488 N Commonwealth Ave, Elgin, IL 60123 Property Records

Kane County property record for 488 N Commonwealth Ave, Elgin, IL 60123

Property Summary

Property Type	Single Family Home
Details	2 bd · 1 ba · 1,282 sqft · built 1933
Lot Size	0.156 acres (6,780 sqft)
Owner	Individual Name on File
Last Sale	$188,000 (Jun 2018)
Tax Bill	$6,113 (2025)
Deeds & Mortgages	Jun 2021 Mortgage Jun 2018 Foreclosure
Flood Zone	Zone X (minimal risk)
APN	`06-11-355-009`

Property Details

APN / Parcel Number

Primary APN	`06-11-355-009`

Interior

Bedrooms	2 Beds
Full Baths	1 Bath
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,282 sqft Living Area
Gross Area	2,564 sqft
1st Floor Area	1,282 sqft
Basement Area	1,282 sqft

Exterior

Year Built	Built 1933
Effective Year Built	Effective 1933
Exterior Material	Brick
Lot Area	6,780 sqft (0.156 acres)
Lot Dimensions	113 ft deep x 60 ft wide
Garage Type	Detached
Parking Spaces	1 Parking Space

Location & Zoning

Street Address	488 N COMMONWEALTH AVE
City	ELGIN
State	IL
Zip	60123-3467
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	GREENACRES LOT 5 BLOCK 3
Legal Subdivision	GREENACRES
Legal Block	3
Legal Lot Number	5
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	3
Census Block	3002
Census Tract	851102

Owner

Source: Kane County assessment roll, as of August 25, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on File
Mailing Address	488 N COMMONWEALTH AVE, ELGIN, IL 60123-3467
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 29, 2021	Deed of Trust, Mortgage · Conventional Mortgage EMERALD MORTGAGE CORP
Jun 6, 2018	Trustee's Deed, Foreclosure · Conventional Mortgage AMERICAN FIDELITY MORTGAGE BANKERS

Assessor's Deed Record

Deed Names	Verified Name on Deed
Last Sale	Jun 6, 2018 · Amount on Record
Deed Sale	Jun 6, 2018 · Amount on Record
Deed Document Number	201826314
Prior Transfer Date	Oct 20, 2004
Prior Transfer Doc	0000141327
Record Updated	Sep 20, 2026

June 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	488 N COMMONWEALTH AVE, ELGIN, IL 60123-3467
Transaction Type	Mortgage
Record Updated	Apr 2, 2026

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000050070
Date	Jun 29, 2021
Instrument	2021K050070

Lender

Name	EMERALD MORTGAGE CORP
Type	Mortgage Company
Address	CARY, IL 60013

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Jul 1, 2051

Interest

Rate	3.37%

June 2018: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	KANE IL
Recording Date	Jun 6, 2018
Property Address	488 N COMMONWEALTH AVE, ELGIN, IL 60123-3467
Document Number	0000026314
Instrument Date	Apr 19, 2018
Instrument	2018K026314
Transaction Type	Foreclosure
Record Updated	Jul 27, 2021
Title Company	CHICAGO TITLE INS CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on File
Loan-to-Value (LTV)	LTV on Record
Tax	$188.00
Amount Accuracy	Rounded by County

Transferred From (Grantor/Seller)

Name	Verified Name
Address	123 BALMORAL, 123, WILLIAMSBURG, VA 23188-8901

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1077 ATLANTIC AVE, HOFFMAN ESTATES, IL 60169-4742

Mortgage

Document Number	0000026315
Date	Jun 6, 2018
Instrument	2018K026315

Lender

Name	AMERICAN FIDELITY MORTGAGE BANKERS
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Jun 1, 2048

Interest

Rate Type	Fixed Rate
Rate	4.75%

Tax Assessment & Valuation

Source: Kane County assessment roll, as of August 25, 2025

Property Jurisdictions

Type	Name
State	Illinois
County	Kane County
County Subdivision	Elgin Township
Municipality	Elgin City
Unified School District	School District U-46 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$6,113.00 (+15.84%) Homeowner's exemption
2024		$81,172 (+21.39%) Land $20,014 Building $61,158	$243,613 (+21.44%) Land $60,066 Building $183,547
2022	$5,277.00 (+4.66%) Homeowner's exemption	$66,867 (+6.96%) Land $16,487 Building $50,380	$200,601 (+6.96%) Land $49,461 Building $151,140
2021	$5,042.00 Homeowner's exemption	$62,516 Land $15,414 Building $47,102	$187,548 Land $46,242 Building $141,306

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 8, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Claims	1 (1982)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Feb 1982 · rainfall accumulation

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ELGIN serves 114,797 people · EPA ID IL0894380
Water Source	Surface water
Last State Inspection	Aug 2025
Lead	19 ppb (2026) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	8 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 382 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Radiate Holdings Cable	1,500 / 50
Verizon Fixed Wireless	300 / 20
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: T-Mobile USA.

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