See Home Value
$408,000
● House - Off Market

2000 Banks Drive

Elgin, IL 60123
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,891 Ft²
$2,722
Est. Monthly

About This Property

This beautifully updated 3-bedroom home offers the rare combination of stylish renovations and high-performance efficiency upgrades. Since 2021, the kitchen, bathrooms, and flooring have all been completely updated, creating a move-in-ready interior.  The standout feature is the fully owned solar system installed in 2023-no lease, no payments, and immediate energy savings for the next owner. Additional efficiency upgrades include a high-efficiency air-source heat pump, new ductwork high capacity air filtration, heat pump water heater, upgraded attic insulation, powered attic ventilation, and heat pump dryer.  The home also features a new fence, 50amp garage outlet for high capacity EV charging, and newer appliances throughout.  Few homes in the area offer this level of investment in both comfort and energy efficiency. 2000 Banks Drive delivers modern living, lower utility costs, and long-term value.
Unit Size
1,891 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$217
Property Type
House
Property Taxes
$708
HOA Dues
-
Year Built
1985

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 708
  • Garage Type: 1
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 920
  • Total Building Area: 2,599
  • Gross Building Area: 2,599
  • Building Area: 1,891
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 1,891
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDSORS CENTURY OAKS WEST
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WINDSORS CENTURY OAKS WEST LOT 35

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 851910

Geography

  • Parcel: 06-04-200-037
  • Lot: 35
  • Municipality: ELGIN
  • Latitude: 42.0659
  • Longitude: -88.3271

    Address

  • Full Address: 2000 Banks Dr
  • Address - House Number: 2000
  • Address - Street Name: Banks
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Elgin
  • Carrier Code: C073
  • 4-Digit Zip Code: 1269
  • Zip Code: 60123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $733,508
  • Tax Rate Code Area: EL005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 347,648
  • High Value: 395,937
  • Low Value: 299,358

    Market Valuation

  • Market Total Value: $271,885
  • Market Land Value: $64,043
  • Market Improvement Value: $207,842

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,592
  • Assessed Land Value: $21,339
  • Assessed Improvements Value: $69,253

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jul 08, 2021
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2021K052490
  • Previous Sale Recording Date: Dec 21, 2000
  • Previous Sale Contract Date: Dec 15, 2000
  • Previous Sale Amount: $187,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Northwest Elgin


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1940 Mark Avenue, Elgin, IL, 60123

$1,095 /mo

  • Studio
  • 1 Bath
  • 400 ft²
1940 Mark Avenue #4, Elgin, IL, 60123 Listing by Brian Overheidt
Unit for rent at 1234 N Lyle Avenue, Elgin, IL, 60123

$3,800 /mo

  • 4 Beds
  • 2 Baths
  • 2,273 ft²
1234 N Lyle Avenue, Elgin, IL, 60123 Listing by Andy Quiroz
Unit for rent at 801 N Mclean Boulevard, IL, 60123

$2,915 /mo

  • 2 Beds
  • 1 Bath
  • 975 ft²
801 N Mclean Boulevard #320, IL, 60123 Listing by Ryan Widerberg


Frequently Asked Questions

When was property at 2000 Banks Drive built and last sold?
The property at 2000 Banks Drive was built in 1985 and last sold on Jun 25, 2021 for $267,500.
How much is this home worth?
The estimated value of the home located at 2000 Banks Drive is $401,793.
What are some comparable homes to 2000 Banks Drive?
There are currently no comparable homes to 2000 Banks Drive.