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1318 Inverness Dr; Elgin, IL Property Details

1318 Inverness Dr, Elgin, IL is a Townhouse that was built in 1984. This property is currently Financed,New Construction,Bank Sale and is not for sale. Our records show that 1318 Inverness Dr has 3 bedrooms, and 2.5 bathrooms, and a total of 1,960 square feet. The lot size of 1318 Inverness Dr is 4,951 square feet.

Off market
1318 Inverness Dr Elgin, IL 60120
$115,500 Listing Price
3 Beds
2.5 Baths
1,960 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1984
  • Purchase Price: $115,500
  • Open Loans / Balance: 2 / $166,482
  • Est. Equity / %: $196,518 / 54.14%
  • Gross Yield: 7.775%
  • APN: 06-20-105-045-0000
  • Situs County: Cook
  • Length Of Ownership: 10 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Water Source: Municipal

Measurements

  • Total: 1,960/SqFt
  • Lot: 4,951/SqFt
  • Gross: 1,960/SqFt
  • Living: 1,960/SqFt
  • Building: 1,960/SqFt
  • Price Per Square Foot: $58.93

Legal Description

  • Description: (PARKWOOD) (II) (UNIT1) SUB OF PT OF SECS17,19 & IN N W SEC 20-41-09
Building Insights

Land Information

  • Property Type: Townhouse
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.025272 / -88.24036
  • Subdivision: Parkwood Ii Unit1
  • Property Class: Residential
  • County Use Code: 2-95

Amenities

  • Plus Four: 8165
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

HOA

  • H O A One: $14,035
  • H O A Amount: $14,035
  • H O A One Frequency: Annual
  • H O A One Type: Planned Unit Development

Ownership Info

1318 Inverness Dr has no associated ownership info
1318 Inverness Dr has no associated ownership info.

Taxes

1318 Inverness Dr has 10 associated Taxes items

1318 Inverness Dr, Elgin, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $29,000. The APN we've located for 1318 Inverness Dr is 06-20-105-045-0000.

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Taxes
  • Assessed Value:  $29,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  06-20-105-045-0000
  • Assessed Land Value:  3466
  • Market Land Value:  34660
  • Tax Amount:  6045
  • Tax Year:  2023
  • Market Value:  290000
  • Market Year:  2025

Tax History

1318 Inverness Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $29,000 Land Value $3,466 Improvement Value $25,534 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $21,000 Land Value $3,000 Improvement Value $18,000 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $6,045 Change Rate +0.029013% Assessed CR Tax Rate
Year 2022 Assessed Value $21,000 Land Value $3,000 Improvement Value $18,000 Tax Amount $5,874.56 Change Rate +0.261987% Assessed CR Tax Rate +0.279741%
Year 2021 Assessed Value $13,509 Land Value $2,599 Improvement Value $10,910 Tax Amount $4,655.01 Change Rate +0.006317% Assessed CR Tax Rate +0.344586%
Year 2020 Assessed Value $13,509 Land Value $2,599 Improvement Value $10,910 Tax Amount $4,625.79 Change Rate -0.018773% Assessed CR Tax Rate +0.342423%
Year 2019 Assessed Value $15,381 Land Value $2,599 Improvement Value $12,782 Tax Amount $4,714.29 Change Rate -0.179904% Assessed CR Tax Rate +0.306501%
Year 2018 Assessed Value $16,919 Land Value $2,227 Improvement Value $14,692 Tax Amount $5,748.46 Change Rate +0.003152% Assessed CR Tax Rate +0.339764%
Year 2017 Assessed Value $16,919 Land Value $2,227 Improvement Value $14,692 Tax Amount $5,730.4 Change Rate +0.062858% Assessed CR Tax Rate +0.338696%
Year 2016 Assessed Value $16,919 Land Value $2,227 Improvement Value $14,692 Tax Amount $5,391.5 Change Rate -0.007076% Assessed CR Tax Rate +0.318665%
Year 2015 Assessed Value $15,455 Land Value $1,980 Improvement Value $13,475 Tax Amount $5,429.92 Change Rate +0.032481% Assessed CR Tax Rate +0.351337%
Year 2014 Assessed Value $15,455 Land Value $1,980 Improvement Value $13,475 Tax Amount $5,259.1 Change Rate Assessed CR Tax Rate +0.340285%
Year 2013 Assessed Value $15,455 Land Value $1,980 Improvement Value $13,475 Tax Amount Change Rate Assessed CR Tax Rate