1940 Mark Ave, Elgin, IL 60123 Property Records

Kane County property record for 1940 Mark Ave, Elgin, IL 60123 · Last verified July 2026

Property Highlights

Property TypeVacant Land > Commercial
Year BuiltBuilt 1975
Square Footage7,092 sqft Gross Area
Lot Size24,320 sqft (0.558 acres)
Last Sale$980,000 (2020)
Tax Bill$29,248.00 (2025)

Property Details

APN / Parcel Number

Primary APN06-09-227-018

Interior

Units38 Units
Building Area7,092 sqft Gross Area
Stories2 Stories

Exterior

Year BuiltBuilt 1975
Effective Year BuiltEffective 1975
Lot Area24,320 sqft (0.558 acres)
Depth X Width160 ft x 152 ft Depth x Width

Location & Zoning

Street Address1940 MARK AVE
CityELGIN
StateIL
Zip60123-2915
Property UsageCommercial Property Usage
TypeVacant Land > Commercial
Legal DescriptionANDRESEN BROS EAGLE HEIGHTS UNIT 6 LOT 23 & WESTERLY 65.5 FT LOT 22 BLOCK 13
Legal SubdivisionEAGLE HEIGHTS
Legal Block13
Legal Lot Number23,22
Legal Unit6-23
JurisdictionKANE IL
Minor Civil DivisionELGIN
Census Blockgroup3
Census Block3003
Census Tract851910

Owner

Source: Kane County records · APN 06-09-227-018

Assessment roll updated December 26, 2025 · Last verified July 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordCompany Name on File
Mailing Address12910 WEXFORD PARK, CLARKSVILLE, MD 21029-1400
Owner TypeOwner is a Company
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Jul 16, 2019Deed of Trust, Mortgage · Commercial Mortgage
ILLINOIS STATE BANK
Oct 13, 2020Trustee's Deed, Foreclosure · Commercial Mortgage
CIBM BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Last SaleOct 13, 2020 · Amount on Record
Deed SaleOct 13, 2020 · Amount on Record
Prior SaleMay 20, 2004 · Amount on Record
Deed Doc Number202060468
Prior Transfer DateApr 06, 2016
Prior Transfer Doc0000018648
Record RefreshedSep 20, 2026

July 2019: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionKANE IL
Property Address1940 MARK AVE, ELGIN, IL 60123-2915
Transaction TypeMortgage
Record UpdatedAug 05, 2022
Title CompanyFIDELITY NATIONAL TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000030512
DateJul 16, 2019
Instrument2019K030512
Lender
NameILLINOIS STATE BANK
TypeBank
AddressLAKE IN THE HILLS, IL 60156
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

October 2020: Trustee's Deed, Foreclosure

Document TypeTrustee's Deed
JurisdictionKANE IL
Recording DateOct 13, 2020
Property Address1940 MARK AVE, ELGIN, IL 60123-2915
Document Number0000060468
Instrument DateSep 16, 2020
Instrument2020K060468
Transaction TypeForeclosure
Record UpdatedAug 05, 2022
Title CompanyCHICAGO TITLE LAND TRUS CO

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$980.00
Amount AccuracyRounded Values by County

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address12910 WEXFORD PARK, CLARKSVILLE, MD 21029-1400

Mortgage

Document Number0000060469
DateOct 13, 2020
Instrument2020K060469
Lender
NameCIBM BANK
TypeBank
Agreement
TypeCommercial Mortgage
AmountAmount Recorded

Tax Assessment & Valuation

Source: Kane County records · Assessment roll updated December 26, 2025 · Last verified July 2026

Property Jurisdictions

TypeName
StateIllinois
CountyKane County
County SubdivisionElgin Township
MunicipalityElgin City
Unified School DistrictSchool District U-46 (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$29,248.00 (+3.5%)
2024$28,259.00 (+12.04%)$353,118 (+21.39%) Land $49,222 Building $303,896$1,059,778 (+21.44%) Land $147,725 Building $912,053
2022$25,223.00 (+3.96%)$290,886 (+6.96%) Land $40,547 Building $250,339$872,658 (+6.96%) Land $121,641 Building $751,017
2021$24,263.00$271,958 Land $37,909 Building $234,049$815,874 Land $113,727 Building $702,147

Flood & Wildfire

1940 Mark Ave is in FEMA Zone X, outside the Special Flood Hazard Area, with direct wildfire exposure (Low risk).

Flood

Source: FEMA National Flood Hazard Layer · Kane County (17089C), updated October 8, 2026

FEMA Flood ZoneZone X
minimal flood hazard · outside the 0.2% annual chance floodplain
Special Flood Hazard AreaNo
Nearest Special Flood Hazard AreaZone AE, within 500 ft

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities · 2nd edition (2024), fuels as of 2020

Wildfire Risk to HomesLow
5th percentile of exposed land nationally · 30th in Illinois
Wildfire LikelihoodLow — less than 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

Nearby Properties on Mark Ave

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