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355 Cornell Ln; Elgin, IL Property Details

355 Cornell Ln, Elgin, IL is a Residential General that was built in 1976. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 355 Cornell Ln has 4 bedrooms, and 2 bathrooms, and a total of 1,428 square feet. The lot size of 355 Cornell Ln is 7,866 square feet.

Off market
355 Cornell Ln Elgin, IL 60123
$89,625 Estimated Value
4 Beds
2 Baths
1,428 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1976
  • Purchase Price: $113,000
  • Open Loans / Balance: 1 / $165,132
  • Est. Equity / %: $164,868 / 49.96%
  • Gross Yield: 8.844%
  • APN: 06-21-258-058
  • Situs County: Kane
  • Length Of Ownership: 16 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Building Style: Frame
  • Stories: 5
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,428/SqFt
  • Lot: 7,866/SqFt
  • Gross: 2,380/SqFt
  • Living: 1,428/SqFt
  • Basement: 952/SqFt
  • Building: 2,380/SqFt
  • Price Per Square Foot: $79.13

Legal Description

  • Description: COLLEGE PARK UNIT 4 LOT 149
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.023643 / -88.32839
  • 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: Condo  Owner Association

Ownership Info

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

Taxes

355 Cornell Ln has 10 associated Taxes items

355 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 $89,625. The APN we've located for 355 Cornell Ln is 06-21-258-058.

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Taxes
  • Assessed Value:  $89,625
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-21-258-058
  • Assessed Land Value:  21976
  • Market Land Value:  65954
  • Tax Amount:  6837.56
  • Tax Year:  2025
  • Market Value:  268983
  • Market Year:  2025

Tax History

355 Cornell Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $89,625 Land Value $21,976 Improvement Value $67,649 Tax Amount $6,837.56 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $82,550 Land Value $20,241 Improvement Value $62,309 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $74,577 Land Value $18,286 Improvement Value $56,291 Tax Amount $6,357.34 Change Rate +0.078148% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $68,002 Land Value $16,674 Improvement Value $51,328 Tax Amount $5,896.54 Change Rate +0.039558% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $63,577 Land Value $15,589 Improvement Value $47,988 Tax Amount $5,672.16 Change Rate +0.024684% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $60,694 Land Value $14,882 Improvement Value $45,812 Tax Amount $5,535.52 Change Rate +0.025146% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $57,815 Land Value $14,176 Improvement Value $43,639 Tax Amount $5,399.74 Change Rate +0.067045% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $51,611 Land Value $13,355 Improvement Value $38,256 Tax Amount $5,060.46 Change Rate -0.989916% Assessed CR Tax Rate +0.09805%
Year 2017 Assessed Value $48,791 Land Value $12,625 Improvement Value $36,166 Tax Amount $501,833.25 Change Rate +102.95281% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $45,265 Land Value $11,713 Improvement Value $33,552 Tax Amount $4,827.51 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $41,489 Land Value $10,736 Improvement Value $30,753 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $40,976 Land Value $10,603 Improvement Value $30,373 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $42,057 Land Value $10,883 Improvement Value $31,174 Tax Amount Change Rate Assessed CR Tax Rate