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1491 Richmond Ln; Algonquin, IL Property Details

1491 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 1491 Richmond Ln has 4 bedrooms, and 3 bathrooms, and a total of 2,528 square feet. The lot size of 1491 Richmond Ln is 9,944 square feet.

Off market
1491 Richmond Ln Algonquin, IL 60102
$267,500 Listing Price
4 Beds
3 Baths
2,528 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1997
  • Purchase Price: $267,500
  • Open Loans / Balance: 1 / $221,151
  • Est. Equity / %: $361,849 / 62.07%
  • Gross Yield: 7.937%
  • APN: 03-04-355-006
  • Situs County: Kane
  • Length Of Ownership: 8 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Total Rooms: 9

Structure

  • Stories: 2

Measurements

  • Total: 2,528/SqFt
  • Lot: 9,944/SqFt
  • Gross: 4,100/SqFt
  • Garage: 462/SqFt
  • Living: 2,528/SqFt
  • Basement: 1,110/SqFt
  • Building: 4,100/SqFt
  • Ground: 1,418/SqFt
  • Price Per Square Foot: $105.81

Legal Description

  • Description: LOT 550 WILLOUGHBY FARMS UNIT 22 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: 42.139664 / -88.31465
  • 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: $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 Richmond Ln has no associated ownership info
1491 Richmond Ln has no associated ownership info.

Taxes

1491 Richmond Ln has 10 associated Taxes items

1491 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 $151,837. The APN we've located for 1491 Richmond Ln is 03-04-355-006.

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Taxes
  • Assessed Value:  $151,837
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-04-355-006
  • Assessed Land Value:  25651
  • Market Land Value:  76984
  • Tax Amount:  10413.42
  • Tax Year:  2025
  • Market Value:  455693
  • Market Year:  2025

Tax History

1491 Richmond Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $151,837 Land Value $25,651 Improvement Value $126,186 Tax Amount $10,413.42 Change Rate Assessed CR Tax Rate +0.068583%
Year 2024 Assessed Value $138,766 Land Value $23,443 Improvement Value $115,323 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $124,857 Land Value $21,093 Improvement Value $103,764 Tax Amount $9,402.74 Change Rate +0.069891% Assessed CR Tax Rate +0.075308%
Year 2022 Assessed Value $112,685 Land Value $21,093 Improvement Value $91,592 Tax Amount $8,788.5 Change Rate +0.03141% Assessed CR Tax Rate +0.077992%
Year 2021 Assessed Value $106,397 Land Value $19,916 Improvement Value $86,481 Tax Amount $8,520.86 Change Rate +0.020641% Assessed CR Tax Rate +0.080086%
Year 2020 Assessed Value $104,005 Land Value $19,468 Improvement Value $84,537 Tax Amount $8,348.54 Change Rate +0.031966% Assessed CR Tax Rate +0.080271%
Year 2019 Assessed Value $98,733 Land Value $18,481 Improvement Value $80,252 Tax Amount $8,089.94 Change Rate +0.014644% Assessed CR Tax Rate +0.081938%
Year 2018 Assessed Value $96,778 Land Value $18,115 Improvement Value $78,663 Tax Amount $7,973.18 Change Rate -0.989781% Assessed CR Tax Rate +0.082386%
Year 2017 Assessed Value $90,532 Land Value $16,946 Improvement Value $73,586 Tax Amount $780,232.38 Change Rate +95.336525% Assessed CR Tax Rate +8.618305%
Year 2016 Assessed Value $82,736 Land Value $16,408 Improvement Value $66,328 Tax Amount $8,099.03 Change Rate Assessed CR Tax Rate +0.09789%
Year 2015 Assessed Value $77,335 Land Value $17,040 Improvement Value $60,295 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $71,633 Land Value $16,569 Improvement Value $55,064 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $73,825 Land Value $17,076 Improvement Value $56,749 Tax Amount Change Rate Assessed CR Tax Rate