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551 Terrace Ln

South Elgin, IL 60177

4 bd 5 ba 3,180 sqft Built 2001 Lot 10,411 sqft single_family
No recorded sales

Location

Timeline: Sale, Listing & Tax History

Recorded events

No recorded events

No sale or listing events are on file for this property.

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $171,389 $32,333 $203,722 $14,883
2024 $171,389 $32,333 $203,722 $14,461
2023 $157,919 $29,792 $187,711 $13,827
2022 $122,163 $26,563 $148,726 $12,468
2021 $116,446 $25,320 $141,766 $11,535
2020 $114,275 $24,848 $139,123 $11,228
2019 $112,012 $24,356 $136,368 $11,287
2018 $117,543 $26,033 $143,576 $11,542
2017 $113,524 $25,143 $138,667 $11,424
2016 $109,537 $24,260 $133,797 $11,918
2015 $106,007 $23,998 $130,005 $12,038
2014 $102,829 $23,998 $126,827 $11,892
2013 $100,433 $27,267 $127,700 $11,514
2012 $100,569 $27,597 $128,166 $11,258
2011 $107,325 $28,497 $135,822 $10,832
2009 $109,046 $29,607 $138,653 $10,581
2008 $138,921 $29,997 $168,918 $10,951
2007 $128,960 $29,997 $158,957 $10,167
2006 $118,976 $29,589 $148,565 $9,821

Property facts

Year built
2001
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
3,180 sqft
Lot size
10,411 sqft
ZIP code
60177
City
South Elgin
Street
Terrace Ln
Coordinates
41.98027, -88.35016

Comparable properties nearby

Frequently asked questions

When did 551 Terrace Ln last sell?
No public-record sale is on file for 551 Terrace Ln.
What is the current tax assessment for 551 Terrace Ln?
The most recent total assessment for 551 Terrace Ln (year 2025) is $203,722 with $14,883 in property tax.
When was 551 Terrace Ln built?
551 Terrace Ln was built in 2001.
How does 551 Terrace Ln compare to others on Terrace Ln?
We track 4 other properties on Terrace Ln. Browse the list under "Other properties on Terrace Ln" to compare beds, baths, and sale history.
What are the property facts for 551 Terrace Ln?
551 Terrace Ln is a 4 bed, 5 bath, 3,180 sqft, 10,411 sqft lot single_family.
Is 551 Terrace Ln a flip candidate?
No — 551 Terrace Ln does not appear in our flips dataset.
Is 551 Terrace Ln a tax-appeal candidate?
No — 551 Terrace Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-11.4%
Implied 1-yr
-45.7%
2026 Q3
$258.5K
2026 Q4
$258.5K
ZIP 60177 — Median Price History + Forecast

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