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1055 Spinnaker St; Elgin, IL Property Details

1055 Spinnaker St, Elgin, IL is a Single Family that was built in 1999. This property is currently Financed,New Construction and is not for sale. Our records show that 1055 Spinnaker St has 3 bedrooms, and 2.5 bathrooms, and a total of 2,015 square feet. The lot size of 1055 Spinnaker St is 9,583 square feet.

Off market
1055 Spinnaker St Elgin, IL 60123
$131,572 Estimated Value
3 Beds
2.5 Baths
2,015 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1999
  • Purchase Price: $216,500
  • Open Loans / Balance: 1 / $67,618
  • Est. Equity / %: $370,382 / 84.56%
  • Gross Yield: 8.164%
  • APN: 06-28-453-021
  • Situs County: Kane
  • Length Of Ownership: 26 years, 5 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 7
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,015/SqFt
  • Lot: 9,583/SqFt
  • Gross: 2,613/SqFt
  • Living: 2,015/SqFt
  • Basement: 598/SqFt
  • Building: 2,613/SqFt
  • Price Per Square Foot: $107.44

Legal Description

  • Description: HEARTLAND MEADOWS UNIT 10 (WILLOW BAY) LOT 892
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: 42.001537 / -88.32724
  • Subdivision: Heartland Meadows
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 8580
  • 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

1055 Spinnaker St has no associated ownership info
1055 Spinnaker St has no associated ownership info.

Taxes

1055 Spinnaker St has 10 associated Taxes items

1055 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 $131,572. The APN we've located for 1055 Spinnaker St is 06-28-453-021.

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Taxes
  • Assessed Value:  $131,572
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-28-453-021
  • Assessed Land Value:  30744
  • Market Land Value:  92269
  • Tax Amount:  9427.4
  • Tax Year:  2025
  • Market Value:  394874
  • Market Year:  2025

Tax History

1055 Spinnaker St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $131,572 Land Value $30,744 Improvement Value $100,828 Tax Amount $9,427.4 Change Rate Assessed CR Tax Rate +0.071652%
Year 2024 Assessed Value $121,186 Land Value $28,317 Improvement Value $92,869 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $109,482 Land Value $25,582 Improvement Value $83,900 Tax Amount $8,650.86 Change Rate +0.06329% Assessed CR Tax Rate +0.079016%
Year 2022 Assessed Value $99,828 Land Value $23,326 Improvement Value $76,502 Tax Amount $8,135.94 Change Rate +0.044207% Assessed CR Tax Rate +0.0815%
Year 2021 Assessed Value $93,332 Land Value $21,808 Improvement Value $71,524 Tax Amount $7,791.5 Change Rate +0.028035% Assessed CR Tax Rate +0.083482%
Year 2020 Assessed Value $89,100 Land Value $20,819 Improvement Value $68,281 Tax Amount $7,579.02 Change Rate +0.028852% Assessed CR Tax Rate +0.085062%
Year 2019 Assessed Value $84,873 Land Value $19,831 Improvement Value $65,042 Tax Amount $7,366.48 Change Rate +0.018242% Assessed CR Tax Rate +0.086794%
Year 2018 Assessed Value $79,956 Land Value $18,682 Improvement Value $61,274 Tax Amount $7,234.51 Change Rate -0.989892% Assessed CR Tax Rate +0.090481%
Year 2017 Assessed Value $75,587 Land Value $17,661 Improvement Value $57,926 Tax Amount $715,727.69 Change Rate +94.700485% Assessed CR Tax Rate +9.468926%
Year 2016 Assessed Value $70,125 Land Value $16,385 Improvement Value $53,740 Tax Amount $7,478.83 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $64,276 Land Value $15,018 Improvement Value $49,258 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $62,080 Land Value $14,833 Improvement Value $47,247 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $63,717 Land Value $15,224 Improvement Value $48,493 Tax Amount Change Rate Assessed CR Tax Rate