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420 Cornell Ln; Elgin, IL Property Details

420 Cornell Ln, Elgin, IL is a Single Family that was built in 1976. This property is currently Financed and is not for sale. Our records show that 420 Cornell Ln has 3 bedrooms, and 1 bathroom, and a total of 978 square feet. The lot size of 420 Cornell Ln is 9,146 square feet.

Off market
420 Cornell Ln Elgin, IL 60123
$126,000 Listing Price
3 Beds
1 Baths
978 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1976
  • Purchase Price: $126,000
  • Open Loans / Balance: 1 / $91,766
  • Est. Equity / %: $223,234 / 70.87%
  • Gross Yield: 10.038%
  • APN: 06-21-259-014
  • Situs County: Kane
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 978/SqFt
  • Lot: 9,146/SqFt
  • Gross: 1,956/SqFt
  • Living: 978/SqFt
  • Basement: 978/SqFt
  • Building: 1,956/SqFt
  • Ground: 978/SqFt
  • Price Per Square Foot: $128.83

Legal Description

  • Description: COLLEGE PARK UNIT 4 LOT 176
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: 42.022396 / -88.329185
  • Subdivision: College Park
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6912
  • Cooling: Yes
  • Fireplaces: 1
  • 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

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

Taxes

420 Cornell Ln has 10 associated Taxes items

420 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 $83,543. The APN we've located for 420 Cornell Ln is 06-21-259-014.

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Taxes
  • Assessed Value:  $83,543
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-21-259-014
  • Assessed Land Value:  23194
  • Market Land Value:  69610
  • Tax Amount:  5763.24
  • Tax Year:  2025
  • Market Value:  250729
  • Market Year:  2025

Tax History

420 Cornell Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $83,543 Land Value $23,194 Improvement Value $60,349 Tax Amount $5,763.24 Change Rate Assessed CR Tax Rate +0.068985%
Year 2024 Assessed Value $76,948 Land Value $21,363 Improvement Value $55,585 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $69,517 Land Value $19,300 Improvement Value $50,217 Tax Amount $5,244.04 Change Rate +0.053845% Assessed CR Tax Rate +0.075435%
Year 2022 Assessed Value $63,387 Land Value $17,598 Improvement Value $45,789 Tax Amount $4,976.1 Change Rate +0.047186% Assessed CR Tax Rate +0.078503%
Year 2021 Assessed Value $59,262 Land Value $16,453 Improvement Value $42,809 Tax Amount $4,751.88 Change Rate +0.030191% Assessed CR Tax Rate +0.080184%
Year 2020 Assessed Value $56,575 Land Value $15,707 Improvement Value $40,868 Tax Amount $4,612.62 Change Rate +0.031246% Assessed CR Tax Rate +0.081531%
Year 2019 Assessed Value $53,891 Land Value $14,962 Improvement Value $38,929 Tax Amount $4,472.86 Change Rate +0.07859% Assessed CR Tax Rate +0.082998%
Year 2018 Assessed Value $48,466 Land Value $14,095 Improvement Value $34,371 Tax Amount $4,146.95 Change Rate -0.989874% Assessed CR Tax Rate +0.085564%
Year 2017 Assessed Value $45,818 Land Value $13,325 Improvement Value $32,493 Tax Amount $409,542.66 Change Rate +89.33956% Assessed CR Tax Rate +8.938467%
Year 2016 Assessed Value $42,507 Land Value $12,362 Improvement Value $30,145 Tax Amount $4,533.37 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $38,962 Land Value $11,331 Improvement Value $27,631 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $38,481 Land Value $11,191 Improvement Value $27,290 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $39,496 Land Value $11,486 Improvement Value $28,010 Tax Amount Change Rate Assessed CR Tax Rate