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540 Covered Bridge Dr; Elgin, IL Property Details

540 Covered Bridge Dr, Elgin, IL is a Single Family that was built in 1992. This property is currently Financed and is not for sale. Our records show that 540 Covered Bridge Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,304 square feet. The lot size of 540 Covered Bridge Dr is 10,019 square feet.

Off market
540 Covered Bridge Dr Elgin, IL 60124
$137,308 Estimated Value
4 Beds
2.5 Baths
2,304 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1992
  • Purchase Price: $188,500
  • Open Loans / Balance: 1 / $119,207
  • Est. Equity / %: $344,793 / 74.31%
  • Gross Yield: 10.653%
  • APN: 06-21-302-005
  • Situs County: Kane
  • Length Of Ownership: 15 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,304/SqFt
  • Lot: 10,019/SqFt
  • Gross: 3,326/SqFt
  • Living: 2,304/SqFt
  • Basement: 1,022/SqFt
  • Building: 3,326/SqFt
  • Price Per Square Foot: $81.81

Legal Description

  • Description: WOODBRIDGE NORTH UNIT 2 LOT 206
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Central Community Unit School District 301
  • Lat / Lon: 42.018974 / -88.34086
  • Subdivision: Woodbridge North
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5613
  • Cooling: Yes
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $175
  • H O A Amount: $175
  • H O A One Frequency: Annual
  • H O A One Name: Townhomes Of Woodbridge Condominium Assoc
  • H O A One Type: Home Owner Association

Ownership Info

540 Covered Bridge Dr has no associated ownership info
540 Covered Bridge Dr has no associated ownership info.

Taxes

540 Covered Bridge Dr has 10 associated Taxes items

540 Covered Bridge Dr, 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 $137,308. The APN we've located for 540 Covered Bridge Dr is 06-21-302-005.

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Taxes
  • Assessed Value:  $137,308
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-21-302-005
  • Assessed Land Value:  30744
  • Market Land Value:  92269
  • Tax Amount:  10126.78
  • Tax Year:  2025
  • Market Value:  412089
  • Market Year:  2025

Tax History

540 Covered Bridge Dr has 14 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $137,308 Land Value $30,744 Improvement Value $106,564 Tax Amount $10,126.78 Change Rate Assessed CR Tax Rate +0.073752%
Year 2024 Assessed Value $126,469 Land Value $28,317 Improvement Value $98,152 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $114,255 Land Value $25,582 Improvement Value $88,673 Tax Amount $9,966.52 Change Rate +0.059596% Assessed CR Tax Rate +0.08723%
Year 2022 Assessed Value $104,180 Land Value $23,326 Improvement Value $80,854 Tax Amount $9,405.96 Change Rate +0.034586% Assessed CR Tax Rate +0.090286%
Year 2021 Assessed Value $97,401 Land Value $21,808 Improvement Value $75,593 Tax Amount $9,091.52 Change Rate +0.030254% Assessed CR Tax Rate +0.093341%
Year 2020 Assessed Value $92,984 Land Value $20,819 Improvement Value $72,165 Tax Amount $8,824.54 Change Rate +0.031601% Assessed CR Tax Rate +0.094904%
Year 2019 Assessed Value $88,573 Land Value $19,831 Improvement Value $68,742 Tax Amount $8,554.22 Change Rate +0.075102% Assessed CR Tax Rate +0.096578%
Year 2018 Assessed Value $83,441 Land Value $18,682 Improvement Value $64,759 Tax Amount $7,956.66 Change Rate -0.989802% Assessed CR Tax Rate +0.095357%
Year 2017 Assessed Value $78,881 Land Value $17,661 Improvement Value $61,220 Tax Amount $780,220.06 Change Rate +91.227646% Assessed CR Tax Rate +9.891103%
Year 2016 Assessed Value $73,181 Land Value $16,385 Improvement Value $56,796 Tax Amount $8,459.72 Change Rate Assessed CR Tax Rate +0.1156%
Year 2015 Assessed Value $67,077 Land Value $15,018 Improvement Value $52,059 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $60,487 Land Value $14,833 Improvement Value $45,654 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $62,082 Land Value $15,224 Improvement Value $46,858 Tax Amount Change Rate Assessed CR Tax Rate
Year 2011 Assessed Value Land Value Improvement Value Tax Amount $7,748.76 Change Rate Assessed CR Tax Rate