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971 Preston Ave; Elgin, IL Property Details

971 Preston Ave, Elgin, IL is a Single Family that was built in 1955. This property is currently Financed and is not for sale. Our records show that 971 Preston Ave has 3 bedrooms, and 2 bathrooms, and a total of 936 square feet. The lot size of 971 Preston Ave is 5,882 square feet.

Off market
971 Preston Ave Elgin, IL 60120
$70,032 Estimated Value
3 Beds
2 Baths
936 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1955
  • Purchase Price: $115,000
  • Open Loans / Balance: 2 / $36,409
  • Est. Equity / %: $232,591 / 86.47%
  • Gross Yield: 8.164%
  • APN: 06-12-277-002
  • Situs County: Kane
  • Length Of Ownership: 26 years, 8 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 936/SqFt
  • Lot: 5,882/SqFt
  • Gross: 1,872/SqFt
  • Living: 936/SqFt
  • Basement: 936/SqFt
  • Building: 1,872/SqFt
  • Ground: 936/SqFt
  • Price Per Square Foot: $122.86

Legal Description

  • Description: LUDLOWS ADDN PART OF LOTS 9 & 10 EXCEPT SOUTH 1/3 & EXCEPT PART DESC IN DOC 913317 BOOK 2010/281 BLOCK 14
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: 42.05472 / -88.26525
  • Subdivision: Ludlows Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3065
  • Cooling: Yes
  • Garage: Detached Garage
  • Parking: 1

HOA

  • H O A One: $683
  • H O A Amount: $683
  • H O A One Frequency: Monthly
  • H O A One Name: Shoe Factory Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

971 Preston Ave has no associated ownership info
971 Preston Ave has no associated ownership info.

Taxes

971 Preston Ave has 10 associated Taxes items

971 Preston 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 $70,032. The APN we've located for 971 Preston Ave is 06-12-277-002.

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Taxes
  • Assessed Value:  $70,032
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-12-277-002
  • Assessed Land Value:  14925
  • Market Land Value:  44793
  • Tax Amount:  4732.46
  • Tax Year:  2025
  • Market Value:  210180
  • Market Year:  2025

Tax History

971 Preston Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $70,032 Land Value $14,925 Improvement Value $55,107 Tax Amount $4,732.46 Change Rate Assessed CR Tax Rate +0.067576%
Year 2024 Assessed Value $64,504 Land Value $13,747 Improvement Value $50,757 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $58,274 Land Value $12,419 Improvement Value $45,855 Tax Amount $4,285.62 Change Rate +0.048542% Assessed CR Tax Rate +0.073543%
Year 2022 Assessed Value $53,136 Land Value $11,324 Improvement Value $41,812 Tax Amount $4,087.22 Change Rate +0.04886% Assessed CR Tax Rate +0.07692%
Year 2021 Assessed Value $49,678 Land Value $10,587 Improvement Value $39,091 Tax Amount $3,896.82 Change Rate +0.031418% Assessed CR Tax Rate +0.078442%
Year 2020 Assessed Value $47,425 Land Value $10,107 Improvement Value $37,318 Tax Amount $3,778.12 Change Rate +0.032578% Assessed CR Tax Rate +0.079665%
Year 2019 Assessed Value $45,176 Land Value $9,628 Improvement Value $35,548 Tax Amount $3,658.92 Change Rate +0.112147% Assessed CR Tax Rate +0.080993%
Year 2018 Assessed Value $39,726 Land Value $9,070 Improvement Value $30,656 Tax Amount $3,289.96 Change Rate -0.989863% Assessed CR Tax Rate +0.082816%
Year 2017 Assessed Value $37,555 Land Value $8,574 Improvement Value $28,981 Tax Amount $324,554.69 Change Rate +86.344734% Assessed CR Tax Rate +8.642117%
Year 2016 Assessed Value $34,841 Land Value $7,954 Improvement Value $26,887 Tax Amount $3,715.79 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $31,935 Land Value $7,291 Improvement Value $24,644 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $31,541 Land Value $7,201 Improvement Value $24,340 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,782 Land Value $7,391 Improvement Value $29,391 Tax Amount Change Rate Assessed CR Tax Rate