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1989 Banks Dr; Elgin, IL Property Details

1989 Banks Dr, Elgin, IL is a Residential General that was built in 1979. This property is currently Financed and is not for sale. Our records show that 1989 Banks Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 1,840 square feet. The lot size of 1989 Banks Dr is 10,319 square feet.

Off market
1989 Banks Dr Elgin, IL 60123
$114,646 Estimated Value
4 Beds
2.5 Baths
1,840 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1979
  • Purchase Price: $162,000
  • Open Loans / Balance: 1 / $49,471
  • Est. Equity / %: $343,529 / 87.41%
  • Gross Yield: 10.556%
  • APN: 06-04-422-003
  • Situs County: Kane
  • Length Of Ownership: 29 years, 3 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,840/SqFt
  • Lot: 10,319/SqFt
  • Gross: 2,620/SqFt
  • Living: 1,840/SqFt
  • Basement: 780/SqFt
  • Building: 2,620/SqFt
  • Price Per Square Foot: $88.04

Legal Description

  • Description: CENTURY OAKS WEST UNIT 5 LOT 305
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.06543 / -88.326614
  • Subdivision: Century Oaks West
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 1209
  • Cooling: Yes
  • 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: Condo Owner Association

Ownership Info

1989 Banks Dr has no associated ownership info
1989 Banks Dr has no associated ownership info.

Taxes

1989 Banks Dr has 10 associated Taxes items

1989 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 $114,646. The APN we've located for 1989 Banks Dr is 06-04-422-003.

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Taxes
  • Assessed Value:  $114,646
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-04-422-003
  • Assessed Land Value:  28368
  • Market Land Value:  85138
  • Tax Amount:  8746.42
  • Tax Year:  2025
  • Market Value:  344076
  • Market Year:  2025

Tax History

1989 Banks Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $114,646 Land Value $28,368 Improvement Value $86,278 Tax Amount $8,746.42 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $105,597 Land Value $26,129 Improvement Value $79,468 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $95,399 Land Value $23,606 Improvement Value $71,793 Tax Amount $8,132.32 Change Rate +0.078151% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $86,988 Land Value $21,525 Improvement Value $65,463 Tax Amount $7,542.84 Change Rate +0.039566% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $81,327 Land Value $20,124 Improvement Value $61,203 Tax Amount $7,255.76 Change Rate +0.024686% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $77,639 Land Value $19,211 Improvement Value $58,428 Tax Amount $7,080.96 Change Rate +0.025147% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $73,956 Land Value $18,300 Improvement Value $55,656 Tax Amount $6,907.26 Change Rate +0.039036% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $67,800 Land Value $17,240 Improvement Value $50,560 Tax Amount $6,647.76 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $64,095 Land Value $16,298 Improvement Value $47,797 Tax Amount $659,240.5 Change Rate +102.95279% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $59,463 Land Value $15,120 Improvement Value $44,343 Tax Amount $6,341.73 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $54,503 Land Value $13,859 Improvement Value $40,644 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $53,830 Land Value $13,688 Improvement Value $40,142 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $55,250 Land Value $14,049 Improvement Value $41,201 Tax Amount Change Rate Assessed CR Tax Rate