Kane County Recorder Sandy Wegman (2023) | The Kane County Recorder’s Office
Kane County Recorder Sandy Wegman (2023) | The Kane County Recorder’s Office
The median sales price of a Kane County home in the fourth quarter of 2023 was $300,000, based on data from the 1,320 properties sold during that time. In 2023, the median tax bill for the county was $6,782, which is 2.3% of the median value of the homes that were taxed.
This is 2 times higher than the average effective property tax rate of 1.11% in the U.S. in 2023.
The analysis of Kane County real estate data showed homeowners in Lily Lake and Wayne paid the highest rates.
The above article calculates the effective property tax rate for 2023 using estimated inflation values and 2022 tax data provided by the county. In some cases, the actual effective property tax rate may vary slightly.
The following table compares Lily Lake with some other cities belonging to Kane County by their median effective property tax rate, calculated using sales and property tax data from the fourth quarter of 2023.
City | Q4 2023 Sales | Q4 2023 Median Price | Median tax 2023 | Effective tax rate |
---|---|---|---|---|
Lily Lake | 3 | $80,000 | $10,130 | 12.7% |
Wayne | 4 | $547,300 | $15,922 | 2.9% |
West Dundee | 22 | $313,500 | $8,706 | 2.8% |
Maple Park | 6 | $262,000 | $7,285 | 2.8% |
Gilberts | 21 | $300,000 | $7,919 | 2.6% |
East Dundee | 22 | $212,000 | $5,484 | 2.6% |
Elburn | 21 | $355,000 | $8,810 | 2.5% |
Hampshire | 26 | $327,500 | $7,831 | 2.4% |
Sleepy Hollow | 7 | $370,000 | $8,926 | 2.4% |
South Elgin | 40 | $325,000 | $7,673 | 2.4% |
Geneva | 88 | $428,500 | $10,205 | 2.4% |
Sugar Grove | 30 | $381,250 | $9,227 | 2.4% |
Pingree Grove | 27 | $305,000 | $7,018 | 2.3% |
North Aurora | 57 | $325,000 | $7,476 | 2.3% |
Algonquin | 20 | $381,250 | $8,518 | 2.2% |
Elgin | 235 | $274,000 | $6,003 | 2.2% |
St. Charles | 78 | $380,000 | $8,300 | 2.2% |
Batavia | 69 | $407,260 | $9,155 | 2.2% |
Carpentersville | 83 | $247,000 | $5,088 | 2.1% |
Burlington | 6 | $344,000 | $6,905 | 2% |
Campton Hills | 36 | $544,450 | $11,128 | 2% |
Aurora | 271 | $230,000 | $4,518 | 2% |
Huntley | 45 | $329,900 | $6,419 | 1.9% |
Montgomery | 27 | $275,000 | $5,316 | 1.9% |
Big Rock | 4 | $376,250 | $6,386 | 1.7% |
Prestbury | 7 | $500,000 | $7,901 | 1.6% |
Exposition View | 2 | $150,000 | $2,465 | 1.6% |
Scraper-Moecherville | 4 | $301,000 | $2,123 | 0.7% |