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40 2nd St; Elgin, IL Property Details

40 2nd St, Elgin, IL is a General that was built in 1993. This property is currently Financed and is not for sale. Our records show that 40 2nd St has a total of 12,500 square feet. The lot size of 40 2nd St is 51,401 square feet.

Off market
1817 Larkin Ave #35 Elgin, IL 60123
$573,432 Estimated Value
12,500 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1993
  • Purchase Price: $2,000,000
  • Open Loans: 1
  • APN: 06-16-477-042
  • Situs County: Kane
  • Length Of Ownership: 3 years, 6 months

Measurements

  • Total: 12,500/SqFt
  • Lot: 51,401/SqFt
  • Gross: 12,500/SqFt
  • Living: 12,500/SqFt
  • Building: 12,500/SqFt
  • Price Per Square Foot: $160.00

Legal Description

  • Description: FOX RIVER HILLS MAP NO 4 PTS LTS 6 THRU 9 DESC IN DOC 2018K010311 COMBINED PER TAX PAYER REQUEST 22DIV250 DATED 11/3/22
Building Insights

Land Information

  • Property Type: General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: School District U-46
  • Lat / Lon: 42.032616 / -88.322235
  • Subdivision: Fox River Hills
  • Property Class: Commercial
  • County Use Code: 0060

Amenities

  • Plus Four: 5840

Ownership Info

1817 Larkin Ave #35 has no associated ownership info
1817 Larkin Ave #35 has no associated ownership info.

Taxes

1817 Larkin Ave #35 has 10 associated Taxes items

40 2nd St, 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 $573,432. The APN we've located for 40 2nd St is 06-16-477-042.

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Taxes
  • Assessed Value:  $573,432
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-16-477-042
  • Assessed Land Value:  199300
  • Market Land Value:  598139
  • Tax Amount:  43747.54
  • Tax Year:  2025
  • Market Value:  1720984
  • Market Year:  2025

Tax History

1817 Larkin Ave #35 has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $573,432 Land Value $199,300 Improvement Value $374,132 Tax Amount $43,747.54 Change Rate Assessed CR Tax Rate +0.076291%
Year 2024 Assessed Value $542,526 Land Value $183,568 Improvement Value $358,958 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $514,540 Land Value $165,840 Improvement Value $348,700 Tax Amount $43,862.08 Change Rate +0.127903% Assessed CR Tax Rate +0.085245%
Year 2022 Assessed Value $448,479 Land Value $126,337 Improvement Value $322,142 Tax Amount $38,888.18 Change Rate -0.013764% Assessed CR Tax Rate +0.086711%
Year 2021 Assessed Value $441,966 Land Value $118,116 Improvement Value $323,850 Tax Amount $39,430.9 Change Rate +0.020102% Assessed CR Tax Rate +0.089217%
Year 2020 Assessed Value $423,820 Land Value $112,760 Improvement Value $311,060 Tax Amount $38,653.88 Change Rate +0.005812% Assessed CR Tax Rate +0.091204%
Year 2019 Assessed Value $411,476 Land Value $107,411 Improvement Value $304,065 Tax Amount $38,430.52 Change Rate +0.318609% Assessed CR Tax Rate +0.093397%
Year 2018 Assessed Value $308,559 Land Value $101,188 Improvement Value $207,371 Tax Amount $29,144.74 Change Rate -0.98951% Assessed CR Tax Rate +0.094454%
Year 2017 Assessed Value $270,126 Land Value $95,659 Improvement Value $174,467 Tax Amount $2,778,344.5 Change Rate +99.28778% Assessed CR Tax Rate +10.285365%
Year 2016 Assessed Value $259,763 Land Value $96,463 Improvement Value $163,300 Tax Amount $27,703.72 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $247,743 Land Value $88,417 Improvement Value $159,326 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $237,281 Land Value $81,892 Improvement Value $155,389 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $243,540 Land Value $84,052 Improvement Value $159,488 Tax Amount Change Rate Assessed CR Tax Rate