- Assessed Value: $58,694
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-15-408-010
- Assessed Land Value: 15540
- Market Land Value: 46639
- Tax Amount: 4477.82
- Tax Year: 2025
- Market Value: 176152
- Market Year: 2025
8 S Melrose Ave; Elgin, IL Property Details
Off market
8 S Melrose Ave Elgin, IL 60123
$130,000 Listing Price
2 Beds
1 Baths
828 SqFt
Property Type
Residential GeneralProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1923
- Purchase Price: $130,000
- Open Loans / Balance: 1 / $526,308
- Est. Equity / %: $-343,308 / -187.6%
- Gross Yield: 13.882%
- APN: 06-15-408-010
- Situs County: Kane
- Length Of Ownership: 4 years, 2 months
Rooms
- Bedrooms: 2
- Bathrooms: 1
- Full Bathrooms: 1
- Total Rooms: 5
Structure
- Building Style: Frame
- Stories: 1
Measurements
- Total: 828/SqFt
- Lot: 6,336/SqFt
- Gross: 1,656/SqFt
- Living: 828/SqFt
- Basement: 828/SqFt
- Building: 1,656/SqFt
- Ground: 828/SqFt
- Price Per Square Foot: $157.00
Legal Description
- Description: WASHINGTON HEIGHTS ADDN SOUTH 48 FT LOT 2 BLOCK 11
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: 42.034195 / -88.30851
- Subdivision: Ashington Heights Addn
- Property Class: Residential
- County Use Code: 0040
Amenities
- Plus Four: 6011
- Garage: Detached Garage
- Parking: 1
HOA
- H O A One Type: Planned Unit Development
Ownership Info
8 S Melrose Ave has no associated ownership info
8 S Melrose Ave has no associated ownership info.
Taxes
8 S Melrose Ave has 10 associated Taxes items
8 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 $58,694. The APN we've located for 8 S Melrose Ave is 06-15-408-010.
Unlock the full reportTaxes
Tax History
8 S Melrose Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $58,694 | Land Value $15,540 | Improvement Value $43,154 | Tax Amount $4,477.82 | Change Rate | Assessed CR | Tax Rate +0.076291% |
| Year 2024 | Assessed Value $54,061 | Land Value $14,313 | Improvement Value $39,748 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $48,840 | Land Value $12,931 | Improvement Value $35,909 | Tax Amount $4,163.38 | Change Rate +0.431807% | Assessed CR | Tax Rate +0.085245% |
| Year 2022 | Assessed Value $44,534 | Land Value $11,791 | Improvement Value $32,743 | Tax Amount $2,907.78 | Change Rate +0.06385% | Assessed CR | Tax Rate +0.065293% |
| Year 2021 | Assessed Value $41,636 | Land Value $11,024 | Improvement Value $30,612 | Tax Amount $2,733.26 | Change Rate +0.042465% | Assessed CR | Tax Rate +0.065647% |
| Year 2020 | Assessed Value $39,748 | Land Value $10,524 | Improvement Value $29,224 | Tax Amount $2,621.92 | Change Rate +0.045039% | Assessed CR | Tax Rate +0.065964% |
| Year 2019 | Assessed Value $37,863 | Land Value $10,025 | Improvement Value $27,838 | Tax Amount $2,508.92 | Change Rate +0.128426% | Assessed CR | Tax Rate +0.066263% |
| Year 2018 | Assessed Value $33,991 | Land Value $9,444 | Improvement Value $24,547 | Tax Amount $2,223.38 | Change Rate -0.989771% | Assessed CR | Tax Rate +0.065411% |
| Year 2017 | Assessed Value $32,134 | Land Value $8,928 | Improvement Value $23,206 | Tax Amount $217,370.91 | Change Rate +67.367455% | Assessed CR | Tax Rate +6.764515% |
| Year 2016 | Assessed Value $29,812 | Land Value $8,283 | Improvement Value $21,529 | Tax Amount $3,179.45 | Change Rate | Assessed CR | Tax Rate +0.10665% |
| Year 2015 | Assessed Value $27,325 | Land Value $7,592 | Improvement Value $19,733 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $26,987 | Land Value $7,498 | Improvement Value $19,489 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $27,699 | Land Value $7,696 | Improvement Value $20,003 | Tax Amount | Change Rate | Assessed CR | Tax Rate |