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271 Governors Ln; Elgin, IL Property Details

271 Governors Ln, Elgin, IL is a Single Family that was built in 1988. This property is currently a cash purchase and is not for sale. Our records show that 271 Governors Ln has 2 bedrooms, and 2 bathrooms, and a total of 1,821 square feet. The lot size of 271 Governors Ln is 2,950 square feet.

Off market
271 Governors Ln Elgin, IL 60123
$113,600 Estimated Value
2 Beds
2 Baths
1,821 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $215,000
  • Est. Equity / %: $357,000 / 100%
  • Gross Yield: 9.287%
  • APN: 06-16-227-047
  • Situs County: Kane
  • Length Of Ownership: 23 years, 8 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,821/SqFt
  • Lot: 2,950/SqFt
  • Gross: 3,180/SqFt
  • Living: 1,821/SqFt
  • Basement: 1,359/SqFt
  • Building: 3,180/SqFt
  • Ground: 1,821/SqFt
  • Price Per Square Foot: $118.07

Legal Description

  • Description: WILLIAMSBURG TERRACE LOT 1 (EXCEPT THE NORTHEASTERLY 67.3 FT)
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: 42.04056 / -88.326355
  • Subdivision: Williamsburg Terrace
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6809
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $185
  • H O A Amount: $185
  • H O A One Frequency: Monthly
  • H O A One Name: Williamsburg Terrace Homeowners Association
  • H O A One Type: Home Owner Association

Ownership Info

271 Governors Ln has no associated ownership info
271 Governors Ln has no associated ownership info.

Taxes

271 Governors Ln has 10 associated Taxes items

271 Governors 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 $113,600. The APN we've located for 271 Governors Ln is 06-16-227-047.

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Taxes
  • Assessed Value:  $113,600
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-16-227-047
  • Assessed Land Value:  30967
  • Market Land Value:  92938
  • Tax Amount:  7445.98
  • Tax Year:  2025
  • Market Value:  340936
  • Market Year:  2025

Tax History

271 Governors Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $113,600 Land Value $30,967 Improvement Value $82,633 Tax Amount $7,445.98 Change Rate Assessed CR Tax Rate +0.065546%
Year 2024 Assessed Value $104,633 Land Value $28,523 Improvement Value $76,110 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $94,528 Land Value $25,768 Improvement Value $68,760 Tax Amount $6,694.14 Change Rate +0.026696% Assessed CR Tax Rate +0.070816%
Year 2022 Assessed Value $86,193 Land Value $23,496 Improvement Value $62,697 Tax Amount $6,520.08 Change Rate +0.050257% Assessed CR Tax Rate +0.075645%
Year 2021 Assessed Value $80,584 Land Value $21,967 Improvement Value $58,617 Tax Amount $6,208.08 Change Rate +0.032433% Assessed CR Tax Rate +0.077039%
Year 2020 Assessed Value $76,930 Land Value $20,971 Improvement Value $55,959 Tax Amount $6,013.06 Change Rate +0.033747% Assessed CR Tax Rate +0.078163%
Year 2019 Assessed Value $73,280 Land Value $19,976 Improvement Value $53,304 Tax Amount $5,816.76 Change Rate +0.013779% Assessed CR Tax Rate +0.079377%
Year 2018 Assessed Value $69,035 Land Value $18,819 Improvement Value $50,216 Tax Amount $5,737.7 Change Rate -0.989719% Assessed CR Tax Rate +0.083113%
Year 2017 Assessed Value $65,263 Land Value $17,791 Improvement Value $47,472 Tax Amount $558,114.75 Change Rate +85.43253% Assessed CR Tax Rate +8.551779%
Year 2016 Assessed Value $60,546 Land Value $16,505 Improvement Value $44,041 Tax Amount $6,457.23 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $55,496 Land Value $15,128 Improvement Value $40,368 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $48,543 Land Value $14,941 Improvement Value $33,602 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $49,823 Land Value $15,335 Improvement Value $34,488 Tax Amount Change Rate Assessed CR Tax Rate