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550 Shagbark Dr; Elgin, IL Property Details

550 Shagbark Dr, Elgin, IL is a Single Family that was built in 1989. This property is currently Financed and is not for sale. Our records show that 550 Shagbark Dr has 2 bedrooms, and 3 bathrooms, and a total of 1,538 square feet. The lot size of 550 Shagbark Dr is 3,864 square feet.

Off market
550 Shagbark Dr Elgin, IL 60123
$86,695 Estimated Value
2 Beds
3 Baths
1,538 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1989
  • Purchase Price: $265,000
  • Open Loans / Balance: 1 / $131,168
  • Est. Equity / %: $226,832 / 63.36%
  • Gross Yield: 9.644%
  • APN: 06-09-305-032
  • Situs County: Kane
  • Length Of Ownership: 19 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 3
  • Full Bathrooms: 3
  • Total Rooms: 5

Structure

  • Building Style: Frame
  • Stories: 1

Measurements

  • Total: 1,538/SqFt
  • Lot: 3,864/SqFt
  • Gross: 3,076/SqFt
  • Living: 1,538/SqFt
  • Basement: 1,538/SqFt
  • Building: 3,076/SqFt
  • Ground: 1,538/SqFt
  • Price Per Square Foot: $172.30

Legal Description

  • Description: HICKORY RIDGE PART OF LOT 11 COMMENCED NORTHWEST CORNER NORTHEAST ALONG NORTH LINE 113.8 FT FOR POB CONTINUE NORTHEAST 46.2 FT SOUTHEAST 14.41 FT SOUTHEAST 60 FT SOUTHWEST 14.14 FT SOUTHWEST 46.2 FT NORTHWEST 80 FT
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: 42.04867 / -88.34018
  • Subdivision: Hickory Ridge
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2551
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 1

HOA

  • H O A One: $285
  • H O A Amount: $285
  • H O A One Frequency: Monthly
  • H O A One Name: Hickory Ridge Townhouse Association
  • H O A One Type: Home Owner Association

Ownership Info

550 Shagbark Dr has no associated ownership info
550 Shagbark Dr has no associated ownership info.

Taxes

550 Shagbark Dr has 10 associated Taxes items

550 Shagbark 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 $86,695. The APN we've located for 550 Shagbark Dr is 06-09-305-032.

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Taxes
  • Assessed Value:  $86,695
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-305-032
  • Assessed Land Value:  20695
  • Market Land Value:  62110
  • Tax Amount:  6003.7
  • Tax Year:  2025
  • Market Value:  260189
  • Market Year:  2025

Tax History

550 Shagbark Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $86,695 Land Value $20,695 Improvement Value $66,000 Tax Amount $6,003.7 Change Rate Assessed CR Tax Rate +0.069251%
Year 2024 Assessed Value $79,851 Land Value $19,061 Improvement Value $60,790 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $72,139 Land Value $17,220 Improvement Value $54,919 Tax Amount $5,467.54 Change Rate +0.054793% Assessed CR Tax Rate +0.075792%
Year 2022 Assessed Value $65,779 Land Value $15,702 Improvement Value $50,077 Tax Amount $5,183.52 Change Rate +0.046884% Assessed CR Tax Rate +0.078802%
Year 2021 Assessed Value $61,498 Land Value $14,680 Improvement Value $46,818 Tax Amount $4,951.38 Change Rate +0.02998% Assessed CR Tax Rate +0.080513%
Year 2020 Assessed Value $58,709 Land Value $14,014 Improvement Value $44,695 Tax Amount $4,807.26 Change Rate +0.030995% Assessed CR Tax Rate +0.081883%
Year 2019 Assessed Value $55,924 Land Value $13,349 Improvement Value $42,575 Tax Amount $4,662.74 Change Rate -0.107444% Assessed CR Tax Rate +0.083376%
Year 2018 Assessed Value $59,451 Land Value $12,576 Improvement Value $46,875 Tax Amount $5,224.03 Change Rate -0.989883% Assessed CR Tax Rate +0.087871%
Year 2017 Assessed Value $56,203 Land Value $11,889 Improvement Value $44,314 Tax Amount $516,356.19 Change Rate +91.85579% Assessed CR Tax Rate +9.187342%
Year 2016 Assessed Value $52,141 Land Value $11,030 Improvement Value $41,111 Tax Amount $5,560.84 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $47,792 Land Value $10,110 Improvement Value $37,682 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $47,202 Land Value $9,985 Improvement Value $37,217 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $48,447 Land Value $10,248 Improvement Value $38,199 Tax Amount Change Rate Assessed CR Tax Rate