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862 Martin Dr; Elgin, IL Property Details

862 Martin Dr, Elgin, IL is a Single Family that was built in 1973. This property is currently Financed and is not for sale. Our records show that 862 Martin Dr has 4 bedrooms, and 1.5 bathrooms, and a total of 1,504 square feet. The lot size of 862 Martin Dr is 9,880 square feet.

Off market
862 Martin Dr Elgin, IL 60120
$215,000 Listing Price
4 Beds
1.5 Baths
1,504 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1973
  • Purchase Price: $221,000
  • Est. Equity / %: $355,000 / 100%
  • Gross Yield: 8.285%
  • APN: 06-07-310-005-0000
  • Situs County: Cook
  • Length Of Ownership: 7 years, 7 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Total Rooms: 6
  • Partial Bathrooms: 1

Structure

  • Building Style: Frame
  • Stories: 1
  • Exterior Wall Type: Masonry
  • Building Condition: Good
  • Building Quality: C
  • Roof Cover Type: Asphalt

Measurements

  • Total: 1,504/SqFt
  • Lot: 9,880/SqFt
  • Gross: 1,504/SqFt
  • Living: 1,504/SqFt
  • Building: 1,504/SqFt
  • Ground: 1,504/SqFt
  • Price Per Square Foot: $146.94

Legal Description

  • Description: (LORDS) (PARK) MANOR (UNIT4) SUB PT OF LT 5 IN CIRCUI T COURT PARTITION OF PT OF SECS 6 & 7 SEC 07-41-09
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: 42.05175 / -88.25808
  • Subdivision: Lords Park Manor Unit4
  • Property Class: Residential
  • County Use Code: 2-03

Amenities

  • Plus Four: 3178
  • Cooling: Central
  • Garage: Attached Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

862 Martin Dr has no associated ownership info
862 Martin Dr has no associated ownership info.

Taxes

862 Martin Dr has 10 associated Taxes items

862 Martin 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 $31,000. The APN we've located for 862 Martin Dr is 06-07-310-005-0000.

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Taxes
  • Assessed Value:  $31,000
  • Assessed Year:  2025
  • Assessed County:  Cook
  • APN:  06-07-310-005-0000
  • Assessed Land Value:  6916
  • Market Land Value:  69160
  • Tax Amount:  5954
  • Tax Year:  2023
  • Market Value:  310000
  • Market Year:  2025

Tax History

862 Martin Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $31,000 Land Value $6,916 Improvement Value $24,084 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $24,000 Land Value $6,422 Improvement Value $17,578 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value Land Value Improvement Value Tax Amount $5,954 Change Rate +0.034225% Assessed CR Tax Rate
Year 2022 Assessed Value $24,000 Land Value $6,422 Improvement Value $17,578 Tax Amount $5,756.97 Change Rate +0.077179% Assessed CR Tax Rate +0.239874%
Year 2021 Assessed Value $18,840 Land Value $5,187 Improvement Value $13,653 Tax Amount $5,344.49 Change Rate -0.008248% Assessed CR Tax Rate +0.283678%
Year 2020 Assessed Value $18,840 Land Value $5,187 Improvement Value $13,653 Tax Amount $5,388.94 Change Rate -0.169442% Assessed CR Tax Rate +0.286037%
Year 2019 Assessed Value $21,169 Land Value $5,187 Improvement Value $15,982 Tax Amount $6,488.34 Change Rate +0.630175% Assessed CR Tax Rate +0.306502%
Year 2018 Assessed Value $15,150 Land Value $4,446 Improvement Value $10,704 Tax Amount $3,980.15 Change Rate -0.224331% Assessed CR Tax Rate +0.262716%
Year 2017 Assessed Value $15,150 Land Value $4,446 Improvement Value $10,704 Tax Amount $5,131.25 Change Rate +0.062864% Assessed CR Tax Rate +0.338696%
Year 2016 Assessed Value $15,150 Land Value $4,446 Improvement Value $10,704 Tax Amount $4,827.76 Change Rate -0.13381% Assessed CR Tax Rate +0.318664%
Year 2015 Assessed Value $15,864 Land Value $3,952 Improvement Value $11,912 Tax Amount $5,573.56 Change Rate -0.072832% Assessed CR Tax Rate +0.351334%
Year 2014 Assessed Value $17,666 Land Value $3,952 Improvement Value $13,714 Tax Amount $6,011.38 Change Rate +0.033914% Assessed CR Tax Rate +0.34028%
Year 2013 Assessed Value $17,666 Land Value $3,952 Improvement Value $13,714 Tax Amount $5,814.2 Change Rate Assessed CR Tax Rate +0.329118%