506 Preston Ave, Elgin, IL 60120 Property Records

Kane County property record for 506 Preston Ave, Elgin, IL 60120

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 1,505 sqft · built 1936
Lot Size	0.138 acres (6,006 sqft)
Owner	2 Individual Names on Record
Last Sale	$270,000 (Feb 2022)
Tax Bill	$5,965 (2025)
Deeds & Mortgages	Feb 2022 Sale & Mortgage Oct 2019 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`06-12-478-023`

Property Details

APN / Parcel Number

Primary APN	`06-12-478-023`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Total Rooms	7 Rooms
Stories	5 Stories
Building Area	1,505 sqft Living Area
Gross Area	2,555 sqft
Basement Area	1,050 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1936
Effective Year Built	Effective 1936
Construction Type	Frame
Lot Area	6,006 sqft (0.138 acres)
Garage Type	Detached
Parking Spaces	1 Parking Space

Utilities, Heating & Cooling

Cooling System	HVAC
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	506 PRESTON AVE
City	ELGIN
State	IL
Zip	60120-3941
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	JOHN GOLLS SUB LOT 4
Legal Subdivision	JOHN GOLLS SUB
Legal Block	4
Legal Lot Number	4
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	4
Census Block	4010
Census Tract	850800

Owner

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

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

Owner of Record	2 Individual Names on Record
Mailing Address	506 PRESTON AVE, ELGIN, IL 60120-3941
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Feb 17, 2022	Warranty Deed, Transfer · Conventional Mortgage WINTRUST MORTGAGE
Oct 15, 2019	Deed of Trust, Mortgage · Commercial Mortgage TCF NATIONAL BANK
Sep 24, 2019	Deed of Trust, Mortgage · Conventional Mortgage NEIGHBORHOOD LOANS

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Feb 17, 2022 · Amount on Record
Deed Sale	Feb 17, 2022 · Amount on Record
Prior Sale	Jun 3, 2010 · Amount on Record
Deed Document Number	20229674
Record Updated	Oct 29, 2026

February 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	KANE IL
Recording Date	Feb 17, 2022
Property Address	506 PRESTON AVE, ELGIN, IL 60120-3941
Document Number	0000009674
Map Reference	DOC316840MB886PG316
Instrument Date	Jan 12, 2022
Instrument	2022K009674
Transaction Type	Transfer
Record Updated	Feb 25, 2022
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE INSURANCE CO

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$270.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	506 PRESTON AVE, 506, ELGIN, IL 60120-3941

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	506 PIESTON AVE, ELGIN, IL 60120-3941

Mortgage

Document Number	0000009675
Date	Feb 17, 2022
Instrument	2022K009675

Lender

Name	WINTRUST MORTGAGE
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Mar 1, 2052

Interest

Rate Type	Fixed Rate
Rate	3.25%

October 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	506 PRESTON AVE, ELGIN, IL 60120-3941
Transaction Type	Mortgage
Record Updated	Feb 7, 2021
Title Company	CARRINGTON TTL PARTNERS LLC

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000048525
Date	Oct 15, 2019
Instrument	2019K048525

Lender

Name	TCF NATIONAL BANK
Type	Bank
Address	SIOUX FALLS, SD 57106

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	359 Months
Due	Sep 23, 2049

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

September 2019: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	506 PRESTON AVE, ELGIN, IL 60120-3941
Document Number	0000048524
Instrument Date	Sep 24, 2019
Transaction Type	Mortgage
Record Updated	Oct 24, 2019
Title Company	CARRINGTON TITLE PARTNERS LLC, CARRINGTON TITLE PTRS LLC

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	506 PRESTON AVE ELGIN IL 601203941, ELGIN, IL 60120-3941

Mortgage

Document Number	0000048524
Date	Oct 15, 2019
Instrument	48524

Lender

Name	NEIGHBORHOOD LOANS
Type	Funding / Finance Company
Address	LOMBARD, IL 60148

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Oct 14, 2049

Interest

Rate Type	Fixed Rate
Rate	3.87%

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	$5,965.00 (+15.83%) Homeowner's exemption	$86,199 (+8.57%) Land $15,949 Building $70,250	$258,700 (+8.57%) Land $47,866 Building $210,834
2024		$79,395 (+21.39%) Land $14,690 Building $64,705	$238,280 (+21.44%) Land $44,088 Building $194,193
2022	$5,150.00 (+4.67%) Homeowner's exemption	$65,403 (+6.96%) Land $12,101 Building $53,302	$196,209 (+6.96%) Land $36,303 Building $159,906
2021	$4,920.00 Homeowner's exemption	$61,148 Land $11,314 Building $49,834	$183,444 Land $33,942 Building $149,502

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

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Astound Broadband Cable	1,500 / 50
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30

May also be available: AT&T, T-Mobile.

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