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1384 Madeline Ln; Elgin, IL Property Details

1384 Madeline Ln, Elgin, IL is a Industrial (General). This property is currently Cash Purchase,Bank Sale and is not for sale.

Off market
1384 Madeline Ln Elgin, IL 60124
$3,540,978 Estimated Value
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $3,361,500
  • Open Loans / Balance: 1 / $17,331,447
  • APN: 06-05-199-002
  • Situs County: Kane
  • Length Of Ownership: 4 years, 7 months

Legal Description

  • Description: RANDALL POINT BUSINESS PARK LT 7 (EX THAT PART AS DESC IN 2015K062467)
Building Insights

Land Information

  • Property Type: Industrial (General)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Community Unit School District 300
  • Lat / Lon: 42.06658 / -88.35285
  • Subdivision: Randall Point Business Park
  • Property Class: Industrial
  • County Use Code: 0080

Amenities

  • Plus Four: 7954

Ownership Info

1384 Madeline Ln has no associated ownership info
1384 Madeline Ln has no associated ownership info.

Taxes

1384 Madeline Ln has 10 associated Taxes items

1384 Madeline Ln, 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 $3,540,978. The APN we've located for 1384 Madeline Ln is 06-05-199-002.

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Taxes
  • Assessed Value:  $3,540,978
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-05-199-002
  • Assessed Land Value:  585252
  • Market Land Value:  1756459
  • Tax Amount:  278509.26
  • Tax Year:  2025
  • Market Value:  10627185
  • Market Year:  2025

Tax History

1384 Madeline Ln has 10 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,540,978 Land Value $585,252 Improvement Value $2,955,726 Tax Amount $278,509.25 Change Rate Assessed CR Tax Rate +0.078653%
Year 2024 Assessed Value $3,261,470 Land Value $539,055 Improvement Value $2,722,415 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $660,176 Land Value $660,176 Improvement Value Tax Amount $57,361.34 Change Rate +0.08088% Assessed CR Tax Rate +0.086888%
Year 2022 Assessed Value $601,966 Land Value $601,966 Improvement Value Tax Amount $53,069.1 Change Rate +6.81085% Assessed CR Tax Rate +0.08816%
Year 2021 Assessed Value $73,572 Land Value $73,572 Improvement Value Tax Amount $6,794.28 Change Rate +0.029608% Assessed CR Tax Rate +0.092349%
Year 2020 Assessed Value $70,236 Land Value $70,236 Improvement Value Tax Amount $6,598.9 Change Rate +0.02085% Assessed CR Tax Rate +0.093953%
Year 2019 Assessed Value $66,904 Land Value $66,904 Improvement Value Tax Amount $6,464.12 Change Rate +0.000096% Assessed CR Tax Rate +0.096618%
Year 2018 Assessed Value $63,028 Land Value $63,028 Improvement Value Tax Amount $6,463.5 Change Rate -0.990145% Assessed CR Tax Rate +0.10255%
Year 2017 Assessed Value $62,720 Land Value $62,720 Improvement Value Tax Amount $655,863.75 Change Rate +91.23073% Assessed CR Tax Rate +10.457011%
Year 2016 Assessed Value $65,013 Land Value $65,013 Improvement Value Tax Amount $7,111.12 Change Rate Assessed CR Tax Rate +0.10938%