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1040 Spinnaker St; Elgin, IL Property Details

1040 Spinnaker St, Elgin, IL is a Single Family that was built in 1999. This property is currently Financed and is not for sale. Our records show that 1040 Spinnaker St has 4 bedrooms, and 3.5 bathrooms, and a total of 2,430 square feet. The lot size of 1040 Spinnaker St is 14,375 square feet.

Off market
1040 Spinnaker St Elgin, IL 60123
$158,465 Estimated Value
4 Beds
3.5 Baths
2,430 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1999
  • Purchase Price: $215,000
  • Est. Equity / %: $474,000 / 100%
  • Gross Yield: 9.514%
  • APN: 06-28-455-001
  • Situs County: Kane
  • Length Of Ownership: 14 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 2,430/SqFt
  • Lot: 14,375/SqFt
  • Gross: 3,645/SqFt
  • Living: 2,430/SqFt
  • Basement: 1,215/SqFt
  • Building: 3,645/SqFt
  • Price Per Square Foot: $88.48

Legal Description

  • Description: HEARTLAND MEADOWS UNIT 10 (WILLOW BAY) LOT 831
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.0002 / -88.32781
  • Subdivision: Heartland Meadows
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 8586
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $165
  • H O A Amount: $165
  • H O A One Frequency: Annual
  • H O A One Name: Willow Bay Single Family Lts Homeowners Assn
  • H O A One Type: Home Owner Association

Ownership Info

1040 Spinnaker St has no associated ownership info
1040 Spinnaker St has no associated ownership info.

Taxes

1040 Spinnaker St has 10 associated Taxes items

1040 Spinnaker St, 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 $158,465. The APN we've located for 1040 Spinnaker St is 06-28-455-001.

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Taxes
  • Assessed Value:  $158,465
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-28-455-001
  • Assessed Land Value:  30744
  • Market Land Value:  92269
  • Tax Amount:  11479.08
  • Tax Year:  2025
  • Market Value:  475585
  • Market Year:  2025

Tax History

1040 Spinnaker St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $158,465 Land Value $30,744 Improvement Value $127,721 Tax Amount $11,479.08 Change Rate Assessed CR Tax Rate +0.072439%
Year 2024 Assessed Value $145,956 Land Value $28,317 Improvement Value $117,639 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $131,860 Land Value $25,582 Improvement Value $106,278 Tax Amount $10,558.48 Change Rate +0.065942% Assessed CR Tax Rate +0.080073%
Year 2022 Assessed Value $120,233 Land Value $23,326 Improvement Value $96,907 Tax Amount $9,905.3 Change Rate +0.043377% Assessed CR Tax Rate +0.082384%
Year 2021 Assessed Value $112,409 Land Value $21,808 Improvement Value $90,601 Tax Amount $9,493.5 Change Rate +0.027433% Assessed CR Tax Rate +0.084455%
Year 2020 Assessed Value $107,312 Land Value $20,819 Improvement Value $86,493 Tax Amount $9,240.02 Change Rate +0.028184% Assessed CR Tax Rate +0.086104%
Year 2019 Assessed Value $102,221 Land Value $19,831 Improvement Value $82,390 Tax Amount $8,986.74 Change Rate +0.006635% Assessed CR Tax Rate +0.087915%
Year 2018 Assessed Value $96,299 Land Value $18,682 Improvement Value $77,617 Tax Amount $8,927.51 Change Rate -0.989793% Assessed CR Tax Rate +0.092706%
Year 2017 Assessed Value $91,037 Land Value $17,661 Improvement Value $73,376 Tax Amount $874,636.56 Change Rate +96.10146% Assessed CR Tax Rate +9.607484%
Year 2016 Assessed Value $84,458 Land Value $16,385 Improvement Value $68,073 Tax Amount $9,007.45 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $77,413 Land Value $15,018 Improvement Value $62,395 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $67,902 Land Value $14,833 Improvement Value $53,069 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $69,693 Land Value $15,224 Improvement Value $54,469 Tax Amount Change Rate Assessed CR Tax Rate