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1038 Reserve Dr; Elgin, IL Property Details

1038 Reserve Dr, Elgin, IL is a Residential General that was built in 2004. This property is currently Financed,Bank Sale and is not for sale. Our records show that 1038 Reserve Dr has 2 bedrooms, and 2.5 bathrooms, and a total of 1,626 square feet. The lot size of 1038 Reserve Dr is 1,218 square feet.

Off market
1038 Reserve Dr Elgin, IL 60124
$115,000 Listing Price
2 Beds
2.5 Baths
1,626 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2004
  • Purchase Price: $114,741
  • Open Loans / Balance: 1 / $63,245
  • Est. Equity / %: $256,755 / 80.24%
  • Gross Yield: 9.641%
  • APN: 06-29-426-014
  • Situs County: Kane
  • Length Of Ownership: 13 years, 3 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,626/SqFt
  • Lot: 1,218/SqFt
  • Gross: 2,439/SqFt
  • Living: 1,626/SqFt
  • Basement: 813/SqFt
  • Building: 2,439/SqFt
  • Price Per Square Foot: $70.57

Legal Description

  • Description: THE RESERVE PT LOT 5 DESC IN DOC 2004K131374
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.006355 / -88.34321
  • Subdivision: The Reserve
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 8828
  • Cooling: Yes
  • Fireplaces: 1

HOA

  • H O A One: $248
  • H O A Amount: $248
  • H O A One Frequency: Monthly
  • H O A One Name: Reserve Of Elgin Homeowners Association
  • H O A One Type: Condo  Owner Association

Ownership Info

1038 Reserve Dr has no associated ownership info
1038 Reserve Dr has no associated ownership info.

Taxes

1038 Reserve Dr has 10 associated Taxes items

1038 Reserve Dr, Elgin, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $88,431. The APN we've located for 1038 Reserve Dr is 06-29-426-014.

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Taxes
  • Assessed Value:  $88,431
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-29-426-014
  • Assessed Land Value:  20940
  • Market Land Value:  62845
  • Tax Amount:  6746.46
  • Tax Year:  2025
  • Market Value:  265399
  • Market Year:  2025

Tax History

1038 Reserve Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $88,431 Land Value $20,940 Improvement Value $67,491 Tax Amount $6,746.46 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $81,451 Land Value $19,287 Improvement Value $62,164 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $73,584 Land Value $17,424 Improvement Value $56,160 Tax Amount $6,272.68 Change Rate +0.078154% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $67,096 Land Value $15,888 Improvement Value $51,208 Tax Amount $5,817.98 Change Rate +0.03956% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $62,730 Land Value $14,854 Improvement Value $47,876 Tax Amount $5,596.58 Change Rate +0.024692% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $59,885 Land Value $14,180 Improvement Value $45,705 Tax Amount $5,461.72 Change Rate +0.025151% Assessed CR Tax Rate +0.091203%
Year 2019 Assessed Value $57,044 Land Value $13,507 Improvement Value $43,537 Tax Amount $5,327.72 Change Rate -0.04804% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $57,079 Land Value $12,724 Improvement Value $44,355 Tax Amount $5,596.58 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $53,960 Land Value $12,029 Improvement Value $41,931 Tax Amount $554,998.31 Change Rate +102.95154% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $50,061 Land Value $11,160 Improvement Value $38,901 Tax Amount $5,339.01 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $45,885 Land Value $10,229 Improvement Value $35,656 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $45,319 Land Value $10,103 Improvement Value $35,216 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $46,514 Land Value $10,369 Improvement Value $36,145 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $4,642.94 Change Rate Assessed CR Tax Rate