500 Prospect St, #2, Elgin, IL 60120 Property Records

Kane County property record for 500 Prospect St, #2, Elgin, IL 60120

Property Summary

Property Type	Single Family Home
Details	3 ba · 2,320 sqft · built 1890
Lot Size	0.2 acres (8,712 sqft)
Owner	2 Individual Names on Record
Last Sale	$164,000 (Dec 1998)
Tax Bill	$6,920 (2025)
Deeds & Mortgages	Mar 2026 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`06-12-355-012`

Property Details

APN / Parcel Number

Primary APN	`06-12-355-012`

Interior

Full Baths	3 Baths
Total Rooms	10 Rooms
Stories	2 Stories
Building Area	2,320 sqft Living Area
Gross Area	3,480 sqft
Basement Area	1,160 sqft

Exterior

Year Built	Built 1890
Effective Year Built	Effective 1890
Construction Type	Frame
Lot Area	8,712 sqft (0.2 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Location & Zoning

Street Address	500 PROSPECT ST, 2
City	ELGIN
State	IL
Zip	60120-3729
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	WM H WILCOXS SUB BLOCK 30 P J KIMBALL JRS 3RD ADDN LOT 9
Legal Subdivision	WM H WILCOXS SUB
Legal Block	30
Legal Lot Number	9
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	2
Census Block	2013
Census Tract	851302

Owner

Source: Kane County records, as of July 23, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of Record	2 Individual Names on Record
Mailing Address	500 PROSPECT ST, ELGIN, IL 60120-3729
Owner Type	Individual

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Dec 30, 1998 · Amount on Record
Deed Sale	Dec 30, 1998 · Amount on Record
Prior Sale	Aug 4, 1998 · Amount on Record
Deed Document Number	1998121338
Prior Transfer Date	Jul 30, 1998
Prior Transfer Doc	0000121338
Record Updated	Oct 29, 2026

March 2026: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	500 PROSPECT ST # 02, 02, ELGIN, IL 60120-3729
Transaction Type	Mortgage
Record Updated	Mar 19, 2026
Title Company	FIRST AMERICAN TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	500 PROSPECT ST 502, 502, ELGIN, IL 60120-3729

Mortgage

Document Number	0000009851
Date	Mar 11, 2026
Instrument	2026K009851

Lender

Name	MIDFIRST BANK
Type	Bank
Address	OKLAHOMA CITY, OK 73118

Agreement

Type	Partial Claim Mortgage
Amount	Amount Recorded
Term	479 Months
Due	Feb 1, 2066

Tax Assessment & Valuation

Source: Kane County assessment roll, as of July 23, 2026

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	$6,920.00 (+24.93%)	$90,714 (+42%) Land $18,976 Building $71,738	$272,251 (+42.06%) Land $56,951 Building $215,300
2022	$5,539.00 (+3.96%)	$63,881 (+6.96%) Land $14,398 Building $49,483	$191,643 (+6.96%) Land $43,194 Building $148,449
2021	$5,328.00	$59,724 Land $13,461 Building $46,263	$179,172 Land $40,383 Building $138,789

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

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; 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

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

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 504 locations within half a mile, as of December 31, 2025

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

May also be available: Fox Valley Internet, T-Mobile, Verizon.

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