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706 Butternut Ln; Elgin, IL Property Details

706 Butternut Ln, Elgin, IL is a Single Family that was built in 1994. This property is currently Financed and is not for sale. Our records show that 706 Butternut Ln has 4 bedrooms, and 2.5 bathrooms, and a total of 2,123 square feet. The lot size of 706 Butternut Ln is 7,841 square feet.

Off market
706 Butternut Ln Elgin, IL 60123
$125,786 Estimated Value
4 Beds
2.5 Baths
2,123 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1994
  • Purchase Price: $197,000
  • Open Loans / Balance: 1 / $127,688
  • Est. Equity / %: $322,312 / 71.62%
  • Gross Yield: 9.936%
  • APN: 06-09-255-038
  • Situs County: Kane
  • Length Of Ownership: 32 years, 1 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 2

Measurements

  • Total: 2,123/SqFt
  • Lot: 7,841/SqFt
  • Gross: 3,153/SqFt
  • Living: 2,123/SqFt
  • Basement: 1,030/SqFt
  • Building: 3,153/SqFt
  • Price Per Square Foot: $92.79

Legal Description

  • Description: VALLEY CREEK UNIT 12 LOT 577
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: 42.05287 / -88.32728
  • Subdivision: Valley Creek
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 2586
  • Cooling: Yes
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $133
  • H O A Two: $215
  • H O A Amount: $348
  • H O A One Frequency: Monthly
  • H O A Two Frequency: Monthly
  • H O A One Name: Valley Creek Condos
  • H O A One Type: Home Owner Association
  • H O A Two Name: Xx
  • H O A Two Type: Home Owner Association

Ownership Info

706 Butternut Ln has no associated ownership info
706 Butternut Ln has no associated ownership info.

Taxes

706 Butternut Ln has 10 associated Taxes items

706 Butternut 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 $125,786. The APN we've located for 706 Butternut Ln is 06-09-255-038.

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Taxes
  • Assessed Value:  $125,786
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-255-038
  • Assessed Land Value:  35021
  • Market Land Value:  105105
  • Tax Amount:  6060.46
  • Tax Year:  2025
  • Market Value:  377509
  • Market Year:  2025

Tax History

706 Butternut Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $125,786 Land Value $35,021 Improvement Value $90,765 Tax Amount $6,060.46 Change Rate Assessed CR Tax Rate +0.048181%
Year 2024 Assessed Value $115,857 Land Value $32,257 Improvement Value $83,600 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $104,668 Land Value $29,142 Improvement Value $75,526 Tax Amount $6,771.8 Change Rate -0.075121% Assessed CR Tax Rate +0.064698%
Year 2022 Assessed Value $95,439 Land Value $26,572 Improvement Value $68,867 Tax Amount $7,321.82 Change Rate +0.049068% Assessed CR Tax Rate +0.076717%
Year 2021 Assessed Value $89,229 Land Value $24,843 Improvement Value $64,386 Tax Amount $6,979.36 Change Rate +0.031586% Assessed CR Tax Rate +0.078219%
Year 2020 Assessed Value $85,182 Land Value $23,716 Improvement Value $61,466 Tax Amount $6,765.66 Change Rate +0.032777% Assessed CR Tax Rate +0.079426%
Year 2019 Assessed Value $81,141 Land Value $22,591 Improvement Value $58,550 Tax Amount $6,550.94 Change Rate -0.013799% Assessed CR Tax Rate +0.080735%
Year 2018 Assessed Value $76,440 Land Value $21,282 Improvement Value $55,158 Tax Amount $6,642.6 Change Rate -0.990254% Assessed CR Tax Rate +0.0869%
Year 2017 Assessed Value $72,263 Land Value $20,119 Improvement Value $52,144 Tax Amount $681,539.12 Change Rate +94.32122% Assessed CR Tax Rate +9.43137%
Year 2016 Assessed Value $67,041 Land Value $18,665 Improvement Value $48,376 Tax Amount $7,149.92 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $61,449 Land Value $17,108 Improvement Value $44,341 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $60,691 Land Value $16,897 Improvement Value $43,794 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $62,292 Land Value $17,343 Improvement Value $44,949 Tax Amount Change Rate Assessed CR Tax Rate