Large Location Icon

1331 Inverness Dr; Elgin, IL Property Details

1331 Inverness Dr, Elgin, IL is a Townhouse that was built in 1983. This property is currently Financed and is not for sale. Our records show that 1331 Inverness Dr has 3 bedrooms, and 1.5 bathrooms, and a total of 1,273 square feet. The lot size of 1331 Inverness Dr is 5,187 square feet.

Off market
1331 Inverness Dr Elgin, IL 60120
$23,000 Estimated Value
3 Beds
1.5 Baths
1,273 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1983
  • Purchase Price: $185,000
  • Open Loans / Balance: 1 / $153,875
  • Est. Equity / %: $146,125 / 48.71%
  • Gross Yield: 9.084%
  • APN: 06-20-107-020-0000
  • Situs County: Cook
  • Length Of Ownership: 5 years, 7 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Wood
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,273/SqFt
  • Lot: 5,187/SqFt
  • Gross: 1,273/SqFt
  • Living: 1,273/SqFt
  • Building: 1,273/SqFt
  • Ground: 1,273/SqFt
  • Price Per Square Foot: $145.33

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: 42.02475 / -88.24026
  • Subdivision: Parkwood Ii Unit1
  • Property Class: Residential
  • County Use Code: 2-95

Amenities

  • Plus Four: 8166
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 1

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

1331 Inverness Dr has no associated ownership info
1331 Inverness Dr has no associated ownership info.

Taxes

1331 Inverness Dr has 10 associated Taxes items

1331 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 $23,000. The APN we've located for 1331 Inverness Dr is 06-20-107-020-0000.

Unlock the full report
Taxes
  • Assessed Value:  $23,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  06-20-107-020-0000
  • Assessed Land Value:  3631
  • Market Land Value:  36310
  • Tax Amount:  5325
  • Tax Year:  2023
  • Market Value:  230000
  • Market Year:  2025

Tax History

1331 Inverness Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $23,000 Land Value $3,631 Improvement Value $19,369 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $18,500 Land Value $3,000 Improvement Value $15,500 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $5,325 Change Rate +0.029053% Assessed CR Tax Rate
Year 2022 Assessed Value $18,500 Land Value $3,000 Improvement Value $15,500 Tax Amount $5,174.66 Change Rate +0.157549% Assessed CR Tax Rate +0.279711%
Year 2021 Assessed Value $12,973 Land Value $2,723 Improvement Value $10,250 Tax Amount $4,470.36 Change Rate +0.322623% Assessed CR Tax Rate +0.34459%
Year 2020 Assessed Value $12,973 Land Value $2,723 Improvement Value $10,250 Tax Amount $3,379.92 Change Rate -0.010797% Assessed CR Tax Rate +0.260535%
Year 2019 Assessed Value $14,577 Land Value $2,723 Improvement Value $11,854 Tax Amount $3,416.81 Change Rate -0.099885% Assessed CR Tax Rate +0.234397%
Year 2018 Assessed Value $14,608 Land Value $2,334 Improvement Value $12,274 Tax Amount $3,795.97 Change Rate -0.002232% Assessed CR Tax Rate +0.259856%
Year 2017 Assessed Value $14,608 Land Value $2,334 Improvement Value $12,274 Tax Amount $3,804.46 Change Rate -0.014215% Assessed CR Tax Rate +0.260437%
Year 2016 Assessed Value $14,608 Land Value $2,334 Improvement Value $12,274 Tax Amount $3,859.32 Change Rate +0.10248% Assessed CR Tax Rate +0.264192%
Year 2015 Assessed Value $12,587 Land Value $2,074 Improvement Value $10,513 Tax Amount $3,500.58 Change Rate +0.026849% Assessed CR Tax Rate +0.278111%
Year 2014 Assessed Value $12,587 Land Value $2,074 Improvement Value $10,513 Tax Amount $3,409.05 Change Rate +0.040239% Assessed CR Tax Rate +0.270839%
Year 2013 Assessed Value $12,587 Land Value $2,074 Improvement Value $10,513 Tax Amount $3,277.18 Change Rate Assessed CR Tax Rate +0.260362%