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2500 Watermark Ter; Elgin, IL Property Details

2500 Watermark Ter, Elgin, IL is a Commercial Vacant Land. This property is not for sale.

Off market
2500 Watermark Ter Elgin, IL 60124
$18,986,101 Estimated Value
Property Details

Summary

  • Owners / Type: 2 / Mixed
  • Owner Status: Mixed
  • APN: 03-30-227-056
  • Situs County: Kane

Legal Description

  • Description: WATERMARK AT THE GROVE LT 2
Building Insights

Land Information

  • Property Type: Commercial Vacant Land
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Community Unit School District 300
  • Lat / Lon: 42.09559 / -88.337074
  • Subdivision: The Grove
  • Property Class: Vacant
  • County Use Code: 0050

Amenities

  • Plus Four: 3002

Ownership Info

2500 Watermark Ter has no associated ownership info
2500 Watermark Ter has no associated ownership info.

Taxes

2500 Watermark Ter has 10 associated Taxes items

2500 Watermark Ter, 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 $18,986,101. The APN we've located for 2500 Watermark Ter is 03-30-227-056.

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Taxes
  • Assessed Value:  $18,986,101
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-30-227-056
  • Assessed Land Value:  1731414
  • Market Land Value:  5196321
  • Tax Amount:  1421494.7
  • Tax Year:  2025
  • Market Value:  56981095
  • Market Year:  2025

Tax History

2500 Watermark Ter has 8 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $18,986,101 Land Value $1,731,414 Improvement Value $17,254,687 Tax Amount $1,421,494.75 Change Rate Assessed CR Tax Rate +0.07487%
Year 2024 Assessed Value $17,764,223 Land Value $1,582,356 Improvement Value $16,181,867 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $20,207,979 Land Value $1,423,750 Improvement Value $18,784,229 Tax Amount $1,679,864.25 Change Rate +0.355383% Assessed CR Tax Rate +0.083129%
Year 2022 Assessed Value $14,665,200 Land Value $1,423,750 Improvement Value $13,241,450 Tax Amount $1,239,401.88 Change Rate +0.167486% Assessed CR Tax Rate +0.084513%
Year 2021 Assessed Value $11,998,800 Land Value $1,344,302 Improvement Value $10,654,498 Tax Amount $1,061,599.25 Change Rate +0.04403% Assessed CR Tax Rate +0.088475%
Year 2020 Assessed Value $11,373,864 Land Value $1,314,078 Improvement Value $10,059,786 Tax Amount $1,016,828.56 Change Rate +1.912607% Assessed CR Tax Rate +0.0894%
Year 2019 Assessed Value $3,771,883 Land Value $1,247,463 Improvement Value $2,524,420 Tax Amount $349,112.91 Change Rate +3.258876% Assessed CR Tax Rate +0.092557%
Year 2018 Assessed Value $845,082 Land Value $845,082 Improvement Value Tax Amount $81,973.02 Change Rate Assessed CR Tax Rate +0.097%