507 Prospect St, Elgin, IL 60120 Property Records

Kane County property record for 507 Prospect St, Elgin, IL 60120

Property Summary

Property Type	Single Family Home
Details	5 bd · 3 ba · 1,878 sqft · built 1900
Lot Size	0.2 acres (8,712 sqft)
Owner	Individual Name on Record
Tax Bill	$6,736 (2025)
Deeds & Mortgages	Jun 2021 Mortgage Feb 2018 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`06-12-356-003`

Property Details

APN / Parcel Number

Primary APN	`06-12-356-003`

Interior

Bedrooms	5 Beds
Full Baths	3 Baths
Total Rooms	9 Rooms
Stories	2 Stories
Building Area	1,878 sqft Living Area
Gross Area	2,856 sqft
Basement Area	978 sqft

Exterior

Year Built	Built 1900
Effective Year Built	Effective 1900
Exterior Material	Aluminum/Vinyl
Construction Type	Frame
Lot Area	8,712 sqft (0.2 acres)
Garage Type	Detached
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	None
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	507 PROSPECT ST
City	ELGIN
State	IL
Zip	60120-3728
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	JOHN WAITS SUB BLOCK 27 P J KIMBALL JRS 3RD ADDN LOT 6 BLOCK 27
Legal Subdivision	JOHN WAITS SUB
Legal Block	27
Legal Lot Number	6
Jurisdiction	KANE IL
Township / Civil Division	ELGIN
Census Block Group	2
Census Block	2014
Census Tract	851302

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	Individual Name on Record
Mailing Address	507 PROSPECT ST, ELGIN, IL 60120-3728
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Jun 25, 2021	Deed of Trust, Mortgage · Conventional Mortgage PNC BANK NA
Feb 15, 2018	Deed of Trust, Mortgage · FHA Mortgage INLANTA MORTGAGE INC
Jan 31, 2017	Special Warranty Deed, Transfer · FHA Mortgage INLANTA MORTGAGE INC

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jan 21, 2016
Deed Sale	Jan 21, 2016
Prior Sale	Dec 30, 2008 · Amount on Record
Deed Document Number	20163229
Prior Transfer Date	Dec 30, 2015
Prior Transfer Doc	0000003229
Record Updated	Oct 29, 2026

June 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	507 PROSPECT ST, ELGIN, IL 60120-3728
Transaction Type	Mortgage
Record Updated	Jul 12, 2021
Title Company	NATIONALLINK

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000048727
Date	Jun 25, 2021
Instrument	2021K048727

Lender

Name	PNC BANK NA
Type	Bank
Address	MIAMISBURG, OH 45342

Agreement

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

Interest

Rate	3.25%

February 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	507 PROSPECT ST, ELGIN, IL 60120-3728
Transaction Type	Mortgage
Record Updated	Feb 5, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000007565
Date	Feb 15, 2018
Instrument	2018K007565

Lender

Name	INLANTA MORTGAGE INC
Type	Mortgage Company
Address	PEWAUKEE, WI 53072

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Mar 1, 2048

Interest

Rate	4.12%

January 2017: Special Warranty Deed, Transfer

Document Type	Special Warranty Deed
Jurisdiction	KANE IL
Recording Date	Jan 31, 2017
Property Address	507 PROSPECT ST, ELGIN, IL 60120-3728
Document Number	0000005971
Instrument Date	Jan 19, 2017
Instrument	2017K005971
Transaction Type	Transfer
Record Updated	Jul 27, 2021
Title Company	FIDELITY NATIONAL TITLE

Transaction

Tax	$0.00
Amount Accuracy	No Consideration Stated
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	00000

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	507 PROSPECT ST, ELGIN, IL 60120-3728

Mortgage

Document Number	0000005972
Date	Jan 31, 2017
Instrument	2017K005972

Lender

Name	INLANTA MORTGAGE INC
Type	Mortgage Company

Agreement

Type	FHA Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Feb 1, 2047

Interest

Rate	4.5%

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	$6,736.00 (+15.84%) Homeowner's exemption	$96,301 (+8.57%) Land $18,976 Building $77,325	$289,019 (+8.57%) Land $56,951 Building $232,068
2024		$88,699 (+21.39%) Land $17,478 Building $71,221	$266,203 (+21.44%) Land $52,455 Building $213,748
2022	$5,815.00 (+4.61%) Homeowner's exemption	$73,068 (+6.96%) Land $14,398 Building $58,670	$219,204 (+6.96%) Land $43,194 Building $176,010
2021	$5,559.00 Homeowner's exemption	$68,313 Land $13,461 Building $54,852	$204,939 Land $40,383 Building $164,556

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

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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