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2440 Alft Ln; Elgin, IL Property Details

2440 Alft Ln, Elgin, IL is a General. This property is currently a cash purchase and is not for sale.

Off market
2440 Alft Ln Elgin, IL 60124
$1,025,000 Listing Price
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Purchase Price: $1,025,000
  • Open Loans / Balance: 1 / $7,231,293
  • APN: 03-31-277-070
  • Situs County: Kane
  • Length Of Ownership: 4 years, 9 months

Legal Description

  • Description: CLAYMART SUB LT 2 (EX PT DESC IN DOC 2023K039117 FOR RD ROW)
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Community Unit School District 300
  • Lat / Lon: 42.075993 / -88.33942
  • Subdivision: Claymart Sub
  • Property Class: Commercial
  • County Use Code: 0060

Amenities

  • Plus Four: 7864

Ownership Info

2440 Alft Ln has no associated ownership info
2440 Alft Ln has no associated ownership info.

Taxes

2440 Alft Ln has 10 associated Taxes items

2440 Alft Ln, 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 $3,331,146. The APN we've located for 2440 Alft Ln is 03-31-277-070.

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Taxes
  • Assessed Value:  $3,331,146
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-31-277-070
  • Assessed Land Value:  591570
  • Market Land Value:  1775420
  • Tax Amount:  249403.84
  • Tax Year:  2025
  • Market Value:  9997437
  • Market Year:  2025

Tax History

2440 Alft Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $3,331,146 Land Value $591,570 Improvement Value $2,739,576 Tax Amount $249,403.84 Change Rate Assessed CR Tax Rate +0.07487%
Year 2024 Assessed Value $3,156,988 Land Value $540,642 Improvement Value $2,616,346 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $904,205 Land Value $521,962 Improvement Value $382,243 Tax Amount $75,165.44 Change Rate +0.703943% Assessed CR Tax Rate +0.083129%
Year 2022 Assessed Value $521,962 Land Value $521,962 Improvement Value Tax Amount $44,112.64 Change Rate +0.01167% Assessed CR Tax Rate +0.084513%
Year 2021 Assessed Value $492,835 Land Value $492,835 Improvement Value Tax Amount $43,603.8 Change Rate +0.012414% Assessed CR Tax Rate +0.088475%
Year 2020 Assessed Value $481,755 Land Value $481,755 Improvement Value Tax Amount $43,069.12 Change Rate +0.01748% Assessed CR Tax Rate +0.0894%
Year 2019 Assessed Value $457,333 Land Value $457,333 Improvement Value Tax Amount $42,329.22 Change Rate -0.011402% Assessed CR Tax Rate +0.092557%
Year 2018 Assessed Value $448,278 Land Value $448,278 Improvement Value Tax Amount $42,817.41 Change Rate -0.989842% Assessed CR Tax Rate +0.095515%
Year 2017 Assessed Value $419,343 Land Value $419,343 Improvement Value Tax Amount $4,215,181.5 Change Rate +96.32427% Assessed CR Tax Rate +10.05187%
Year 2016 Assessed Value $406,025 Land Value $406,025 Improvement Value Tax Amount $43,310.69 Change Rate Assessed CR Tax Rate +0.10667%
Year 2015 Assessed Value $380,458 Land Value $380,458 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $369,951 Land Value $369,951 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $381,275 Land Value $381,275 Improvement Value Tax Amount Change Rate Assessed CR Tax Rate