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1240 Old Mill Ln; Algonquin, IL Property Details

1240 Old Mill Ln, Algonquin, IL is a Residential General that was built in 1985. This property is currently Financed and is not for sale. Our records show that 1240 Old Mill Ln has 3 bedrooms, and 2 bathrooms, and a total of 1,313 square feet. The lot size of 1240 Old Mill Ln is 15,773 square feet.

Off market
1240 Old Mill Ln Algonquin, IL 60102
$107,867 Estimated Value
3 Beds
2 Baths
1,313 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1985
  • Purchase Price: $217,000
  • Open Loans / Balance: 1 / $110,397
  • Est. Equity / %: $217,603 / 66.34%
  • Gross Yield: 8.92%
  • APN: 19-35-103-021
  • Situs County: Mchenry
  • Length Of Ownership: 21 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 6

Structure

  • Stories: 1
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Water Source: Municipal

Measurements

  • Total: 1,313/SqFt
  • Lot: 15,773/SqFt
  • Living: 1,313/SqFt
  • Building: 1,313/SqFt
  • Ground: 1,313/SqFt
  • Price Per Square Foot: $165.27

Legal Description

  • Description: DOC 2005R0065670 LT 61 SPRING CREEK FARMS UNIT 1
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Community Unit School District 300
  • Lat / Lon: 42.166103 / -88.275
  • Subdivision: Spring Creek Farms Unit 1
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 3901
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Heating: Forced air unit
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

1240 Old Mill Ln has no associated ownership info
1240 Old Mill Ln has no associated ownership info.

Taxes

1240 Old Mill Ln has 10 associated Taxes items

1240 Old Mill Ln, Algonquin, IL pays taxes in Mchenry County, IL. The most recent tax assessment records are from 2024 and show that the current assessed value of the property is $107,867. The APN we've located for 1240 Old Mill Ln is 19-35-103-021.

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Taxes
  • Assessed Value:  $107,867
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-35-103-021
  • Assessed Land Value:  24428
  • Market Land Value:  73284
  • Tax Amount:  7812.26
  • Tax Year:  2024
  • Market Value:  323601
  • Market Year:  2024

Tax History

1240 Old Mill Ln has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $107,867 Land Value $24,428 Improvement Value $83,439 Tax Amount $7,812.26 Change Rate +0.054813% Assessed CR Tax Rate +0.072425%
Year 2023 Assessed Value $96,474 Land Value $21,848 Improvement Value $74,626 Tax Amount $7,406.3 Change Rate +0.290966% Assessed CR Tax Rate +0.07677%
Year 2022 Assessed Value $72,897 Land Value $22,842 Improvement Value $50,055 Tax Amount $5,737.02 Change Rate +0.044306% Assessed CR Tax Rate +0.0787%
Year 2021 Assessed Value $67,912 Land Value $21,280 Improvement Value $46,632 Tax Amount $5,493.62 Change Rate +0.028117% Assessed CR Tax Rate +0.080893%
Year 2020 Assessed Value $65,508 Land Value $20,527 Improvement Value $44,981 Tax Amount $5,343.38 Change Rate +0.026326% Assessed CR Tax Rate +0.081568%
Year 2019 Assessed Value $62,699 Land Value $19,647 Improvement Value $43,052 Tax Amount $5,206.32 Change Rate +0.029621% Assessed CR Tax Rate +0.083037%
Year 2018 Assessed Value $59,050 Land Value $16,486 Improvement Value $42,564 Tax Amount $5,056.54 Change Rate +0.044006% Assessed CR Tax Rate +0.085631%
Year 2017 Assessed Value $55,629 Land Value $15,531 Improvement Value $40,098 Tax Amount $4,843.4 Change Rate -0.002533% Assessed CR Tax Rate +0.087066%
Year 2016 Assessed Value $52,175 Land Value $14,567 Improvement Value $37,608 Tax Amount $4,855.7 Change Rate +0.02339% Assessed CR Tax Rate +0.093066%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,744.72 Change Rate -0.012619% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $4,805.36 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $50,204 Land Value $13,589 Improvement Value $36,615 Tax Amount Change Rate Assessed CR Tax Rate