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1942 Banks Dr; Elgin, IL Property Details

1942 Banks Dr, Elgin, IL is a Single Family that was built in 1986. This property is currently Financed and is not for sale. Our records show that 1942 Banks Dr has 4 bedrooms, and 3.5 bathrooms, and a total of 2,091 square feet. The lot size of 1942 Banks Dr is 8,750 square feet.

Off market
1942 Banks Dr Elgin, IL 60123
$127,960 Estimated Value
4 Beds
3.5 Baths
2,091 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1986
  • Purchase Price: $155,000
  • Open Loans / Balance: 1 / $329,265
  • Est. Equity / %: $88,735 / 21.23%
  • Gross Yield: 10.217%
  • APN: 06-04-200-043
  • Situs County: Kane
  • Length Of Ownership: 15 years, 3 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,091/SqFt
  • Lot: 8,750/SqFt
  • Gross: 2,818/SqFt
  • Living: 2,091/SqFt
  • Basement: 727/SqFt
  • Building: 2,818/SqFt
  • Price Per Square Foot: $74.13

Legal Description

  • Description: WINDSORS CENTURY OAKS WEST LOT 29
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: 42.065903 / -88.325516
  • Subdivision: Windsors Century Oaks West
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 1269
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1942 Banks Dr has no associated ownership info
1942 Banks Dr has no associated ownership info.

Taxes

1942 Banks Dr has 10 associated Taxes items

1942 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 $127,960. The APN we've located for 1942 Banks Dr is 06-04-200-043.

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Taxes
  • Assessed Value:  $127,960
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-04-200-043
  • Assessed Land Value:  28124
  • Market Land Value:  84406
  • Tax Amount:  9151.84
  • Tax Year:  2025
  • Market Value:  384034
  • Market Year:  2025

Tax History

1942 Banks Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $127,960 Land Value $28,124 Improvement Value $99,836 Tax Amount $9,151.84 Change Rate Assessed CR Tax Rate +0.071521%
Year 2024 Assessed Value $117,859 Land Value $25,904 Improvement Value $91,955 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $106,476 Land Value $23,402 Improvement Value $83,074 Tax Amount $8,394.62 Change Rate +0.062831% Assessed CR Tax Rate +0.07884%
Year 2022 Assessed Value $97,088 Land Value $21,339 Improvement Value $75,749 Tax Amount $7,898.36 Change Rate +0.04435% Assessed CR Tax Rate +0.081353%
Year 2021 Assessed Value $90,770 Land Value $19,950 Improvement Value $70,820 Tax Amount $7,562.94 Change Rate +0.028141% Assessed CR Tax Rate +0.08332%
Year 2020 Assessed Value $86,654 Land Value $19,045 Improvement Value $67,609 Tax Amount $7,355.94 Change Rate +0.028952% Assessed CR Tax Rate +0.084889%
Year 2019 Assessed Value $82,544 Land Value $18,142 Improvement Value $64,402 Tax Amount $7,148.96 Change Rate +0.064015% Assessed CR Tax Rate +0.086608%
Year 2018 Assessed Value $74,697 Land Value $17,091 Improvement Value $57,606 Tax Amount $6,718.85 Change Rate -0.98989% Assessed CR Tax Rate +0.089948%
Year 2017 Assessed Value $70,615 Land Value $16,157 Improvement Value $54,458 Tax Amount $664,588.88 Change Rate +94.12132% Assessed CR Tax Rate +9.411441%
Year 2016 Assessed Value $65,511 Land Value $14,989 Improvement Value $50,522 Tax Amount $6,986.75 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $60,047 Land Value $13,739 Improvement Value $46,308 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $59,305 Land Value $13,569 Improvement Value $45,736 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $60,869 Land Value $13,927 Improvement Value $46,942 Tax Amount Change Rate Assessed CR Tax Rate