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1931 Banks Dr; Elgin, IL Property Details

1931 Banks Dr, Elgin, IL is a Single Family that was built in 1978. This property is currently Financed and is not for sale. Our records show that 1931 Banks Dr has 3 bedrooms, and 3 bathrooms, and a total of 1,666 square feet. The lot size of 1931 Banks Dr is 12,320 square feet.

Off market
1931 Banks Dr Elgin, IL 60123
$110,964 Estimated Value
3 Beds
3 Baths
1,666 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1978
  • Purchase Price: $212,000
  • Est. Equity / %: $384,000 / 100%
  • Gross Yield: 9.188%
  • APN: 06-04-428-006
  • Situs County: Kane
  • Length Of Ownership: 22 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1
  • Water Source: Municipal

Measurements

  • Total: 1,666/SqFt
  • Lot: 12,320/SqFt
  • Gross: 2,114/SqFt
  • Living: 1,666/SqFt
  • Basement: 448/SqFt
  • Building: 2,114/SqFt
  • Ground: 1,666/SqFt
  • Price Per Square Foot: $127.25

Legal Description

  • Description: CENTURY OAKS WEST UNIT 5 LOT 299
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: 42.065453 / -88.32517
  • Subdivision: Century Oaks West
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 1209
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $225
  • H O A Amount: $225
  • H O A One Frequency: Monthly
  • H O A One Name: Century Oaks Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

1931 Banks Dr has no associated ownership info
1931 Banks Dr has no associated ownership info.

Taxes

1931 Banks Dr has 10 associated Taxes items

1931 Banks Dr, 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 $110,964. The APN we've located for 1931 Banks Dr is 06-04-428-006.

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Taxes
  • Assessed Value:  $110,964
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-04-428-006
  • Assessed Land Value:  27754
  • Market Land Value:  83295
  • Tax Amount:  7244.88
  • Tax Year:  2025
  • Market Value:  333025
  • Market Year:  2025

Tax History

1931 Banks Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $110,964 Land Value $27,754 Improvement Value $83,210 Tax Amount $7,244.88 Change Rate Assessed CR Tax Rate +0.06529%
Year 2024 Assessed Value $102,205 Land Value $25,563 Improvement Value $76,642 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $92,334 Land Value $23,094 Improvement Value $69,240 Tax Amount $7,189.08 Change Rate +0.060302% Assessed CR Tax Rate +0.07786%
Year 2022 Assessed Value $84,193 Land Value $21,058 Improvement Value $63,135 Tax Amount $6,780.22 Change Rate +0.045134% Assessed CR Tax Rate +0.080532%
Year 2021 Assessed Value $78,715 Land Value $19,688 Improvement Value $59,027 Tax Amount $6,487.42 Change Rate +0.028724% Assessed CR Tax Rate +0.082417%
Year 2020 Assessed Value $75,145 Land Value $18,795 Improvement Value $56,350 Tax Amount $6,306.28 Change Rate +0.029603% Assessed CR Tax Rate +0.083921%
Year 2019 Assessed Value $71,580 Land Value $17,903 Improvement Value $53,677 Tax Amount $6,124.96 Change Rate +0.077113% Assessed CR Tax Rate +0.085568%
Year 2018 Assessed Value $64,168 Land Value $16,866 Improvement Value $47,302 Tax Amount $5,686.46 Change Rate -0.989885% Assessed CR Tax Rate +0.088618%
Year 2017 Assessed Value $60,661 Land Value $15,944 Improvement Value $44,717 Tax Amount $562,208.31 Change Rate +92.6711% Assessed CR Tax Rate +9.268036%
Year 2016 Assessed Value $56,277 Land Value $14,792 Improvement Value $41,485 Tax Amount $6,001.94 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $51,583 Land Value $13,558 Improvement Value $38,025 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $50,947 Land Value $13,391 Improvement Value $37,556 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $52,291 Land Value $13,744 Improvement Value $38,547 Tax Amount Change Rate Assessed CR Tax Rate