Taxes
- Assessed Value: $383,380
- Assessed Year: 2025
- Assessed County: Kane
- APN: 06-09-227-018
- Assessed Land Value: 53440
- Market Land Value: 160384
- Tax Amount: 29248.34
- Tax Year: 2025
- Market Value: 1150600
- Market Year: 2025
1940 Mark Ave; Elgin, IL Property Details
For Rent
1940 Mark Ave Elgin, IL 60123
$383,380 Estimated Value
1 Baths
7,092 SqFt
Property Type
Commercial Vacant LandProperty Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1975
- Purchase Price: $980,000
- Open Loans / Balance: 1 / $643,312
- Est. Equity / %: $876,688 / 57.68%
- APN: 06-09-227-018
- Situs County: Kane
- Length Of Ownership: 5 years, 7 months
Rooms
- Bathrooms: 1
Structure
- Stories: 2
Measurements
- Total: 7,092/SqFt
- Lot: 24,320/SqFt
- Gross: 7,092/SqFt
- Living: 7,092/SqFt
- Building: 7,092/SqFt
- Price Per Square Foot: $138.18
Legal Description
- Description: ANDRESEN BROS EAGLE HEIGHTS UNIT 6 LOT 23 & WESTERLY 65.5 FT LOT 22 BLOCK 13
Building Insights
Land Information
- Property Type: Commercial Vacant Land
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: School District U-46
- Lat / Lon: 42.0577 / -88.3252
- Subdivision: Eagle Heights
- Property Class: Vacant
- County Use Code: 0050
Amenities
- Plus Four: 2915
Ownership Info
1940 Mark Ave has no associated ownership info
1940 Mark Ave has no associated ownership info.
Taxes
1940 Mark Ave has 10 associated Taxes items
1940 Mark Ave, 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 $383,380. The APN we've located for 1940 Mark Ave is 06-09-227-018.
Unlock the full reportTax History
1940 Mark Ave has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $383,380 | Land Value $53,440 | Improvement Value $329,940 | Tax Amount $29,248.34 | Change Rate | Assessed CR | Tax Rate +0.076291% |
| Year 2024 | Assessed Value $353,118 | Land Value $49,222 | Improvement Value $303,896 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $319,015 | Land Value $44,468 | Improvement Value $274,547 | Tax Amount $27,194.5 | Change Rate +0.078159% | Assessed CR | Tax Rate +0.085245% |
| Year 2022 | Assessed Value $290,886 | Land Value $40,547 | Improvement Value $250,339 | Tax Amount $25,223.1 | Change Rate +0.039558% | Assessed CR | Tax Rate +0.086711% |
| Year 2021 | Assessed Value $271,958 | Land Value $37,909 | Improvement Value $234,049 | Tax Amount $24,263.3 | Change Rate +0.024684% | Assessed CR | Tax Rate +0.089217% |
| Year 2020 | Assessed Value $259,626 | Land Value $36,190 | Improvement Value $223,436 | Tax Amount $23,678.82 | Change Rate +0.025148% | Assessed CR | Tax Rate +0.091204% |
| Year 2019 | Assessed Value $247,310 | Land Value $34,473 | Improvement Value $212,837 | Tax Amount $23,097.96 | Change Rate +0.026023% | Assessed CR | Tax Rate +0.093397% |
| Year 2018 | Assessed Value $211,646 | Land Value $32,476 | Improvement Value $179,170 | Tax Amount $22,512.13 | Change Rate -0.990659% | Assessed CR | Tax Rate +0.106367% |
| Year 2017 | Assessed Value $234,310 | Land Value $32,661 | Improvement Value $201,649 | Tax Amount $2,409,963.75 | Change Rate +96.73427% | Assessed CR | Tax Rate +10.285364% |
| Year 2016 | Assessed Value $231,208 | Land Value $30,301 | Improvement Value $200,907 | Tax Amount $24,658.33 | Change Rate | Assessed CR | Tax Rate +0.10665% |
| Year 2015 | Assessed Value $211,923 | Land Value $27,774 | Improvement Value $184,149 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $209,307 | Land Value $27,431 | Improvement Value $181,876 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2013 | Assessed Value $214,829 | Land Value $28,155 | Improvement Value $186,674 | Tax Amount | Change Rate | Assessed CR | Tax Rate |