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8 S Commonwealth Ave; Elgin, IL Property Details

8 S Commonwealth Ave, Elgin, IL is a Single Family that was built in 1929. This property is currently Financed and is not for sale. Our records show that 8 S Commonwealth Ave has 2 bedrooms, and 2 bathrooms, and a total of 1,424 square feet. The lot size of 8 S Commonwealth Ave is 6,600 square feet.

Off market
8 S Commonwealth Ave Elgin, IL 60123
$230,000 Listing Price
2 Beds
2 Baths
1,424 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1929
  • Purchase Price: $188,000
  • Open Loans / Balance: 2 / $166,688
  • Est. Equity / %: $149,312 / 47.25%
  • Gross Yield: 8.856%
  • APN: 06-14-305-010
  • Situs County: Kane
  • Length Of Ownership: 8 years, 1 months

Rooms

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

Structure

  • Stories: 2
  • Exterior Wall Type: Brick

Measurements

  • Total: 1,424/SqFt
  • Lot: 6,600/SqFt
  • Gross: 2,172/SqFt
  • Living: 1,424/SqFt
  • Basement: 748/SqFt
  • Building: 2,172/SqFt
  • Price Per Square Foot: $132.02

Legal Description

  • Description: WASHINGTON HEIGHTS ADDN LOT 2 BLOCK 17
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: 42.034283 / -88.30155
  • Subdivision: Ashington Heights Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6117
  • Fireplaces: 1
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

8 S Commonwealth Ave has no associated ownership info
8 S Commonwealth Ave has no associated ownership info.

Taxes

8 S Commonwealth Ave has 10 associated Taxes items

8 S Commonwealth 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 $93,597. The APN we've located for 8 S Commonwealth Ave is 06-14-305-010.

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Taxes
  • Assessed Value:  $93,597
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-14-305-010
  • Assessed Land Value:  15540
  • Market Land Value:  46639
  • Tax Amount:  6530.26
  • Tax Year:  2025
  • Market Value:  280903
  • Market Year:  2025

Tax History

8 S Commonwealth Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $93,597 Land Value $15,540 Improvement Value $78,057 Tax Amount $6,530.26 Change Rate Assessed CR Tax Rate +0.06977%
Year 2024 Assessed Value $86,209 Land Value $14,313 Improvement Value $71,896 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $77,884 Land Value $12,931 Improvement Value $64,953 Tax Amount $5,957.28 Change Rate +0.056682% Assessed CR Tax Rate +0.076489%
Year 2022 Assessed Value $71,017 Land Value $11,791 Improvement Value $59,226 Tax Amount $5,637.72 Change Rate +0.046278% Assessed CR Tax Rate +0.079385%
Year 2021 Assessed Value $66,396 Land Value $11,024 Improvement Value $55,372 Tax Amount $5,388.36 Change Rate +0.029547% Assessed CR Tax Rate +0.081155%
Year 2020 Assessed Value $63,385 Land Value $10,524 Improvement Value $52,861 Tax Amount $5,233.72 Change Rate +0.030515% Assessed CR Tax Rate +0.08257%
Year 2019 Assessed Value $60,378 Land Value $10,025 Improvement Value $50,353 Tax Amount $5,078.74 Change Rate +0.035107% Assessed CR Tax Rate +0.084116%
Year 2018 Assessed Value $56,213 Land Value $9,444 Improvement Value $46,769 Tax Amount $4,906.49 Change Rate -0.989881% Assessed CR Tax Rate +0.087284%
Year 2017 Assessed Value $53,141 Land Value $8,928 Improvement Value $44,213 Tax Amount $484,862.38 Change Rate +91.215096% Assessed CR Tax Rate +9.124073%
Year 2016 Assessed Value $49,301 Land Value $8,283 Improvement Value $41,018 Tax Amount $5,257.95 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $45,189 Land Value $7,592 Improvement Value $37,597 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $44,631 Land Value $7,498 Improvement Value $37,133 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $45,808 Land Value $7,696 Improvement Value $38,112 Tax Amount Change Rate Assessed CR Tax Rate