Beautiful Victorian home. Currently a two flat. Just minutes to downtown Elgin with views of the park. Stunning curb appeal with a front porch. Large foyer with a beautiful wood staircase. High ceilings, arched door ways, & hardwood floors. Oversized 2 car garage. Freshly sealed driveway. Nice backyard. Both units are being rented out. The first floor unit has a long-time tenant. The property has been well maintained. Roof 2004, water heaters 2014, Furnaces 2013, 2017, washing machine 2022, gutters, fascia 2022. Apartment 2, 2022: fridge, kitchen & bath faucets, granite countertops, stove & overhead hood.
Charming 2 unit with great curb appeal. Bright with spacious rooms Live in one unit and rent the other. Great tenant in 1st floor unit. Nice backyard and side yard 2nd floor unit has walkout deck / patio area. Great location, near downtown and shopping. Improvements include metal roof, replaced original sewer, upgraded windows, newer concrete siding, new inner waste line, separated tenant water lines internally, newer furnaces, newer water heaters, newer electrical boxes with breakers. The units have been insulated with spray foam insulation and the garage has vinyl siding. Currently, just the 1st floor is rented.
Year
Property tax
Land + Additions
Assessment*
2025
$7,476 (+3.5%)
$18,976 + $79,013
$97,989
2024
$7,223 (+3.9%)
$18,976 + $79,013
$97,989
2023
$6,951 (+16.3%)
$17,478 + $72,776
$90,254
2022
$5,974 (+4.0%)
$15,790 + $65,748
$81,538
2021
$5,747 (+2.5%)
$14,398 + $54,501
$68,899
2020
$5,609 (+2.5%)
$13,461 + $50,955
$64,416
2019
$5,471 (+0.3%)
$12,241 + $46,336
$58,577
2018
$5,456 (+1.7%)
$12,241 + $46,336
$58,577
2017
$5,366 (+4.0%)
$11,532 + $43,651
$55,183
2016
$5,162 (+0.3%)
$10,902 + $41,266
$52,168
2015
$5,144 (+12.3%)
$10,114 + $38,284
$48,398
2013
$4,580 (−19.0%)
$9,398 + $35,572
$44,970
2012
$5,658 (−6.1%)
$9,398 + $35,572
$44,970
2011
$6,024 (−4.6%)
$10,151 + $45,204
$55,355
2010
$6,313 (+3.6%)
$12,577 + $59,569
$72,146
2009
$6,093 (+6.0%)
$12,577 + $59,569
$72,146
2008
$5,749 (+1.1%)
$13,483 + $63,860
$77,343
2007
$5,689
$13,050 + $61,808
$74,858
Tax history for 515 Prospect St
Year
Property tax
Land + Additions
Assessment*
2025
$7,476 (+3.5%)
$18,976 + $79,013
$97,989
2024
$7,223 (+3.9%)
$18,976 + $79,013
$97,989
2023
$6,951 (+16.3%)
$17,478 + $72,776
$90,254
2022
$5,974 (+4.0%)
$15,790 + $65,748
$81,538
2021
$5,747 (+2.5%)
$14,398 + $54,501
$68,899
2020
$5,609 (+2.5%)
$13,461 + $50,955
$64,416
2019
$5,471 (+0.3%)
$12,241 + $46,336
$58,577
2018
$5,456 (+1.7%)
$12,241 + $46,336
$58,577
2017
$5,366 (+4.0%)
$11,532 + $43,651
$55,183
2016
$5,162 (+0.3%)
$10,902 + $41,266
$52,168
2015
$5,144 (+12.3%)
$10,114 + $38,284
$48,398
2013
$4,580 (−19.0%)
$9,398 + $35,572
$44,970
2012
$5,658 (−6.1%)
$9,398 + $35,572
$44,970
2011
$6,024 (−4.6%)
$10,151 + $45,204
$55,355
2010
$6,313 (+3.6%)
$12,577 + $59,569
$72,146
2009
$6,093 (+6.0%)
$12,577 + $59,569
$72,146
2008
$5,749 (+1.1%)
$13,483 + $63,860
$77,343
2007
$5,689
$13,050 + $61,808
$74,858
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
8,732 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Single Family Residential
County
Kane County
APN
0612356002
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 8, 2026.
Property details
Parking
Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Interior
Bathroom Information
# of Baths (Full): 2
Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4
Additional Rooms Information
Basement: Full
Basement Description: Unfinished
Interior Features
# of Rooms: 8
Exterior
Exterior Features
Exterior Features: Porch
Building Information
# Of Units in Building: 2
Exterior Building Type: Fiber Cement
Age: 100+ Years
Built Before 1978 (Y/N): Yes
Roof: Metal
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 0612356002
Lot Information
Dimensions: 132X65X132X65
Lot Size: Less Than .25 Acre
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $6,950.72
Tax Year: 2023
Financial Information
Finance Code: Conventional
Special Service Area: N
Gross Income: $32,400
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas
Location
Community Information
Community Features: Curbs, Sidewalks, Street Lights, Street Paved
Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 1,400
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: 985
Rent: $1,250
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Wednesday, October 1, 2031
Unit Type 2 Information
Floor Number: 2
Sq. Ft.: 1,200
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator
Security Deposit: $1,450
Rent: $1,450
Tenant Pays: Electric,Gas,Heat
Lease Expiration Date: Tuesday, October 1, 2024
School Information
Elementary School District: 46
Elementary School: Mckinley Elementary School
Middle Or Junior School District: 46
Middle Or Junior School: Larsen Middle School
High School District: 46
High School: Elgin High School
Location Information
Township: Elgin
Corporate Limits: Elgin
Directions: I-90 2 RT 25 South to Slade W to Prospect
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 8,732 square feet
Style: Single Family Residential
Year Built: —
Year Renovated: —
County: Kane County
APN: 0612356002
Home facts updated by county records on Sep 8, 2026
Other
Expense Information
Water Sewer Expense: $1,800
Insurance Expense: $1,336
Listing Information
Holds Earnest Money: Yes
Possession: Closing, Tenant's Rights
Some Photos Virtually Staged?: No
Around this home
Schools
Mckinley Elementary School
Public K-6 • Assigned • 0.2mi
3/10
Larsen Middle School
Public 7-8 • Assigned • 0.4mi
3/10
Elgin High School
Public 9-12 • Assigned • 2.2mi
2/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 102° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Elgin, IL • 60120
Average low and high temperatures (°F)
28
13
37
20
54
33
62
42
70
47
81
61
85
66
81
62
78
56
67
47
49
36
35
21
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.2 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.2 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$371,000 – $449,000
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