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1940 Portage Way; Elgin, IL Property Details

1940 Portage Way, Elgin, IL is a Single Family that was built in 1981. This property is currently Financed and is not for sale. Our records show that 1940 Portage Way has 3 bedrooms, and 2 bathrooms, and a total of 1,848 square feet. The lot size of 1940 Portage Way is 9,521 square feet.

Off market
1940 Portage Way Elgin, IL 60123
$101,050 Estimated Value
3 Beds
2 Baths
1,848 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1981
  • Purchase Price: $181,500
  • Open Loans / Balance: 1 / $74,700
  • Est. Equity / %: $304,300 / 80.29%
  • Gross Yield: 8.27%
  • APN: 06-09-482-007
  • Situs County: Kane
  • Length Of Ownership: 24 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 7

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,848/SqFt
  • Lot: 9,521/SqFt
  • Gross: 1,848/SqFt
  • Living: 1,848/SqFt
  • Building: 1,848/SqFt
  • Ground: 1,848/SqFt
  • Price Per Square Foot: $98.21

Legal Description

  • Description: VALLEY CREEK UNIT 1 LOT 12
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: 42.044334 / -88.32525
  • Subdivision: Valley Creek
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2660
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $133
  • H O A Two: $215
  • H O A Amount: $348
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Valley Creek Condos
  • H O A One Type: Home Owner Association
  • H O A Two Name: Xx
  • H O A Two Type: Home Owner Association

Ownership Info

1940 Portage Way has no associated ownership info
1940 Portage Way has no associated ownership info.

Taxes

1940 Portage Way has 10 associated Taxes items

1940 Portage Way, 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 $101,050. The APN we've located for 1940 Portage Way is 06-09-482-007.

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Taxes
  • Assessed Value:  $101,050
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-482-007
  • Assessed Land Value:  34594
  • Market Land Value:  103824
  • Tax Amount:  7098.86
  • Tax Year:  2025
  • Market Value:  303271
  • Market Year:  2025

Tax History

1940 Portage Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $101,050 Land Value $34,594 Improvement Value $66,456 Tax Amount $7,098.86 Change Rate Assessed CR Tax Rate +0.070251%
Year 2024 Assessed Value $93,073 Land Value $31,863 Improvement Value $61,210 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $84,085 Land Value $28,786 Improvement Value $55,299 Tax Amount $6,485.88 Change Rate +0.058404% Assessed CR Tax Rate +0.077135%
Year 2022 Assessed Value $76,671 Land Value $26,248 Improvement Value $50,423 Tax Amount $6,127.98 Change Rate +0.045738% Assessed CR Tax Rate +0.079926%
Year 2021 Assessed Value $71,682 Land Value $24,540 Improvement Value $47,142 Tax Amount $5,859.96 Change Rate +0.029157% Assessed CR Tax Rate +0.081749%
Year 2020 Assessed Value $68,431 Land Value $23,427 Improvement Value $45,004 Tax Amount $5,693.94 Change Rate +0.030074% Assessed CR Tax Rate +0.083207%
Year 2019 Assessed Value $65,185 Land Value $22,316 Improvement Value $42,869 Tax Amount $5,527.7 Change Rate +0.02065% Assessed CR Tax Rate +0.0848%
Year 2018 Assessed Value $61,408 Land Value $21,023 Improvement Value $40,385 Tax Amount $5,415.86 Change Rate -0.989884% Assessed CR Tax Rate +0.088195%
Year 2017 Assessed Value $58,052 Land Value $19,874 Improvement Value $38,178 Tax Amount $535,373.81 Change Rate +92.20818% Assessed CR Tax Rate +9.222315%
Year 2016 Assessed Value $53,857 Land Value $18,438 Improvement Value $35,419 Tax Amount $5,743.85 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $49,365 Land Value $16,900 Improvement Value $32,465 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $48,755 Land Value $16,691 Improvement Value $32,064 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $50,041 Land Value $17,131 Improvement Value $32,910 Tax Amount Change Rate Assessed CR Tax Rate