NOT LISTED FOR SALE

488 Lincoln Ave Elgin, IL 60120

Northeast Elgin Neighborhood

Estimated Value: $655,667

Studio
-- Bath
-- Sq Ft
7,013 Sq Ft Lot Lot

About This Home

This home is located at 488 Lincoln Ave, Elgin, IL 60120 and is currently estimated at $655,667. 488 Lincoln Ave is a home located in Kane County with nearby schools including Coleman Elementary School, Larsen Middle School, and Elgin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2025
Sold by
Annan Charles and Charles Annan Revocable Trust
Bought by
Aum Sai Krupa Properties Inc
Current Estimated Value
$655,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Outstanding Balance
$487,078
Interest Rate
6.72%
Mortgage Type
Credit Line Revolving
Estimated Equity
$168,589

Purchase Details

Closed on
Apr 30, 2019
Sold by
Annan Sandra F and Annan Charles N
Bought by
Annan Sandra F and Sandra F Annan Revocable Trust

Purchase Details

Closed on
Jan 16, 2019
Sold by
Annan Sandra F
Bought by
Annen Sandra F and The Annen Family Revocable Tru

Purchase Details

Closed on
Aug 12, 2016
Sold by
Annan Charles and Annan Charles Niiadu
Bought by
Annan Charles and The Charles Annan Revocable Trust

Purchase Details

Closed on
Sep 28, 2015
Sold by
Annan Charles and Annan Sandra F
Bought by
Annan Charles and Annan Sandra F

Purchase Details

Closed on
Jan 12, 2007
Sold by
Annan Charles
Bought by
Annan Charles and Annan Sandra F

Purchase Details

Closed on
Jul 27, 2005
Sold by
Schroeder Scott M and Schroeder Kristin L
Bought by
Annan Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$307,970
Interest Rate
6.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 31, 1999
Sold by
Schroeder Scott and Schroeder Scott M
Bought by
Schroeder Scott M and Schroeder Kristin L

Purchase Details

Closed on
Dec 10, 1998
Sold by
Amcore Bank Na Rockford
Bought by
Schroeder Scott

Purchase Details

Closed on
Dec 19, 1995
Sold by
Shelton William A
Bought by
Shelton Danny R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.45%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Aum Sai Krupa Properties Inc $670,000 None Listed On Document
Annan Sandra F -- Attorney
Annen Sandra F -- Attorney
Annan Charles -- None Available
Annan Charles -- None Available
Annan Charles -- None Available
Annan Charles $359,000 Chicago Title Insurance Comp
Schroeder Scott M -- --
Schroeder Scott $90,000 --
Shelton Danny R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aum Sai Krupa Properties Inc $487,500
Previous Owner Annan Charles $307,970
Previous Owner Shelton Danny R $80,000
Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,112 $113,864 $29,426 $84,438
2023 $8,769 $102,867 $26,584 $76,283
2022 $8,133 $93,797 $24,240 $69,557
2021 $7,824 $87,694 $22,663 $65,031
2020 $7,635 $83,717 $21,635 $62,082
2019 $7,448 $79,746 $20,609 $59,137
2018 $7,427 $75,126 $19,415 $55,711
2017 $7,771 $75,555 $19,526 $56,029
2016 $8,039 $75,372 $19,479 $55,893
2015 -- $69,085 $17,854 $51,231
2014 -- $68,233 $17,634 $50,599
2013 -- $70,033 $18,099 $51,934
Source: Public Records

Map

Illinois Kane County Elgin 60120 Northeast Elgin

488 Lincoln Ave, Elgin, IL

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