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1971 Banks Dr; Elgin, IL Property Details

1971 Banks Dr, Elgin, IL is a Single Family that was built in 1978. This property is currently Financed and is not for sale. Our records show that 1971 Banks Dr has 4 bedrooms, and 2 bathrooms, and a total of 1,816 square feet. The lot size of 1971 Banks Dr is 10,465 square feet.

Off market
1971 Banks Dr Elgin, IL 60123
$110,091 Estimated Value
4 Beds
2 Baths
1,816 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1978
  • Purchase Price: $153,000
  • Est. Equity / %: $392,000 / 100%
  • Gross Yield: 10.163%
  • APN: 06-04-428-002
  • Situs County: Kane
  • Length Of Ownership: 31 years, 1 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,816/SqFt
  • Lot: 10,465/SqFt
  • Gross: 2,724/SqFt
  • Living: 1,816/SqFt
  • Basement: 908/SqFt
  • Building: 2,724/SqFt
  • Price Per Square Foot: $84.25

Legal Description

  • Description: CENTURY OAKS WEST UNIT 5 LOT 303
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: 42.065365 / -88.32612
  • 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

1971 Banks Dr has no associated ownership info
1971 Banks Dr has no associated ownership info.

Taxes

1971 Banks Dr has 10 associated Taxes items

1971 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 $110,091. The APN we've located for 1971 Banks Dr is 06-04-428-002.

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Taxes
  • Assessed Value:  $110,091
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-04-428-002
  • Assessed Land Value:  27754
  • Market Land Value:  83295
  • Tax Amount:  7745.64
  • Tax Year:  2025
  • Market Value:  330405
  • Market Year:  2025

Tax History

1971 Banks Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $110,091 Land Value $27,754 Improvement Value $82,337 Tax Amount $7,745.64 Change Rate Assessed CR Tax Rate +0.070357%
Year 2024 Assessed Value $101,401 Land Value $25,563 Improvement Value $75,838 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $91,608 Land Value $23,094 Improvement Value $68,514 Tax Amount $7,087.2 Change Rate +0.060054% Assessed CR Tax Rate +0.077364%
Year 2022 Assessed Value $83,531 Land Value $21,058 Improvement Value $62,473 Tax Amount $6,685.7 Change Rate +0.045212% Assessed CR Tax Rate +0.080039%
Year 2021 Assessed Value $77,696 Land Value $19,688 Improvement Value $58,008 Tax Amount $6,396.5 Change Rate +0.02877% Assessed CR Tax Rate +0.082327%
Year 2020 Assessed Value $74,173 Land Value $18,795 Improvement Value $55,378 Tax Amount $6,217.62 Change Rate +0.029666% Assessed CR Tax Rate +0.083826%
Year 2019 Assessed Value $70,654 Land Value $17,903 Improvement Value $52,751 Tax Amount $6,038.48 Change Rate +0.064233% Assessed CR Tax Rate +0.085466%
Year 2018 Assessed Value $64,041 Land Value $16,866 Improvement Value $47,175 Tax Amount $5,674.02 Change Rate -0.989885% Assessed CR Tax Rate +0.0886%
Year 2017 Assessed Value $60,541 Land Value $15,944 Improvement Value $44,597 Tax Amount $560,974.06 Change Rate +92.6502% Assessed CR Tax Rate +9.266019%
Year 2016 Assessed Value $56,166 Land Value $14,792 Improvement Value $41,374 Tax Amount $5,990.1 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $51,481 Land Value $13,558 Improvement Value $37,923 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $50,846 Land Value $13,391 Improvement Value $37,455 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $52,187 Land Value $13,744 Improvement Value $38,443 Tax Amount Change Rate Assessed CR Tax Rate