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854 Summit St; Elgin, IL Property Details

854 Summit St, Elgin, IL is a Commercial Building that was built in 2010. This property is currently a cash purchase and is not for sale. Our records show that 854 Summit St has a total of 7,840 square feet. The lot size of 854 Summit St is 31,408 square feet.

Off market
854 Summit St Elgin, IL 60120
$273,000 Estimated Value
7,840 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 2010
  • Purchase Price: $3,164,000
  • APN: 06-07-302-079-0000
  • Situs County: Cook
  • Length Of Ownership: 3 years, 7 months

Structure

  • Stories: 1

Measurements

  • Total: 7,840/SqFt
  • Lot: 31,408/SqFt
  • Gross: 7,840/SqFt
  • Living: 7,840/SqFt
  • Building: 7,840/SqFt
  • Price Per Square Foot: $403.57
Building Insights

Land Information

  • Property Type: Commercial Building
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.046722 / -88.25787
  • Subdivision: 860 Summit Street Sub
  • Property Class: Commercial
  • County Use Code: 5-17

Amenities

  • Plus Four: 4316

Ownership Info

854 Summit St has no associated ownership info
854 Summit St has no associated ownership info.

Taxes

854 Summit St has 10 associated Taxes items

854 Summit St, Elgin, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $273,000. The APN we've located for 854 Summit St is 06-07-302-079-0000.

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Taxes
  • Assessed Value:  $273,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  06-07-302-079-0000
  • Assessed Land Value:  54964
  • Market Land Value:  219856
  • Tax Amount:  76789
  • Tax Year:  2023
  • Market Value:  1092000
  • Market Year:  2025

Tax History

854 Summit St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $273,000 Land Value $54,964 Improvement Value $218,036 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $266,771 Land Value $70,668 Improvement Value $196,103 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $76,789 Change Rate +0.028983% Assessed CR Tax Rate
Year 2022 Assessed Value $266,771 Land Value $70,668 Improvement Value $196,103 Tax Amount $74,626.09 Change Rate +0.031262% Assessed CR Tax Rate +0.279738%
Year 2021 Assessed Value $210,000 Land Value $70,668 Improvement Value $139,332 Tax Amount $72,363.87 Change Rate +0.006332% Assessed CR Tax Rate +0.34459%
Year 2020 Assessed Value $210,000 Land Value $70,668 Improvement Value $139,332 Tax Amount $71,908.57 Change Rate -0.107802% Assessed CR Tax Rate +0.342422%
Year 2019 Assessed Value $262,959 Land Value $70,668 Improvement Value $192,291 Tax Amount $80,597.09 Change Rate -0.031766% Assessed CR Tax Rate +0.306501%
Year 2018 Assessed Value $245,000 Land Value $51,038 Improvement Value $193,962 Tax Amount $83,241.32 Change Rate +0.003143% Assessed CR Tax Rate +0.33976%
Year 2017 Assessed Value $245,000 Land Value $51,038 Improvement Value $193,962 Tax Amount $82,980.54 Change Rate +0.06285% Assessed CR Tax Rate +0.338696%
Year 2016 Assessed Value $245,000 Land Value $51,038 Improvement Value $193,962 Tax Amount $78,073.61 Change Rate +0.096679% Assessed CR Tax Rate +0.318668%
Year 2015 Assessed Value $202,630 Land Value $43,186 Improvement Value $159,444 Tax Amount $71,190.93 Change Rate +0.032483% Assessed CR Tax Rate +0.351335%
Year 2014 Assessed Value $202,630 Land Value $43,186 Improvement Value $159,444 Tax Amount $68,951.19 Change Rate +0.033927% Assessed CR Tax Rate +0.340281%
Year 2013 Assessed Value $202,630 Land Value $43,186 Improvement Value $159,444 Tax Amount $66,688.62 Change Rate Assessed CR Tax Rate +0.329115%