $8,928 Improvement Value $35,525 Tax Amount $395,503.12 Change Rate +88.92079% Assessed CR Tax Rate +8.897108%
Year 2016 Assessed Value $41,241 Land Value $8,283 Improvement Value $32,958 Tax Amount $4,398.35 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $37,801 Land Value $7,592 Improvement Value $30,209 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $37,334 Land Value $7,498 Improvement Value $29,836 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $38,319 Land Value $7,696 Improvement Value $30,623 Tax Amount Change Rate Assessed CR Tax Rate