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291 Governors Ln; Elgin, IL Property Details

291 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 291 Governors Ln has 2 bedrooms, and 2 bathrooms, and a total of 1,858 square feet. The lot size of 291 Governors Ln is 4,168 square feet.

Off market
291 Governors Ln Elgin, IL 60123
$114,595 Estimated Value
2 Beds
2 Baths
1,858 SqFt
Property Type
Single Family
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Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1988
  • Purchase Price: $174,000
  • Est. Equity / %: $424,000 / 100%
  • Gross Yield: 7.862%
  • APN: 06-16-227-045
  • Situs County: Kane
  • Length Of Ownership: 14 years, 6 months

Rooms

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

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,858/SqFt
  • Lot: 4,168/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: $93.65

Legal Description

  • Description: WILLIAMSBURG TERRACE LOT 4 NORTHEAST 1/4 SEC 16-41-8 (EXCEPT NORTHEASTERLY 56.46 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: 42.04128 / -88.32512
  • 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

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

Taxes

291 Governors Ln has 10 associated Taxes items

291 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 $114,595. The APN we've located for 291 Governors Ln is 06-16-227-045.

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Taxes
  • Assessed Value:  $114,595
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-16-227-045
  • Assessed Land Value:  30967
  • Market Land Value:  92938
  • Tax Amount:  7521.88
  • Tax Year:  2025
  • Market Value:  343923
  • Market Year:  2025

Tax History

291 Governors Ln has 13 associated Tax History items

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YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $114,595 Land Value $30,967 Improvement Value $83,628 Tax Amount $7,521.88 Change Rate Assessed CR Tax Rate +0.065639%
Year 2024 Assessed Value $105,550 Land Value $28,523 Improvement Value $77,027 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $95,356 Land Value $25,768 Improvement Value $69,588 Tax Amount $6,764.72 Change Rate +0.027205% Assessed CR Tax Rate +0.070942%
Year 2022 Assessed Value $86,948 Land Value $23,496 Improvement Value $63,452 Tax Amount $6,585.56 Change Rate +0.050148% Assessed CR Tax Rate +0.075741%
Year 2021 Assessed Value $81,290 Land Value $21,967 Improvement Value $59,323 Tax Amount $6,271.08 Change Rate +0.032358% Assessed CR Tax Rate +0.077145%
Year 2020 Assessed Value $77,604 Land Value $20,971 Improvement Value $56,633 Tax Amount $6,074.52 Change Rate +0.033658% Assessed CR Tax Rate +0.078276%
Year 2019 Assessed Value $73,922 Land Value $19,976 Improvement Value $53,946 Tax Amount $5,876.72 Change Rate +0.814508% Assessed CR Tax Rate +0.079499%
Year 2018 Assessed Value $69,640 Land Value $18,819 Improvement Value $50,821 Tax Amount $3,238.74 Change Rate -0.994258% Assessed CR Tax Rate +0.046507%
Year 2017 Assessed Value $65,835 Land Value $17,791 Improvement Value $48,044 Tax Amount $563,998 Change Rate +85.5843% Assessed CR Tax Rate +8.566841%
Year 2016 Assessed Value $61,077 Land Value $16,505 Improvement Value $44,572 Tax Amount $6,513.86 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $55,982 Land Value $15,128 Improvement Value $40,854 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $50,618 Land Value $14,941 Improvement Value $35,677 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $51,953 Land Value $15,335 Improvement Value $36,618 Tax Amount Change Rate Assessed CR Tax Rate
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