Taxes
- Assessed Value: $259,250
- Assessed Year: 2025
- Assessed County: Cook
- APN: 06-19-200-027-0000
- Assessed Land Value: 179597
- Market Land Value: 718388
- Tax Amount: 81710
- Tax Year: 2023
- Market Value: 1037000
- Market Year: 2025
640 Varsity Dr; Elgin, IL Property Details
Off market
640 Varsity Dr Elgin, IL 60120
$259,250 Estimated Value
13,226 SqFt
Property Type
Industrial (General)Property Details
Summary
- Purchase Method: Financed
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1975
- Purchase Price: $1,600,000
- Open Loans / Balance: 1 / $495,862
- APN: 06-19-200-027-0000
- Situs County: Cook
- Length Of Ownership: 3 years, 7 months
Structure
- Stories: 1
Measurements
- Total: 13,226/SqFt
- Lot: 102,802/SqFt
- Gross: 13,226/SqFt
- Living: 13,226/SqFt
- Building: 13,226/SqFt
- Price Per Square Foot: $120.97
Legal Description
- Description: (COUNTY)(CLERKS) DIVIN OF UNSUBDIVIDED LAND IN SEC 19-41-09
Building Insights
Land Information
- Property Type: Industrial (General)
- Within Flood Zone: True
- Flood Zone: AE / High Risk
- School District: School District U-46
- Lat / Lon: 42.02525 / -88.251495
- Subdivision: County Clerks Divin Of Unsubdivided L
- Property Class: Industrial
- County Use Code: 5-93
Amenities
- Plus Four: 4984
Ownership Info
640 Varsity Dr has no associated ownership info
640 Varsity Dr has no associated ownership info.
Taxes
640 Varsity Dr has 10 associated Taxes items
640 Varsity Dr, Elgin, IL pays taxes in Cook County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $259,250. The APN we've located for 640 Varsity Dr is 06-19-200-027-0000.
Unlock the full reportTax History
640 Varsity Dr has 13 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $259,250 | Land Value $179,597 | Improvement Value $79,653 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $283,871 | Land Value $153,941 | Improvement Value $129,930 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value | Land Value | Improvement Value | Tax Amount $81,710 | Change Rate +0.028975% | Assessed CR | Tax Rate |
| Year 2022 | Assessed Value $283,871 | Land Value $153,941 | Improvement Value $129,930 | Tax Amount $79,409.14 | Change Rate -0.128817% | Assessed CR | Tax Rate +0.279737% |
| Year 2021 | Assessed Value $264,520 | Land Value $153,940 | Improvement Value $110,580 | Tax Amount $91,150.88 | Change Rate +0.006331% | Assessed CR | Tax Rate +0.34459% |
| Year 2020 | Assessed Value $264,520 | Land Value $153,940 | Improvement Value $110,580 | Tax Amount $90,577.43 | Change Rate +0.117198% | Assessed CR | Tax Rate +0.342422% |
| Year 2019 | Assessed Value $264,520 | Land Value $153,940 | Improvement Value $110,580 | Tax Amount $81,075.55 | Change Rate +0.491411% | Assessed CR | Tax Rate +0.306501% |
| Year 2018 | Assessed Value $160,000 | Land Value $109,041 | Improvement Value $50,959 | Tax Amount $54,361.64 | Change Rate +0.003143% | Assessed CR | Tax Rate +0.33976% |
| Year 2017 | Assessed Value $160,000 | Land Value $109,041 | Improvement Value $50,959 | Tax Amount $54,191.34 | Change Rate +0.06285% | Assessed CR | Tax Rate +0.338696% |
| Year 2016 | Assessed Value $160,000 | Land Value $109,041 | Improvement Value $50,959 | Tax Amount $50,986.84 | Change Rate -0.03111% | Assessed CR | Tax Rate +0.318668% |
| Year 2015 | Assessed Value $149,783 | Land Value $89,798 | Improvement Value $59,985 | Tax Amount $52,623.98 | Change Rate +0.032483% | Assessed CR | Tax Rate +0.351335% |
| Year 2014 | Assessed Value $149,783 | Land Value $89,798 | Improvement Value $59,985 | Tax Amount $50,968.35 | Change Rate +0.033928% | Assessed CR | Tax Rate +0.340281% |
| Year 2013 | Assessed Value $149,783 | Land Value $89,798 | Improvement Value $59,985 | Tax Amount $49,295.86 | Change Rate | Assessed CR | Tax Rate +0.329115% |