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347 Cornell Ln; Elgin, IL Property Details

347 Cornell Ln, Elgin, IL is a Single Family that was built in 1976. This property is currently Financed and is not for sale. Our records show that 347 Cornell Ln has 3 bedrooms, and 1.5 bathrooms, and a total of 978 square feet. The lot size of 347 Cornell Ln is 10,373 square feet.

Off market  •   Pre Probate ✓
347 Cornell Ln Elgin, IL 60123
$170,000 Listing Price
3 Beds
1.5 Baths
978 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1976
  • Purchase Price: $170,000
  • Open Loans / Balance: 1 / $103,518
  • Est. Equity / %: $234,482 / 69.37%
  • Gross Yield: 9.149%
  • APN: 06-21-258-056
  • Situs County: Kane
  • Length Of Ownership: 11 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 5
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 978/SqFt
  • Lot: 10,373/SqFt
  • Gross: 1,956/SqFt
  • Living: 978/SqFt
  • Basement: 978/SqFt
  • Building: 1,956/SqFt
  • Ground: 978/SqFt
  • Price Per Square Foot: $173.82

Legal Description

  • Description: COLLEGE PARK UNIT 4 LOT 151
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: 42.023952 / -88.328705
  • Subdivision: College Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6909
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $100
  • H O A Amount: $100
  • H O A One Frequency: Annual
  • H O A One Name: Heartland Meadows Duplex Homeowners Asso
  • H O A One Type: Home Owner Association

Ownership Info

347 Cornell Ln has no associated ownership info
347 Cornell Ln has no associated ownership info.

Taxes

347 Cornell Ln has 10 associated Taxes items

347 Cornell 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 $86,554. The APN we've located for 347 Cornell Ln is 06-21-258-056.

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Taxes
  • Assessed Value:  $86,554
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-21-258-056
  • Assessed Land Value:  23194
  • Market Land Value:  69610
  • Tax Amount:  5992.94
  • Tax Year:  2025
  • Market Value:  259766
  • Market Year:  2025

Tax History

347 Cornell Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,554 Land Value $23,194 Improvement Value $63,360 Tax Amount $5,992.94 Change Rate Assessed CR Tax Rate +0.069239%
Year 2024 Assessed Value $79,722 Land Value $21,363 Improvement Value $58,359 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $72,023 Land Value $19,300 Improvement Value $52,723 Tax Amount $5,457.66 Change Rate +0.054775% Assessed CR Tax Rate +0.075777%
Year 2022 Assessed Value $65,672 Land Value $17,598 Improvement Value $48,074 Tax Amount $5,174.24 Change Rate +0.046879% Assessed CR Tax Rate +0.078789%
Year 2021 Assessed Value $61,399 Land Value $16,453 Improvement Value $44,946 Tax Amount $4,942.54 Change Rate +0.029979% Assessed CR Tax Rate +0.080499%
Year 2020 Assessed Value $58,615 Land Value $15,707 Improvement Value $42,908 Tax Amount $4,798.68 Change Rate +0.03099% Assessed CR Tax Rate +0.081868%
Year 2019 Assessed Value $55,835 Land Value $14,962 Improvement Value $40,873 Tax Amount $4,654.44 Change Rate +0.068758% Assessed CR Tax Rate +0.083361%
Year 2018 Assessed Value $50,588 Land Value $14,095 Improvement Value $36,493 Tax Amount $4,355 Change Rate -0.989876% Assessed CR Tax Rate +0.086088%
Year 2017 Assessed Value $47,824 Land Value $13,325 Improvement Value $34,499 Tax Amount $430,175.12 Change Rate +89.91056% Assessed CR Tax Rate +8.994963%
Year 2016 Assessed Value $44,368 Land Value $12,362 Improvement Value $32,006 Tax Amount $4,731.85 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $40,667 Land Value $11,331 Improvement Value $29,336 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $40,165 Land Value $11,191 Improvement Value $28,974 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $41,224 Land Value $11,486 Improvement Value $29,738 Tax Amount Change Rate Assessed CR Tax Rate