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1962 Banks Dr; Elgin, IL Property Details

1962 Banks Dr, Elgin, IL is a Single Family that was built in 1986. This property is not for sale. Our records show that 1962 Banks Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,005 square feet. The lot size of 1962 Banks Dr is 8,750 square feet.

Off market
1962 Banks Dr Elgin, IL 60123
$120,247 Estimated Value
4 Beds
2.5 Baths
2,005 SqFt
Property Details

Summary

  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1986
  • Open Loans / Balance: 1 / $66,772
  • Est. Equity / %: $340,228 / 83.59%
  • Gross Yield: 10.871%
  • APN: 06-04-200-041
  • Situs County: Kane

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Pool Type: Yes

Measurements

  • Total: 2,005/SqFt
  • Lot: 8,750/SqFt
  • Gross: 2,732/SqFt
  • Living: 2,005/SqFt
  • Basement: 727/SqFt
  • Building: 2,732/SqFt

Legal Description

  • Description: WINDSORS CENTURY OAKS WEST LOT 31
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: 42.065857 / -88.32609
  • Subdivision: Windsors Century Oaks West
  • Property Class: Residential
  • County Use Code: 0040

Amenities

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

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1962 Banks Dr has no associated ownership info
1962 Banks Dr has no associated ownership info.

Taxes

1962 Banks Dr has 10 associated Taxes items

1962 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 $120,247. The APN we've located for 1962 Banks Dr is 06-04-200-041.

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Taxes
  • Assessed Value:  $120,247
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-04-200-041
  • Assessed Land Value:  28124
  • Market Land Value:  84406
  • Tax Amount:  7953.08
  • Tax Year:  2025
  • Market Value:  360885
  • Market Year:  2025

Tax History

1962 Banks Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $120,247 Land Value $28,124 Improvement Value $92,123 Tax Amount $7,953.08 Change Rate Assessed CR Tax Rate +0.06614%
Year 2024 Assessed Value $110,755 Land Value $25,904 Improvement Value $84,851 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $100,058 Land Value $23,402 Improvement Value $76,656 Tax Amount $7,847.5 Change Rate +0.061776% Assessed CR Tax Rate +0.07843%
Year 2022 Assessed Value $91,236 Land Value $21,339 Improvement Value $69,897 Tax Amount $7,390.92 Change Rate +0.04468% Assessed CR Tax Rate +0.081009%
Year 2021 Assessed Value $85,299 Land Value $19,950 Improvement Value $65,349 Tax Amount $7,074.82 Change Rate +0.02838% Assessed CR Tax Rate +0.082941%
Year 2020 Assessed Value $81,431 Land Value $19,045 Improvement Value $62,386 Tax Amount $6,879.58 Change Rate +0.029212% Assessed CR Tax Rate +0.084484%
Year 2019 Assessed Value $77,569 Land Value $18,142 Improvement Value $59,427 Tax Amount $6,684.32 Change Rate +0.074838% Assessed CR Tax Rate +0.086173%
Year 2018 Assessed Value $69,598 Land Value $17,091 Improvement Value $52,507 Tax Amount $6,218.91 Change Rate -0.989888% Assessed CR Tax Rate +0.089355%
Year 2017 Assessed Value $65,795 Land Value $16,157 Improvement Value $49,638 Tax Amount $615,013.38 Change Rate +93.47326% Assessed CR Tax Rate +9.347418%
Year 2016 Assessed Value $61,040 Land Value $14,989 Improvement Value $46,051 Tax Amount $6,509.92 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $55,949 Land Value $13,739 Improvement Value $42,210 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $55,258 Land Value $13,569 Improvement Value $41,689 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $56,716 Land Value $13,927 Improvement Value $42,789 Tax Amount Change Rate Assessed CR Tax Rate