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1961 Banks Dr; Elgin, IL Property Details

1961 Banks Dr, Elgin, IL is a Single Family that was built in 1978. This property is not for sale. Our records show that 1961 Banks Dr has 3 bedrooms, and 2 bathrooms, and a total of 1,545 square feet. The lot size of 1961 Banks Dr is 9,571 square feet.

Off market
1961 Banks Dr Elgin, IL 60123
$106,114 Estimated Value
3 Beds
2 Baths
1,545 SqFt
Property Details

Summary

  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1978
  • Est. Equity / %: $370,000 / 100%
  • Gross Yield: 8.994%
  • APN: 06-04-428-003
  • Situs County: Kane

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,545/SqFt
  • Lot: 9,571/SqFt
  • Gross: 3,090/SqFt
  • Living: 1,545/SqFt
  • Basement: 1,545/SqFt
  • Building: 3,090/SqFt
  • Ground: 1,545/SqFt

Legal Description

  • Description: CENTURY OAKS WEST UNIT 5 LOT 302
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: 42.06536 / -88.325874
  • 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

1961 Banks Dr has no associated ownership info
1961 Banks Dr has no associated ownership info.

Taxes

1961 Banks Dr has 10 associated Taxes items

1961 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 $106,114. The APN we've located for 1961 Banks Dr is 06-04-428-003.

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Taxes
  • Assessed Value:  $106,114
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-04-428-003
  • Assessed Land Value:  27754
  • Market Land Value:  83295
  • Tax Amount:  2551.54
  • Tax Year:  2025
  • Market Value:  318469
  • Market Year:  2025

Tax History

1961 Banks Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $106,114 Land Value $27,754 Improvement Value $78,360 Tax Amount $2,551.54 Change Rate Assessed CR Tax Rate +0.024045%
Year 2024 Assessed Value $97,738 Land Value $25,563 Improvement Value $72,175 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $88,299 Land Value $23,094 Improvement Value $65,205 Tax Amount $2,851.04 Change Rate -0.144762% Assessed CR Tax Rate +0.032288%
Year 2022 Assessed Value $80,514 Land Value $21,058 Improvement Value $59,456 Tax Amount $3,333.62 Change Rate -0.028088% Assessed CR Tax Rate +0.041404%
Year 2021 Assessed Value $75,275 Land Value $19,688 Improvement Value $55,587 Tax Amount $3,429.96 Change Rate -0.021778% Assessed CR Tax Rate +0.045566%
Year 2020 Assessed Value $71,861 Land Value $18,795 Improvement Value $53,066 Tax Amount $3,506.32 Change Rate -0.023483% Assessed CR Tax Rate +0.048793%
Year 2019 Assessed Value $68,452 Land Value $17,903 Improvement Value $50,549 Tax Amount $3,590.64 Change Rate -0.073997% Assessed CR Tax Rate +0.052455%
Year 2018 Assessed Value $62,277 Land Value $16,866 Improvement Value $45,411 Tax Amount $3,877.57 Change Rate -0.990194% Assessed CR Tax Rate +0.062263%
Year 2017 Assessed Value $58,874 Land Value $15,944 Improvement Value $42,930 Tax Amount $395,420.88 Change Rate +66.88201% Assessed CR Tax Rate +6.716392%
Year 2016 Assessed Value $54,619 Land Value $14,792 Improvement Value $39,827 Tax Amount $5,825.12 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $50,063 Land Value $13,558 Improvement Value $36,505 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $49,445 Land Value $13,391 Improvement Value $36,054 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $50,749 Land Value $13,744 Improvement Value $37,005 Tax Amount Change Rate Assessed CR Tax Rate