516 Mill St, Elgin, IL 60123 Property Records

Kane County property record for 516 Mill St, Elgin, IL 60123 · Last verified August 2026

Property Highlights

Property Type	Residential > Single Family > Home
Bedrooms	2 Beds
Bathrooms	1.5 Baths
Year Built	Built 1890
Square Footage	1,364 sqft Living Area
Lot Size	6,932 sqft (0.159 acres)
Garage	Detached
Occupancy	Owner Occupied
Tax Bill	$4,382.00 (2025)

Property Details

APN / Parcel Number

Primary APN	`06-14-176-031`

Interior

Bedrooms	2 Beds
Full Baths	1.5 Baths
Partial Baths	1 Partial Baths
Total Rooms	6 Rooms
Building Area	1,364 sqft Living Area
Gross Area	2,124 sqft Gross Area
Basement Area	760 sqft Basement
Stories	2 Stories

Exterior

Year Built	Built 1890
Effective Year Built	Effective 1890
Construction Type	Frame Construction
Foundation Type	No Foundation Foundation
Lot Area	6,932 sqft (0.159 acres)
Lot Width	60 ft Width
Parking Spaces	1 Parking Spaces
Garage Type	Detached Garage

Location & Zoning

Street Address	516 MILL ST
City	ELGIN
State	IL
Zip	60123-5327
Property Usage	Residential Property Usage
Type	Residential > Single Family > Home
Legal Description	A T BEVERLYS ADDN LOT 4 BLOCK 1
Legal Subdivision	A T BEVERLYS ADDN
Legal Block	1
Legal Lot Number	4
Jurisdiction	KANE IL
Minor Civil Division	ELGIN
Census Blockgroup	1
Census Block	1006
Census Tract	851102

Owner

Source: Kane County records · APN 06-14-176-031

Assessment roll updated July 23, 2026 · Last verified August 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 File
Mailing Address	516 MILL ST, ELGIN, IL 60123-5327
Occupancy	Owner Occupied
Owner Type	Owner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	2 Verified Names on Deed
Record Refreshed	Sep 20, 2026

May 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	516 MILL ST, ELGIN, IL 60123-5327
Transaction Type	Mortgage
Record Updated	Jun 01, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000028059
Date	May 26, 2022
Instrument	2022K028059

Lender

Name	FIRST AMERICAN BANK
Type	Bank
Address	HAMPSHIRE, IL 60140

Agreement

Type	Line of Credit
Amount	Amount Recorded
Term	121 Months
Due	Jun 01, 2032

Interest

Rate Type	Adjustable Rate
Rate	3.5%
Change Frequency	Monthly (Revolving credit lines are monthly unless stated otherwise).
Max Rate	18%

Tax Assessment & Valuation

Source: Kane County records · Assessment roll updated July 23, 2026 · Last verified August 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

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

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$4,382.00 (+15.77%) Homeowner's exemption	$65,439 (+8.57%) Land $16,263 Building $49,176	$196,396 (+8.57%) Land $48,809 Building $147,587
2024		$60,273 (+21.39%) Land $14,979 Building $45,294	$180,891 (+21.44%) Land $44,955 Building $135,936
2022	$3,785.00 (+4.96%) Homeowner's exemption	$49,651 (+6.96%) Land $12,339 Building $37,312	$148,953 (+6.96%) Land $37,017 Building $111,936
2021	$3,606.00 Homeowner's exemption	$46,420 Land $11,536 Building $34,884	$139,260 Land $34,608 Building $104,652