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370 Cornell Ln; Elgin, IL Property Details

370 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 370 Cornell Ln has 4 bedrooms, and 1.5 bathrooms, and a total of 1,428 square feet. The lot size of 370 Cornell Ln is 7,707 square feet.

Off market
370 Cornell Ln Elgin, IL 60123
$199,900 Listing Price
4 Beds
1.5 Baths
1,428 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1975
  • Purchase Price: $202,500
  • Open Loans / Balance: 1 / $243,340
  • Est. Equity / %: $91,660 / 27.36%
  • Gross Yield: 8.901%
  • APN: 06-21-259-010
  • Situs County: Kane
  • Length Of Ownership: 8 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 5

Measurements

  • Total: 1,428/SqFt
  • Lot: 7,707/SqFt
  • Gross: 2,380/SqFt
  • Living: 1,428/SqFt
  • Basement: 952/SqFt
  • Building: 2,380/SqFt
  • Price Per Square Foot: $141.81

Legal Description

  • Description: COLLEGE PARK UNIT 4 LOT 172
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: 42.0231 / -88.32891
  • Subdivision: College Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6910
  • 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

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

Taxes

370 Cornell Ln has 10 associated Taxes items

370 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 $91,585. The APN we've located for 370 Cornell Ln is 06-21-259-010.

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Taxes
  • Assessed Value:  $91,585
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-21-259-010
  • Assessed Land Value:  21976
  • Market Land Value:  65954
  • Tax Amount:  6376.76
  • Tax Year:  2025
  • Market Value:  274865
  • Market Year:  2025

Tax History

370 Cornell Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $91,585 Land Value $21,976 Improvement Value $69,609 Tax Amount $6,376.76 Change Rate Assessed CR Tax Rate +0.069627%
Year 2024 Assessed Value $84,355 Land Value $20,241 Improvement Value $64,114 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $76,208 Land Value $18,286 Improvement Value $57,922 Tax Amount $5,814.4 Change Rate +0.056161% Assessed CR Tax Rate +0.076296%
Year 2022 Assessed Value $69,489 Land Value $16,674 Improvement Value $52,815 Tax Amount $5,505.22 Change Rate +0.046449% Assessed CR Tax Rate +0.079224%
Year 2021 Assessed Value $64,967 Land Value $15,589 Improvement Value $49,378 Tax Amount $5,260.86 Change Rate +0.02966% Assessed CR Tax Rate +0.080977%
Year 2020 Assessed Value $62,021 Land Value $14,882 Improvement Value $47,139 Tax Amount $5,109.32 Change Rate +0.030641% Assessed CR Tax Rate +0.08238%
Year 2019 Assessed Value $59,079 Land Value $14,176 Improvement Value $44,903 Tax Amount $4,957.42 Change Rate +0.127576% Assessed CR Tax Rate +0.083912%
Year 2018 Assessed Value $51,012 Land Value $13,355 Improvement Value $37,657 Tax Amount $4,396.53 Change Rate -0.989876% Assessed CR Tax Rate +0.086186%
Year 2017 Assessed Value $48,224 Land Value $12,625 Improvement Value $35,599 Tax Amount $434,289.25 Change Rate +90.01906% Assessed CR Tax Rate +9.005666%
Year 2016 Assessed Value $44,739 Land Value $11,713 Improvement Value $33,026 Tax Amount $4,771.41 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $41,007 Land Value $10,736 Improvement Value $30,271 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $40,500 Land Value $10,603 Improvement Value $29,897 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $41,569 Land Value $10,883 Improvement Value $30,686 Tax Amount Change Rate Assessed CR Tax Rate