NOT LISTED FOR SALE

941 N Mclean Blvd Elgin, IL 60123

Estimated Value: $3,708,325

-- Bed
-- Bath
-- Sq Ft
2.14 Acres

About This Home

This home is located at 941 N Mclean Blvd, Elgin, IL 60123 and is currently estimated at $3,708,325. 941 N Mclean Blvd is a home located in Kane County with nearby schools including Century Oaks Elementary School, Kimball Middle School, and Larkin High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2021
Sold by
Ecapital Il Retail I Llc
Bought by
Mclean Square Llc
Current Estimated Value
$3,708,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,124,375
Outstanding Balance
$1,945,620
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,702,666

Purchase Details

Closed on
Nov 21, 2020
Sold by
E Capital Loan Fund I Lp
Bought by
Escapital Il Retail I Llc

Purchase Details

Closed on
Oct 18, 2019
Sold by
650 North Dearborn Llc
Bought by
E Capital Loan Fund I Lp

Purchase Details

Closed on
May 10, 2006
Sold by
R & P Partnership
Bought by
650 North Dearborn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,440,000
Interest Rate
6.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2002
Sold by
Abbott Mclean Ltd Partnership
Bought by
R & P Ltd Partnership
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mclean Square Llc $2,750,000 None Available
Escapital Il Retail I Llc -- None Available
E Capital Loan Fund I Lp -- None Available
650 North Dearborn Llc $4,300,000 First American Title
R & P Ltd Partnership $900,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclean Square Llc $2,124,375
Previous Owner Ecapital Il Retail I Llc $850,000
Previous Owner 650 North Dearborn Llc $3,440,000
Previous Owner Abbott Mclean Ltd Partnership $1,800,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $70,653 $882,844 $484,630 $398,214
2023 $67,990 $797,582 $437,826 $359,756
2022 $63,061 $727,256 $399,221 $328,035
2021 $60,662 $679,932 $373,243 $306,689
2020 $72,487 $794,782 $356,318 $438,464
2019 $70,709 $757,079 $339,415 $417,664
2018 $70,513 $713,216 $319,750 $393,466
2017 $73,775 $717,281 $321,572 $395,709
2016 $77,563 $727,260 $326,046 $401,214
2015 -- $666,600 $298,851 $367,749
2014 -- $633,270 $252,166 $381,104
2013 -- $858,420 $258,818 $599,602
Source: Public Records

Map

Illinois Kane County Elgin 60123

941 N Mclean Blvd, Elgin, IL

This home is located at 941 N Mclean Blvd, Elgin, IL 60123 and is currently estimated at $3,708,325. 941 N Mclean Blvd is a home located in Kane County with nearby schools including Century Oaks Elementary School, Kimball Middle School, and Larkin High School.

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