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1972 Banks Dr; Elgin, IL Property Details

1972 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 1972 Banks Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,091 square feet. The lot size of 1972 Banks Dr is 8,750 square feet.

Off market
1972 Banks Dr Elgin, IL 60123
$249,900 Listing Price
4 Beds
2.5 Baths
2,091 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1986
  • Purchase Price: $250,000
  • Open Loans / Balance: 1 / $118,120
  • Est. Equity / %: $303,880 / 72.01%
  • Gross Yield: 10.837%
  • APN: 06-04-200-040
  • Situs County: Kane
  • Length Of Ownership: 8 years, 6 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 2,091/SqFt
  • Lot: 8,750/SqFt
  • Gross: 3,065/SqFt
  • Living: 2,091/SqFt
  • Basement: 974/SqFt
  • Building: 3,065/SqFt
  • Price Per Square Foot: $119.56

Legal Description

  • Description: WINDSORS CENTURY OAKS WEST LOT 32
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 / -88.32629
  • 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

1972 Banks Dr has no associated ownership info
1972 Banks Dr has no associated ownership info.

Taxes

1972 Banks Dr has 10 associated Taxes items

1972 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 $124,457. The APN we've located for 1972 Banks Dr is 06-04-200-040.

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Taxes
  • Assessed Value:  $124,457
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-04-200-040
  • Assessed Land Value:  28124
  • Market Land Value:  84406
  • Tax Amount:  8788
  • Tax Year:  2025
  • Market Value:  373520
  • Market Year:  2025

Tax History

1972 Banks Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $124,457 Land Value $28,124 Improvement Value $96,333 Tax Amount $8,788 Change Rate Assessed CR Tax Rate +0.070611%
Year 2024 Assessed Value $114,633 Land Value $25,904 Improvement Value $88,729 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $103,562 Land Value $23,402 Improvement Value $80,160 Tax Amount $8,056.44 Change Rate +0.062193% Assessed CR Tax Rate +0.077793%
Year 2022 Assessed Value $93,471 Land Value $21,339 Improvement Value $72,132 Tax Amount $7,584.72 Change Rate +0.044555% Assessed CR Tax Rate +0.081145%
Year 2021 Assessed Value $87,388 Land Value $19,950 Improvement Value $67,438 Tax Amount $7,261.2 Change Rate +0.028289% Assessed CR Tax Rate +0.083091%
Year 2020 Assessed Value $83,425 Land Value $19,045 Improvement Value $64,380 Tax Amount $7,061.44 Change Rate +0.029112% Assessed CR Tax Rate +0.084644%
Year 2019 Assessed Value $79,468 Land Value $18,142 Improvement Value $61,326 Tax Amount $6,861.68 Change Rate +0.077319% Assessed CR Tax Rate +0.086345%
Year 2018 Assessed Value $71,131 Land Value $17,091 Improvement Value $54,040 Tax Amount $6,369.22 Change Rate -0.989889% Assessed CR Tax Rate +0.089542%
Year 2017 Assessed Value $67,244 Land Value $16,157 Improvement Value $51,087 Tax Amount $629,916.88 Change Rate +93.67807% Assessed CR Tax Rate +9.36763%
Year 2016 Assessed Value $62,384 Land Value $14,989 Improvement Value $47,395 Tax Amount $6,653.25 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $57,181 Land Value $13,739 Improvement Value $43,442 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $56,475 Land Value $13,569 Improvement Value $42,906 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $57,965 Land Value $13,927 Improvement Value $44,038 Tax Amount Change Rate Assessed CR Tax Rate