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283 Governors Ln; Elgin, IL Property Details

283 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 283 Governors Ln has 2 bedrooms, and 2 bathrooms, and a total of 1,828 square feet. The lot size of 283 Governors Ln is 3,328 square feet.

Off market
283 Governors Ln Elgin, IL 60123
$459,000 Listing Price
2 Beds
2 Baths
1,828 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1988
  • Purchase Price: $459,000
  • Est. Equity / %: $455,000 / 100%
  • Gross Yield: 8.985%
  • APN: 06-16-227-040
  • Situs County: Kane
  • Length Of Ownership: 2 years, 1 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,828/SqFt
  • Lot: 3,328/SqFt
  • Gross: 3,194/SqFt
  • Living: 1,828/SqFt
  • Basement: 1,366/SqFt
  • Building: 3,194/SqFt
  • Ground: 1,828/SqFt
  • Price Per Square Foot: $251.09

Legal Description

  • Description: WILLIAMSBURG TERRACE - NELY 52 FT OF LOT 3
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: 42.041122 / -88.325356
  • 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

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

Taxes

283 Governors Ln has 10 associated Taxes items

283 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 $112,593. The APN we've located for 283 Governors Ln is 06-16-227-040.

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Taxes
  • Assessed Value:  $112,593
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-16-227-040
  • Assessed Land Value:  30967
  • Market Land Value:  92938
  • Tax Amount:  7369.16
  • Tax Year:  2025
  • Market Value:  337914
  • Market Year:  2025

Tax History

283 Governors Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $112,593 Land Value $30,967 Improvement Value $81,626 Tax Amount $7,369.16 Change Rate Assessed CR Tax Rate +0.06545%
Year 2024 Assessed Value $103,706 Land Value $28,523 Improvement Value $75,183 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $93,690 Land Value $25,768 Improvement Value $67,922 Tax Amount $7,304.66 Change Rate +0.060583% Assessed CR Tax Rate +0.077966%
Year 2022 Assessed Value $85,429 Land Value $23,496 Improvement Value $61,933 Tax Amount $6,887.4 Change Rate +0.045056% Assessed CR Tax Rate +0.080621%
Year 2021 Assessed Value $79,870 Land Value $21,967 Improvement Value $57,903 Tax Amount $6,590.46 Change Rate +0.028657% Assessed CR Tax Rate +0.082515%
Year 2020 Assessed Value $76,248 Land Value $20,971 Improvement Value $55,277 Tax Amount $6,406.86 Change Rate +0.029525% Assessed CR Tax Rate +0.084027%
Year 2019 Assessed Value $72,631 Land Value $19,976 Improvement Value $52,655 Tax Amount $6,223.12 Change Rate +0.019557% Assessed CR Tax Rate +0.085681%
Year 2018 Assessed Value $68,423 Land Value $18,819 Improvement Value $49,604 Tax Amount $6,103.75 Change Rate -0.989888% Assessed CR Tax Rate +0.089206%
Year 2017 Assessed Value $64,685 Land Value $17,791 Improvement Value $46,894 Tax Amount $603,596.62 Change Rate +93.31094% Assessed CR Tax Rate +9.331323%
Year 2016 Assessed Value $60,010 Land Value $16,505 Improvement Value $43,505 Tax Amount $6,400.07 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $55,004 Land Value $15,128 Improvement Value $39,876 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $49,366 Land Value $14,941 Improvement Value $34,425 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $50,668 Land Value $15,335 Improvement Value $35,333 Tax Amount Change Rate Assessed CR Tax Rate