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1491 Lancaster Ln; Algonquin, IL Property Details

1491 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 1491 Lancaster Ln has 4 bedrooms, and 4 bathrooms, and a total of 2,957 square feet. The lot size of 1491 Lancaster Ln is 10,175 square feet.

Off market
1491 Lancaster Ln Algonquin, IL 60102
$609,900 Listing Price
4 Beds
4 Baths
2,957 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1996
  • Purchase Price: $156,333
  • Open Loans / Balance: 3 / $225,676
  • Est. Equity / %: $377,324 / 62.57%
  • Gross Yield: 9.057%
  • APN: 03-04-354-002
  • Situs County: Kane
  • Length Of Ownership: 28 years, 8 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 4
  • Total Rooms: 9

Structure

  • Stories: 2

Measurements

  • Total: 2,957/SqFt
  • Lot: 10,175/SqFt
  • Gross: 4,946/SqFt
  • Garage: 677/SqFt
  • Living: 2,957/SqFt
  • Basement: 1,312/SqFt
  • Building: 4,946/SqFt
  • Ground: 1,943/SqFt
  • Price Per Square Foot: $52.87

Legal Description

  • Description: LOT 586 WILLOUGHBY FARMS UNIT 21 SUBDIVISION: WILLOUGHBY FARMS 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: 42.14158 / -88.31444
  • Subdivision: Willoughby Farms
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6046
  • 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

1491 Lancaster Ln has no associated ownership info
1491 Lancaster Ln has no associated ownership info.

Taxes

1491 Lancaster Ln has 10 associated Taxes items

1491 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 $177,092. The APN we've located for 1491 Lancaster Ln is 03-04-354-002.

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Taxes
  • Assessed Value:  $177,092
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-04-354-002
  • Assessed Land Value:  28154
  • Market Land Value:  84496
  • Tax Amount:  11967.28
  • Tax Year:  2025
  • Market Value:  531489
  • Market Year:  2025

Tax History

1491 Lancaster Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $177,092 Land Value $28,154 Improvement Value $148,938 Tax Amount $11,967.28 Change Rate Assessed CR Tax Rate +0.067577%
Year 2024 Assessed Value $161,846 Land Value $25,730 Improvement Value $136,116 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $145,624 Land Value $23,151 Improvement Value $122,473 Tax Amount $11,073.74 Change Rate +0.063429% Assessed CR Tax Rate +0.076043%
Year 2022 Assessed Value $132,408 Land Value $23,151 Improvement Value $109,257 Tax Amount $10,413.24 Change Rate +0.030877% Assessed CR Tax Rate +0.078645%
Year 2021 Assessed Value $125,019 Land Value $21,859 Improvement Value $103,160 Tax Amount $10,101.34 Change Rate +0.020416% Assessed CR Tax Rate +0.080798%
Year 2020 Assessed Value $122,209 Land Value $21,368 Improvement Value $100,841 Tax Amount $9,899.24 Change Rate +0.031437% Assessed CR Tax Rate +0.081003%
Year 2019 Assessed Value $116,014 Land Value $20,285 Improvement Value $95,729 Tax Amount $9,597.52 Change Rate +0.01408% Assessed CR Tax Rate +0.082727%
Year 2018 Assessed Value $113,717 Land Value $19,883 Improvement Value $93,834 Tax Amount $9,464.26 Change Rate -0.989785% Assessed CR Tax Rate +0.083226%
Year 2017 Assessed Value $106,377 Land Value $18,600 Improvement Value $87,777 Tax Amount $926,482.12 Change Rate +91.8969% Assessed CR Tax Rate +8.709421%
Year 2016 Assessed Value $101,882 Land Value $18,009 Improvement Value $83,873 Tax Amount $9,973.23 Change Rate Assessed CR Tax Rate +0.09789%
Year 2015 Assessed Value $90,052 Land Value $17,040 Improvement Value $73,012 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $81,669 Land Value $16,569 Improvement Value $65,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $84,169 Land Value $17,076 Improvement Value $67,093 Tax Amount Change Rate Assessed CR Tax Rate