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282 Governors Ln; Elgin, IL Property Details

282 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 282 Governors Ln has 2 bedrooms, and 2 bathrooms, and a total of 1,542 square feet. The lot size of 282 Governors Ln is 3,215 square feet.

Off market
282 Governors Ln Elgin, IL 60123
$105,066 Estimated Value
2 Beds
2 Baths
1,542 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1988
  • Purchase Price: $190,000
  • Est. Equity / %: $354,000 / 100%
  • Gross Yield: 8.831%
  • APN: 06-16-227-043
  • Situs County: Kane
  • Length Of Ownership: 25 years, 1 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,542/SqFt
  • Lot: 3,215/SqFt
  • Gross: 2,782/SqFt
  • Living: 1,542/SqFt
  • Basement: 1,240/SqFt
  • Building: 2,782/SqFt
  • Ground: 1,542/SqFt
  • Price Per Square Foot: $123.22

Legal Description

  • Description: WILLIAMSBURG TERRACE THE NORTHERLY 51.85 FT OF LOT 6
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: 42.04134 / -88.32577
  • 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

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

Taxes

282 Governors Ln has 10 associated Taxes items

282 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 $105,066. The APN we've located for 282 Governors Ln is 06-16-227-043.

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Taxes
  • Assessed Value:  $105,066
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-16-227-043
  • Assessed Land Value:  30967
  • Market Land Value:  92938
  • Tax Amount:  6794.92
  • Tax Year:  2025
  • Market Value:  315324
  • Market Year:  2025

Tax History

282 Governors Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $105,066 Land Value $30,967 Improvement Value $74,099 Tax Amount $6,794.92 Change Rate Assessed CR Tax Rate +0.064673%
Year 2024 Assessed Value $96,773 Land Value $28,523 Improvement Value $68,250 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $87,427 Land Value $25,768 Improvement Value $61,659 Tax Amount $5,431.66 Change Rate -0.088437% Assessed CR Tax Rate +0.062128%
Year 2022 Assessed Value $79,718 Land Value $23,496 Improvement Value $56,222 Tax Amount $5,958.62 Change Rate +0.051263% Assessed CR Tax Rate +0.074746%
Year 2021 Assessed Value $74,531 Land Value $21,967 Improvement Value $52,564 Tax Amount $5,668.06 Change Rate +0.03319% Assessed CR Tax Rate +0.07605%
Year 2020 Assessed Value $71,151 Land Value $20,971 Improvement Value $50,180 Tax Amount $5,485.98 Change Rate +0.034564% Assessed CR Tax Rate +0.077103%
Year 2019 Assessed Value $67,776 Land Value $19,976 Improvement Value $47,800 Tax Amount $5,302.7 Change Rate +0.029447% Assessed CR Tax Rate +0.078239%
Year 2018 Assessed Value $63,850 Land Value $18,819 Improvement Value $45,031 Tax Amount $5,151.02 Change Rate -0.989854% Assessed CR Tax Rate +0.080674%
Year 2017 Assessed Value $60,361 Land Value $17,791 Improvement Value $42,570 Tax Amount $507,695.91 Change Rate +84.01001% Assessed CR Tax Rate +8.410992%
Year 2016 Assessed Value $55,998 Land Value $16,505 Improvement Value $39,493 Tax Amount $5,972.19 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $51,327 Land Value $15,128 Improvement Value $36,199 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $45,872 Land Value $14,941 Improvement Value $30,931 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $47,082 Land Value $15,335 Improvement Value $31,747 Tax Amount Change Rate Assessed CR Tax Rate