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8 S Melrose Ave; Elgin, IL Property Details

8 S Melrose Ave, Elgin, IL is a Residential General that was built in 1923. This property is currently a cash purchase and is not for sale. Our records show that 8 S Melrose Ave has 2 bedrooms, and 1 bathroom, and a total of 828 square feet. The lot size of 8 S Melrose Ave is 6,336 square feet.

Off market
8 S Melrose Ave Elgin, IL 60123
$130,000 Listing Price
2 Beds
1 Baths
828 SqFt
Property 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.

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Taxes
  • 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

Tax History

8 S Melrose Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax 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