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40 Cypress Sq; Elgin, IL Property Details

40 Cypress Sq, Elgin, IL is a Single Family that was built in 1973. This property is currently Financed and is not for sale. Our records show that 40 Cypress Sq has 3 bedrooms, and 1.5 bathrooms, and a total of 1,526 square feet. The lot size of 40 Cypress Sq is 1,550 square feet.

Off market
40 Cypress Sq Elgin, IL 60123
$125,000 Listing Price
3 Beds
1.5 Baths
1,526 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1973
  • Purchase Price: $125,000
  • Open Loans / Balance: 3 / $148,886
  • Est. Equity / %: $67,114 / 31.07%
  • Gross Yield: 10.533%
  • APN: 06-10-401-031
  • Situs County: Kane
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 1,526/SqFt
  • Lot: 1,550/SqFt
  • Gross: 2,289/SqFt
  • Living: 1,526/SqFt
  • Basement: 763/SqFt
  • Building: 2,289/SqFt
  • Price Per Square Foot: $81.91

Legal Description

  • Description: LADDS ELGIN GARDEN QUARTER LOT G-40
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: 42.050888 / -88.309685
  • Subdivision: Ladds Elgin Garden Quarter
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2723

HOA

  • H O A One: $230
  • H O A Amount: $230
  • H O A One Frequency: Monthly
  • H O A One Name: Garden Quarter Townhome Association
  • H O A One Type: Home Owner Association
  • H O A Two Name: Garden Quarter I Association
  • H O A Two Type: Home Owner Association

Ownership Info

40 Cypress Sq has no associated ownership info
40 Cypress Sq has no associated ownership info.

Taxes

40 Cypress Sq has 10 associated Taxes items

40 Cypress Sq, 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 $61,987. The APN we've located for 40 Cypress Sq is 06-10-401-031.

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Taxes
  • Assessed Value:  $61,987
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-10-401-031
  • Assessed Land Value:  3842
  • Market Land Value:  11531
  • Tax Amount:  4118.72
  • Tax Year:  2025
  • Market Value:  186035
  • Market Year:  2025

Tax History

40 Cypress Sq has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $61,987 Land Value $3,842 Improvement Value $58,145 Tax Amount $4,118.72 Change Rate Assessed CR Tax Rate +0.066445%
Year 2024 Assessed Value $57,094 Land Value $3,539 Improvement Value $53,555 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $51,580 Land Value $3,197 Improvement Value $48,383 Tax Amount $3,715 Change Rate +0.044144% Assessed CR Tax Rate +0.072024%
Year 2022 Assessed Value $47,032 Land Value $2,915 Improvement Value $44,117 Tax Amount $3,557.94 Change Rate +0.050265% Assessed CR Tax Rate +0.075649%
Year 2021 Assessed Value $43,971 Land Value $2,725 Improvement Value $41,246 Tax Amount $3,387.66 Change Rate +0.112057% Assessed CR Tax Rate +0.077043%
Year 2020 Assessed Value $39,401 Land Value $2,601 Improvement Value $36,800 Tax Amount $3,046.3 Change Rate +0.034397% Assessed CR Tax Rate +0.077315%
Year 2019 Assessed Value $37,532 Land Value $2,478 Improvement Value $35,054 Tax Amount $2,945 Change Rate +0.623305% Assessed CR Tax Rate +0.078466%
Year 2018 Assessed Value $29,350 Land Value $2,334 Improvement Value $27,016 Tax Amount $1,814.2 Change Rate -0.989467% Assessed CR Tax Rate +0.061813%
Year 2017 Assessed Value $27,746 Land Value $2,206 Improvement Value $25,540 Tax Amount $172,238.72 Change Rate +61.739944% Assessed CR Tax Rate +6.207696%
Year 2016 Assessed Value $25,741 Land Value $2,047 Improvement Value $23,694 Tax Amount $2,745.28 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $23,594 Land Value $1,876 Improvement Value $21,718 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $23,303 Land Value $1,853 Improvement Value $21,450 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $23,918 Land Value $1,902 Improvement Value $22,016 Tax Amount Change Rate Assessed CR Tax Rate