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361 Cornell Ln; Elgin, IL Property Details

361 Cornell Ln, Elgin, IL is a Single Family that was built in 1975. This property is currently Financed and is not for sale. Our records show that 361 Cornell Ln has 4 bedrooms, and 2.5 bathrooms, and a total of 1,428 square feet. The lot size of 361 Cornell Ln is 7,700 square feet.

Off market
361 Cornell Ln Elgin, IL 60123
$300,000 Listing Price
4 Beds
2.5 Baths
1,428 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1975
  • Purchase Price: $300,000
  • Open Loans / Balance: 1 / $287,273
  • Est. Equity / %: $43,727 / 13.21%
  • Gross Yield: 8.69%
  • APN: 06-21-258-060
  • Situs County: Kane
  • Length Of Ownership: 1 year, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 5
  • Water Source: Municipal

Measurements

  • Total: 1,428/SqFt
  • Lot: 7,700/SqFt
  • Gross: 2,380/SqFt
  • Living: 1,428/SqFt
  • Basement: 952/SqFt
  • Building: 2,380/SqFt
  • Price Per Square Foot: $210.08

Legal Description

  • Description: COLLEGE PARK UNIT 4 LOT 147
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: 42.023254 / -88.32843
  • 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

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

Taxes

361 Cornell Ln has 10 associated Taxes items

361 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 $90,578. The APN we've located for 361 Cornell Ln is 06-21-258-060.

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Taxes
  • Assessed Value:  $90,578
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-21-258-060
  • Assessed Land Value:  21976
  • Market Land Value:  65954
  • Tax Amount:  6299.94
  • Tax Year:  2025
  • Market Value:  271843
  • Market Year:  2025

Tax History

361 Cornell Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $90,578 Land Value $21,976 Improvement Value $68,602 Tax Amount $6,299.94 Change Rate Assessed CR Tax Rate +0.069553%
Year 2024 Assessed Value $83,428 Land Value $20,241 Improvement Value $63,187 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $75,371 Land Value $18,286 Improvement Value $57,085 Tax Amount $5,743.06 Change Rate +0.055892% Assessed CR Tax Rate +0.076197%
Year 2022 Assessed Value $68,726 Land Value $16,674 Improvement Value $52,052 Tax Amount $5,439.06 Change Rate +0.046525% Assessed CR Tax Rate +0.079141%
Year 2021 Assessed Value $64,254 Land Value $15,589 Improvement Value $48,665 Tax Amount $5,197.26 Change Rate +0.029731% Assessed CR Tax Rate +0.080886%
Year 2020 Assessed Value $61,340 Land Value $14,882 Improvement Value $46,458 Tax Amount $5,047.2 Change Rate +0.030714% Assessed CR Tax Rate +0.082282%
Year 2019 Assessed Value $58,430 Land Value $14,176 Improvement Value $44,254 Tax Amount $4,896.8 Change Rate +0.054672% Assessed CR Tax Rate +0.083806%
Year 2018 Assessed Value $52,962 Land Value $13,355 Improvement Value $39,607 Tax Amount $4,642.96 Change Rate -0.989756% Assessed CR Tax Rate +0.087666%
Year 2017 Assessed Value $50,068 Land Value $12,625 Improvement Value $37,443 Tax Amount $453,255.47 Change Rate +90.49486% Assessed CR Tax Rate +9.052798%
Year 2016 Assessed Value $46,450 Land Value $11,713 Improvement Value $34,737 Tax Amount $4,953.89 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $42,576 Land Value $10,736 Improvement Value $31,840 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $42,050 Land Value $10,603 Improvement Value $31,447 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $43,159 Land Value $10,883 Improvement Value $32,276 Tax Amount Change Rate Assessed CR Tax Rate