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1401 Richmond Ln; Algonquin, IL Property Details

1401 Richmond Ln, Algonquin, IL is a Single Family that was built in 1997. This property is currently Financed and is not for sale. Our records show that 1401 Richmond Ln has 4 bedrooms, and a total of 3,230 square feet. The lot size of 1401 Richmond Ln is 14,195 square feet.

Off market
1401 Richmond Ln Algonquin, IL 60102
$168,987 Estimated Value
4 Beds
3,230 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 1997
  • Purchase Price: $300,000
  • Est. Equity / %: $582,000 / 100%
  • Gross Yield: 8.986%
  • APN: 03-04-355-015
  • Situs County: Kane
  • Length Of Ownership: 17 years, 8 months

Rooms

  • Bedrooms: 4
  • Total Rooms: 9

Structure

  • Stories: 2
  • Water Source: Municipal

Measurements

  • Total: 3,230/SqFt
  • Lot: 14,195/SqFt
  • Gross: 5,453/SqFt
  • Garage: 672/SqFt
  • Living: 3,230/SqFt
  • Basement: 1,551/SqFt
  • Building: 5,453/SqFt
  • Ground: 2,343/SqFt
  • Price Per Square Foot: $92.88

Legal Description

  • Description: WILLOUGHBY FARMS UNIT 23 LOT 541
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: 42.139614 / -88.312035
  • Subdivision: Willoughby Farms
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6060
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $650
  • H O A Amount: $250
  • H O A One Frequency: Annual
  • H O A One Name: Willoughby Farm Estates Homeowners Assoc
  • H O A One Type: Home Owner Association

Ownership Info

1401 Richmond Ln has no associated ownership info
1401 Richmond Ln has no associated ownership info.

Taxes

1401 Richmond Ln has 10 associated Taxes items

1401 Richmond Ln, 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 $168,987. The APN we've located for 1401 Richmond Ln is 03-04-355-015.

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Taxes
  • Assessed Value:  $168,987
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-04-355-015
  • Assessed Land Value:  26485
  • Market Land Value:  79487
  • Tax Amount:  11655.02
  • Tax Year:  2025
  • Market Value:  507164
  • Market Year:  2025

Tax History

1401 Richmond Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $168,987 Land Value $26,485 Improvement Value $142,502 Tax Amount $11,655.02 Change Rate Assessed CR Tax Rate +0.06897%
Year 2024 Assessed Value $154,439 Land Value $24,205 Improvement Value $130,234 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $138,959 Land Value $21,779 Improvement Value $117,180 Tax Amount $10,537.44 Change Rate -0.007567% Assessed CR Tax Rate +0.075831%
Year 2022 Assessed Value $134,891 Land Value $21,779 Improvement Value $113,112 Tax Amount $10,617.78 Change Rate +0.030816% Assessed CR Tax Rate +0.078714%
Year 2021 Assessed Value $127,364 Land Value $20,564 Improvement Value $106,800 Tax Amount $10,300.36 Change Rate +0.020395% Assessed CR Tax Rate +0.080873%
Year 2020 Assessed Value $124,501 Land Value $20,102 Improvement Value $104,399 Tax Amount $10,094.48 Change Rate +0.031381% Assessed CR Tax Rate +0.08108%
Year 2019 Assessed Value $118,190 Land Value $19,083 Improvement Value $99,107 Tax Amount $9,787.34 Change Rate +0.014016% Assessed CR Tax Rate +0.08281%
Year 2018 Assessed Value $115,850 Land Value $18,705 Improvement Value $97,145 Tax Amount $9,652.06 Change Rate -0.989785% Assessed CR Tax Rate +0.083315%
Year 2017 Assessed Value $108,373 Land Value $17,498 Improvement Value $90,875 Tax Amount $944,905.25 Change Rate +89.74755% Assessed CR Tax Rate +8.71901%
Year 2016 Assessed Value $106,369 Land Value $16,942 Improvement Value $89,427 Tax Amount $10,412.46 Change Rate Assessed CR Tax Rate +0.09789%
Year 2015 Assessed Value $98,404 Land Value $17,040 Improvement Value $81,364 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $93,239 Land Value $16,569 Improvement Value $76,670 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $96,093 Land Value $17,076 Improvement Value $79,017 Tax Amount Change Rate Assessed CR Tax Rate