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281 Governors Ln; Elgin, IL Property Details

281 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 281 Governors Ln has 3 bedrooms, and 3 bathrooms, and a total of 1,858 square feet. The lot size of 281 Governors Ln is 3,840 square feet.

Off market
281 Governors Ln Elgin, IL 60123
$424,900 Listing Price
3 Beds
3 Baths
1,858 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $350,000
  • Est. Equity / %: $380,000 / 100%
  • Gross Yield: 8.466%
  • APN: 06-16-227-041
  • Situs County: Kane
  • Length Of Ownership: 4 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,858/SqFt
  • Lot: 3,840/SqFt
  • Gross: 3,246/SqFt
  • Living: 1,858/SqFt
  • Basement: 1,388/SqFt
  • Building: 3,246/SqFt
  • Ground: 1,858/SqFt
  • Price Per Square Foot: $188.37

Legal Description

  • Description: WILLIAMSBURG TERRACE LOT 3 (EXCEPT THE NORTHEAST 52 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: 42.041016 / -88.3255
  • Subdivision: Williamsburg Terrace
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6809
  • Cooling: Yes
  • 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

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

Taxes

281 Governors Ln has 10 associated Taxes items

281 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 $115,643. The APN we've located for 281 Governors Ln is 06-16-227-041.

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Taxes
  • Assessed Value:  $115,643
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-16-227-041
  • Assessed Land Value:  30967
  • Market Land Value:  92938
  • Tax Amount:  8212.16
  • Tax Year:  2025
  • Market Value:  347068
  • Market Year:  2025

Tax History

281 Governors Ln has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $115,643 Land Value $30,967 Improvement Value $84,676 Tax Amount $8,212.16 Change Rate Assessed CR Tax Rate +0.071013%
Year 2024 Assessed Value $106,515 Land Value $28,523 Improvement Value $77,992 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $96,228 Land Value $25,768 Improvement Value $70,460 Tax Amount $7,521.02 Change Rate +0.061086% Assessed CR Tax Rate +0.078158%
Year 2022 Assessed Value $87,743 Land Value $23,496 Improvement Value $64,247 Tax Amount $7,088.04 Change Rate +0.044903% Assessed CR Tax Rate +0.080782%
Year 2021 Assessed Value $82,033 Land Value $21,967 Improvement Value $60,066 Tax Amount $6,783.44 Change Rate +0.028542% Assessed CR Tax Rate +0.082692%
Year 2020 Assessed Value $78,313 Land Value $20,971 Improvement Value $57,342 Tax Amount $6,595.2 Change Rate +0.0294% Assessed CR Tax Rate +0.084216%
Year 2019 Assessed Value $74,598 Land Value $19,976 Improvement Value $54,622 Tax Amount $6,406.84 Change Rate +0.019323% Assessed CR Tax Rate +0.085885%
Year 2018 Assessed Value $70,276 Land Value $18,819 Improvement Value $51,457 Tax Amount $6,285.39 Change Rate -0.989888% Assessed CR Tax Rate +0.089439%
Year 2017 Assessed Value $66,436 Land Value $17,791 Improvement Value $48,645 Tax Amount $621,606.31 Change Rate +93.565765% Assessed CR Tax Rate +9.356468%
Year 2016 Assessed Value $61,634 Land Value $16,505 Improvement Value $45,129 Tax Amount $6,573.27 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $56,493 Land Value $15,128 Improvement Value $41,365 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $50,366 Land Value $14,941 Improvement Value $35,425 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $51,694 Land Value $15,335 Improvement Value $36,359 Tax Amount Change Rate Assessed CR Tax Rate
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