Large Location Icon

1516 S Main St; Algonquin, IL Property Details

1516 S Main St, Algonquin, IL is a Single Family that was built in 1942. This property is currently Financed and is not for sale. Our records show that 1516 S Main St has 3 bedrooms, and 3 bathrooms, and a total of 2,207 square feet. The lot size of 1516 S Main St is 43,560 square feet.

Off market
1516 S Main St Algonquin, IL 60102
$374,900 Listing Price
3 Beds
3 Baths
2,207 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1942
  • Purchase Price: $171,000
  • Open Loans / Balance: 2 / $147,975
  • Est. Equity / %: $267,025 / 64.34%
  • Gross Yield: 11.034%
  • APN: 03-03-101-003
  • Situs County: Kane
  • Length Of Ownership: 23 years, 1 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Total Rooms: 5

Structure

  • Stories: 1

Measurements

  • Total: 2,207/SqFt
  • Lot: 43,560/SqFt
  • Gross: 2,957/SqFt
  • Garage: 750/SqFt
  • Living: 2,207/SqFt
  • Building: 2,957/SqFt
  • Ground: 1,663/SqFt
  • Price Per Square Foot: $77.48

Legal Description

  • Description: LOT 8 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: 42.153294 / -88.29598
  • Subdivision: Lundstrom Manor
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 3223
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 3

Ownership Info

1516 S Main St has no associated ownership info
1516 S Main St has no associated ownership info.

Taxes

1516 S Main St has 10 associated Taxes items

1516 S Main St, 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 $130,691. The APN we've located for 1516 S Main St is 03-03-101-003.

Unlock the full report
Taxes
  • Assessed Value:  $130,691
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-03-101-003
  • Assessed Land Value:  32058
  • Market Land Value:  96212
  • Tax Amount:  8304.74
  • Tax Year:  2025
  • Market Value:  392230
  • Market Year:  2025

Tax History

1516 S Main St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $130,691 Land Value $32,058 Improvement Value $98,633 Tax Amount $8,304.74 Change Rate Assessed CR Tax Rate +0.063545%
Year 2024 Assessed Value $119,440 Land Value $29,298 Improvement Value $90,142 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $107,468 Land Value $26,361 Improvement Value $81,107 Tax Amount $7,572.14 Change Rate -0.071518% Assessed CR Tax Rate +0.070459%
Year 2022 Assessed Value $110,397 Land Value $29,290 Improvement Value $81,107 Tax Amount $8,155.4 Change Rate +0.030287% Assessed CR Tax Rate +0.073873%
Year 2021 Assessed Value $104,237 Land Value $27,656 Improvement Value $76,581 Tax Amount $7,915.66 Change Rate +0.020059% Assessed CR Tax Rate +0.075939%
Year 2020 Assessed Value $101,893 Land Value $27,034 Improvement Value $74,859 Tax Amount $7,760 Change Rate +0.029363% Assessed CR Tax Rate +0.076158%
Year 2019 Assessed Value $96,728 Land Value $25,664 Improvement Value $71,064 Tax Amount $7,538.64 Change Rate +0.006204% Assessed CR Tax Rate +0.077936%
Year 2018 Assessed Value $94,639 Land Value $48,913 Improvement Value $45,726 Tax Amount $7,492.16 Change Rate -0.989783% Assessed CR Tax Rate +0.079166%
Year 2017 Assessed Value $88,531 Land Value $45,756 Improvement Value $42,775 Tax Amount $733,330.12 Change Rate +89.634056% Assessed CR Tax Rate +8.283315%
Year 2016 Assessed Value $85,720 Land Value $44,303 Improvement Value $41,417 Tax Amount $8,091.11 Change Rate Assessed CR Tax Rate +0.09439%
Year 2015 Assessed Value $80,322 Land Value $41,513 Improvement Value $38,809 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $78,104 Land Value $40,367 Improvement Value $37,737 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $80,495 Land Value $41,603 Improvement Value $38,892 Tax Amount Change Rate Assessed CR Tax Rate