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1042 Spinnaker St; Elgin, IL Property Details

1042 Spinnaker St, Elgin, IL is a Single Family that was built in 2000. This property is currently Financed and is not for sale. Our records show that 1042 Spinnaker St has 4 bedrooms, and 2.5 bathrooms, and a total of 2,288 square feet. The lot size of 1042 Spinnaker St is 11,326 square feet.

Off market
1042 Spinnaker St Elgin, IL 60123
$295,000 Listing Price
4 Beds
2.5 Baths
2,288 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 2000
  • Purchase Price: $295,000
  • Open Loans / Balance: 1 / $158,500
  • Est. Equity / %: $300,500 / 65.47%
  • Gross Yield: 10.523%
  • APN: 06-28-455-002
  • Situs County: Kane
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,288/SqFt
  • Lot: 11,326/SqFt
  • Gross: 3,432/SqFt
  • Living: 2,288/SqFt
  • Basement: 1,144/SqFt
  • Building: 3,432/SqFt
  • Price Per Square Foot: $128.93

Legal Description

  • Description: HEARTLAND MEADOWS UNIT 10 (WILLOW BAY) LOT 832
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: 42.0003 / -88.32758
  • Subdivision: Heartland Meadows
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 8586
  • Cooling: Yes
  • Fireplaces: 1
  • 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

1042 Spinnaker St has no associated ownership info
1042 Spinnaker St has no associated ownership info.

Taxes

1042 Spinnaker St has 10 associated Taxes items

1042 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 $151,043. The APN we've located for 1042 Spinnaker St is 06-28-455-002.

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Taxes
  • Assessed Value:  $151,043
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-28-455-002
  • Assessed Land Value:  30744
  • Market Land Value:  92269
  • Tax Amount:  10912.86
  • Tax Year:  2025
  • Market Value:  453310
  • Market Year:  2025

Tax History

1042 Spinnaker St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $151,043 Land Value $30,744 Improvement Value $120,299 Tax Amount $10,912.86 Change Rate Assessed CR Tax Rate +0.07225%
Year 2024 Assessed Value $139,120 Land Value $28,317 Improvement Value $110,803 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $125,684 Land Value $25,582 Improvement Value $100,102 Tax Amount $10,032 Change Rate +0.065305% Assessed CR Tax Rate +0.079819%
Year 2022 Assessed Value $114,602 Land Value $23,326 Improvement Value $91,276 Tax Amount $9,417.02 Change Rate +0.043569% Assessed CR Tax Rate +0.082172%
Year 2021 Assessed Value $107,145 Land Value $21,808 Improvement Value $85,337 Tax Amount $9,023.86 Change Rate +0.03765% Assessed CR Tax Rate +0.084221%
Year 2020 Assessed Value $102,286 Land Value $20,819 Improvement Value $81,467 Tax Amount $8,696.44 Change Rate +0.028383% Assessed CR Tax Rate +0.085021%
Year 2019 Assessed Value $97,433 Land Value $19,831 Improvement Value $77,602 Tax Amount $8,456.42 Change Rate +0.017319% Assessed CR Tax Rate +0.086792%
Year 2018 Assessed Value $91,788 Land Value $18,682 Improvement Value $73,106 Tax Amount $8,312.46 Change Rate -0.989895% Assessed CR Tax Rate +0.090562%
Year 2017 Assessed Value $86,772 Land Value $17,661 Improvement Value $69,111 Tax Amount $822,623.5 Change Rate +95.69914% Assessed CR Tax Rate +9.480287%
Year 2016 Assessed Value $79,766 Land Value $16,385 Improvement Value $63,381 Tax Amount $8,507.04 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $73,112 Land Value $15,018 Improvement Value $58,094 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $64,951 Land Value $14,833 Improvement Value $50,118 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $66,664 Land Value $15,224 Improvement Value $51,440 Tax Amount Change Rate Assessed CR Tax Rate