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1040 Meghan Ave; Algonquin, IL Property Details

1040 Meghan Ave, Algonquin, IL is a Single Family that was built in 1982. This property is currently Financed and is not for sale. Our records show that 1040 Meghan Ave has 3 bedrooms, and a total of 1,476 square feet. The lot size of 1040 Meghan Ave is 8,291 square feet.

Off market
1040 Meghan Ave Algonquin, IL 60102
$107,367 Estimated Value
3 Beds
1,476 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1982
  • Purchase Price: $257,000
  • Open Loans / Balance: 1 / $119,678
  • Est. Equity / %: $223,322 / 65.11%
  • Gross Yield: 11.111%
  • APN: 03-03-229-002
  • Situs County: Kane
  • Length Of Ownership: 19 years, 8 months

Rooms

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Total Rooms: 8
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 1,476/SqFt
  • Lot: 8,291/SqFt
  • Gross: 2,548/SqFt
  • Garage: 400/SqFt
  • Living: 1,476/SqFt
  • Basement: 672/SqFt
  • Building: 2,548/SqFt
  • Ground: 804/SqFt
  • Price Per Square Foot: $174.12

Legal Description

  • Description: LOT 58 RIVERWOOD ESTATES UNIT 1 SUBDIVISION: RIVERWOOD ESTATES RANGE CODE: 8 E TWSHP 42N
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Community Unit School District 300
  • Lat / Lon: 42.153038 / -88.27876
  • Subdivision: Riverwood Estates
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4002
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1040 Meghan Ave has no associated ownership info
1040 Meghan Ave has no associated ownership info.

Taxes

1040 Meghan Ave has 10 associated Taxes items

1040 Meghan Ave, Algonquin, IL pays taxes in Kane County, IL. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $107,367. The APN we've located for 1040 Meghan Ave is 03-03-229-002.

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Taxes
  • Assessed Value:  $107,367
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-03-229-002
  • Assessed Land Value:  27320
  • Market Land Value:  81993
  • Tax Amount:  4888.86
  • Tax Year:  2025
  • Market Value:  322230
  • Market Year:  2025

Tax History

1040 Meghan Ave has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $107,367 Land Value $27,320 Improvement Value $80,047 Tax Amount $4,888.86 Change Rate Assessed CR Tax Rate +0.045534%
Year 2024 Assessed Value $98,124 Land Value $24,968 Improvement Value $73,156 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $88,288 Land Value $22,465 Improvement Value $65,823 Tax Amount $5,498.94 Change Rate -0.155301% Assessed CR Tax Rate +0.062284%
Year 2022 Assessed Value $81,348 Land Value $22,465 Improvement Value $58,883 Tax Amount $6,509.94 Change Rate +0.031843% Assessed CR Tax Rate +0.080026%
Year 2021 Assessed Value $76,808 Land Value $21,211 Improvement Value $55,597 Tax Amount $6,309.04 Change Rate +0.01961% Assessed CR Tax Rate +0.08214%
Year 2020 Assessed Value $75,081 Land Value $20,734 Improvement Value $54,347 Tax Amount $6,187.7 Change Rate +0.033419% Assessed CR Tax Rate +0.082414%
Year 2019 Assessed Value $71,275 Land Value $19,683 Improvement Value $51,592 Tax Amount $5,987.6 Change Rate +0.10801% Assessed CR Tax Rate +0.084007%
Year 2018 Assessed Value $63,755 Land Value $19,293 Improvement Value $44,462 Tax Amount $5,403.92 Change Rate -0.989822% Assessed CR Tax Rate +0.084761%
Year 2017 Assessed Value $59,640 Land Value $18,048 Improvement Value $41,592 Tax Amount $530,917.44 Change Rate +89.781654% Assessed CR Tax Rate +8.902036%
Year 2016 Assessed Value $55,698 Land Value $17,971 Improvement Value $37,727 Tax Amount $5,848.29 Change Rate Assessed CR Tax Rate +0.105%
Year 2015 Assessed Value $52,190 Land Value $16,839 Improvement Value $35,351 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $51,179 Land Value $16,374 Improvement Value $34,805 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $52,745 Land Value $16,875 Improvement Value $35,870 Tax Amount Change Rate Assessed CR Tax Rate