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1480 Lancaster Ln; Algonquin, IL Property Details

1480 Lancaster Ln, Algonquin, IL is a Single Family that was built in 1996. This property is currently Financed and is not for sale. Our records show that 1480 Lancaster Ln has 4 bedrooms, and a total of 2,388 square feet. The lot size of 1480 Lancaster Ln is 12,164 square feet.

Off market  •   Pre Probate ✓
1480 Lancaster Ln Algonquin, IL 60102
$154,559 Estimated Value
4 Beds
2,388 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1996
  • Purchase Price: $297,000
  • Est. Equity / %: $601,000 / 100%
  • Gross Yield: 8.047%
  • APN: 03-04-352-014
  • Situs County: Kane
  • Length Of Ownership: 15 years, 5 months

Rooms

  • Bedrooms: 4
  • Total Rooms: 9

Structure

  • Stories: 2

Measurements

  • Total: 2,388/SqFt
  • Lot: 12,164/SqFt
  • Gross: 4,360/SqFt
  • Garage: 660/SqFt
  • Living: 2,388/SqFt
  • Basement: 1,312/SqFt
  • Building: 4,360/SqFt
  • Ground: 1,664/SqFt
  • Price Per Square Foot: $124.37

Legal Description

  • Description: LOT 590 WILLOUGHBY FARMS UNIT 21
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: 42.14211 / -88.31438
  • Subdivision: Willoughby Farms
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6047
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One: $250
  • 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

1480 Lancaster Ln has no associated ownership info
1480 Lancaster Ln has no associated ownership info.

Taxes

1480 Lancaster Ln has 10 associated Taxes items

1480 Lancaster 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 $154,559. The APN we've located for 1480 Lancaster Ln is 03-04-352-014.

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Taxes
  • Assessed Value:  $154,559
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-04-352-014
  • Assessed Land Value:  28154
  • Market Land Value:  84496
  • Tax Amount:  10610.48
  • Tax Year:  2025
  • Market Value:  463863
  • Market Year:  2025

Tax History

1480 Lancaster Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $154,559 Land Value $28,154 Improvement Value $126,405 Tax Amount $10,610.48 Change Rate Assessed CR Tax Rate +0.06865%
Year 2024 Assessed Value $144,342 Land Value $25,730 Improvement Value $118,612 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $129,874 Land Value $23,151 Improvement Value $106,723 Tax Amount $9,806.42 Change Rate +0.035722% Assessed CR Tax Rate +0.075507%
Year 2022 Assessed Value $120,936 Land Value $23,151 Improvement Value $97,785 Tax Amount $9,468.2 Change Rate +0.00806% Assessed CR Tax Rate +0.078291%
Year 2021 Assessed Value $116,667 Land Value $21,859 Improvement Value $94,808 Tax Amount $9,392.5 Change Rate +0.020513% Assessed CR Tax Rate +0.080507%
Year 2020 Assessed Value $114,044 Land Value $21,368 Improvement Value $92,676 Tax Amount $9,203.7 Change Rate +0.031652% Assessed CR Tax Rate +0.080703%
Year 2019 Assessed Value $108,263 Land Value $20,285 Improvement Value $87,978 Tax Amount $8,921.32 Change Rate -0.00676% Assessed CR Tax Rate +0.082404%
Year 2018 Assessed Value $106,119 Land Value $19,883 Improvement Value $86,236 Tax Amount $8,982.04 Change Rate -0.989566% Assessed CR Tax Rate +0.084641%
Year 2017 Assessed Value $99,270 Land Value $18,600 Improvement Value $80,670 Tax Amount $860,884.31 Change Rate +93.089005% Assessed CR Tax Rate +8.67215%
Year 2016 Assessed Value $93,469 Land Value $18,009 Improvement Value $75,460 Tax Amount $9,149.68 Change Rate Assessed CR Tax Rate +0.09789%
Year 2015 Assessed Value $85,668 Land Value $17,040 Improvement Value $68,628 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $81,454 Land Value $16,569 Improvement Value $64,885 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $83,947 Land Value $17,076 Improvement Value $66,871 Tax Amount Change Rate Assessed CR Tax Rate