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742 Butternut Ln; Elgin, IL Property Details

742 Butternut Ln, 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 742 Butternut Ln has 4 bedrooms, and 3 bathrooms, and a total of 2,628 square feet. The lot size of 742 Butternut Ln is 8,276 square feet.

Off market  •   Pre Probate ✓
742 Butternut Ln Elgin, IL 60123
$139,714 Estimated Value
4 Beds
3 Baths
2,628 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1992
  • Purchase Price: $315,000
  • Est. Equity / %: $468,000 / 100%
  • Gross Yield: 9.274%
  • APN: 06-09-255-032
  • Situs County: Kane
  • Length Of Ownership: 21 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 2

Structure

  • Building Style: Frame
  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 2,628/SqFt
  • Lot: 8,276/SqFt
  • Gross: 3,942/SqFt
  • Living: 2,628/SqFt
  • Basement: 1,314/SqFt
  • Building: 3,942/SqFt
  • Price Per Square Foot: $119.86

Legal Description

  • Description: VALLEY CREEK UNIT 12 LOT 571
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: 42.05293 / -88.32883
  • 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

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

Taxes

742 Butternut Ln has 10 associated Taxes items

742 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 $139,714. The APN we've located for 742 Butternut Ln is 06-09-255-032.

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Taxes
  • Assessed Value:  $139,714
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  06-09-255-032
  • Assessed Land Value:  35021
  • Market Land Value:  105105
  • Tax Amount:  10048.56
  • Tax Year:  2025
  • Market Value:  419310
  • Market Year:  2025

Tax History

742 Butternut Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $139,714 Land Value $35,021 Improvement Value $104,693 Tax Amount $10,048.56 Change Rate Assessed CR Tax Rate +0.071922%
Year 2024 Assessed Value $128,686 Land Value $32,257 Improvement Value $96,429 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $116,258 Land Value $29,142 Improvement Value $87,116 Tax Amount $9,228.48 Change Rate +0.064202% Assessed CR Tax Rate +0.079379%
Year 2022 Assessed Value $106,007 Land Value $26,572 Improvement Value $79,435 Tax Amount $8,671.74 Change Rate +0.043918% Assessed CR Tax Rate +0.081803%
Year 2021 Assessed Value $99,109 Land Value $24,843 Improvement Value $74,266 Tax Amount $8,306.92 Change Rate +0.02784% Assessed CR Tax Rate +0.083816%
Year 2020 Assessed Value $94,614 Land Value $23,716 Improvement Value $70,898 Tax Amount $8,081.92 Change Rate +0.028614% Assessed CR Tax Rate +0.08542%
Year 2019 Assessed Value $90,126 Land Value $22,591 Improvement Value $67,535 Tax Amount $7,857.1 Change Rate +0.0178% Assessed CR Tax Rate +0.087179%
Year 2018 Assessed Value $84,904 Land Value $21,282 Improvement Value $63,622 Tax Amount $7,719.69 Change Rate -0.989894% Assessed CR Tax Rate +0.090923%
Year 2017 Assessed Value $80,265 Land Value $20,119 Improvement Value $60,146 Tax Amount $763,842.62 Change Rate +95.18258% Assessed CR Tax Rate +9.516509%
Year 2016 Assessed Value $74,464 Land Value $18,665 Improvement Value $55,799 Tax Amount $7,941.59 Change Rate Assessed CR Tax Rate +0.10665%
Year 2015 Assessed Value $68,253 Land Value $17,108 Improvement Value $51,145 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $67,411 Land Value $16,897 Improvement Value $50,514 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $69,189 Land Value $17,343 Improvement Value $51,846 Tax Amount Change Rate Assessed CR Tax Rate