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774 Terrace Ct #R; Elgin, IL Property Details

774 Terrace Ct #R, Elgin, IL is a Condominium that was built in 1988. This property is currently a cash purchase and is for sale. Our records show that 774 Terrace Ct #R has 2 bedrooms, and 1 bathroom, and a total of 1,165 square feet. The lot size of 774 Terrace Ct #R is 41,354 square feet.

On Market for 17 days
774 Terrace Ct #R Elgin, IL 60120
$160,000 Listing Price
2 Beds
1 Baths
1,165 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1988
  • Purchase Price: $43,000
  • Est. Equity / %: $186,000 / 100%
  • APN: 06-18-300-079-1016
  • Situs County: Cook
  • Length Of Ownership: 13 years

Rooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full Bathrooms: 1
  • Total Rooms: 5

Structure

  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 1,165/SqFt
  • Lot: 41,354/SqFt
  • Gross: 1,165/SqFt
  • Living: 1,165/SqFt
  • Building: 1,165/SqFt
  • Price Per Square Foot: $36.91
Building Insights

Land Information

  • Property Type: Condominium
  • Within Flood Zone: True
  • Flood Zone: A / High Risk
  • School District: School District U-46
  • Lat / Lon: 42.037186 / -88.26106
  • Subdivision: Park Terrace Condo
  • Property Class: Residential
  • County Use Code: 2-99

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 6875
  • Cooling: Window\Unit
  • Heating: Forced air unit
  • Parking: 1

HOA

  • H O A One: $400
  • H O A Amount: $400
  • H O A One Frequency: Monthly
  • H O A One Name: Park Terrace Condo
  • H O A One Type: Condo Owner Association

Ownership Info

774 Terrace Ct #R has no associated ownership info
774 Terrace Ct #R has no associated ownership info.

Taxes

774 Terrace Ct #R has 8 associated Taxes items

774 Terrace Ct #R, 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 $13,097. The APN we've located for 774 Terrace Ct #R is 06-18-300-079-1016.

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Taxes
  • Assessed Value:  $13,097
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  06-18-300-079-1016
  • Assessed Land Value:  941
  • Market Land Value:  9410
  • Market Value:  130970
  • Market Year:  2025

Tax History

774 Terrace Ct #R has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $13,097 Land Value $941 Improvement Value $12,156 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $12,111 Land Value $1,411 Improvement Value $10,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $12,111 Land Value $1,411 Improvement Value $10,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $12,111 Land Value $1,411 Improvement Value $10,700 Tax Amount Change Rate Assessed CR Tax Rate
Year 2021 Assessed Value $6,050 Land Value $999 Improvement Value $5,051 Tax Amount $446.33 Change Rate Assessed CR Tax Rate +0.073774%
Year 2020 Assessed Value $6,050 Land Value $999 Improvement Value $5,051 Tax Amount Change Rate Assessed CR Tax Rate
Year 2019 Assessed Value $6,794 Land Value $999 Improvement Value $5,795 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $3,873 Land Value $882 Improvement Value $2,991 Tax Amount Change Rate Assessed CR Tax Rate
Year 2017 Assessed Value $3,873 Land Value $882 Improvement Value $2,991 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $3,873 Land Value $882 Improvement Value $2,991 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $5,781 Land Value $823 Improvement Value $4,958 Tax Amount $446.33 Change Rate +0.054456% Assessed CR Tax Rate +0.077206%
Year 2014 Assessed Value $5,781 Land Value $823 Improvement Value $4,958 Tax Amount $423.28 Change Rate +0.00995% Assessed CR Tax Rate +0.073219%
Year 2013 Assessed Value $5,781 Land Value $823 Improvement Value $4,958 Tax Amount $419.11 Change Rate Assessed CR Tax Rate +0.072498%