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1521 Richmond Ln; Algonquin, IL Property Details

1521 Richmond Ln, Algonquin, IL is a Residential General that was built in 1997. This property is currently Financed and is not for sale. Our records show that 1521 Richmond Ln has 4 bedrooms, and 3.5 bathrooms, and a total of 3,100 square feet. The lot size of 1521 Richmond Ln is 9,919 square feet.

For Rent
1521 Richmond Ln Algonquin, IL 60102
$164,282 Estimated Value
4 Beds
3.5 Baths
3,100 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1997
  • Purchase Price: $335,000
  • Open Loans / Balance: 3 / $214,544
  • Est. Equity / %: $380,456 / 63.94%
  • Gross Yield: 8.414%
  • APN: 03-04-355-003
  • Situs County: Kane
  • Length Of Ownership: 23 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 3.5
  • Full Bathrooms: 3
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Stories: 2
  • Exterior Wall Type: Siding (Alum/Vinyl)
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 3,100/SqFt
  • Lot: 9,919/SqFt
  • Gross: 5,319/SqFt
  • Garage: 630/SqFt
  • Living: 3,100/SqFt
  • Basement: 1,589/SqFt
  • Building: 5,319/SqFt
  • Ground: 1,984/SqFt
  • Price Per Square Foot: $108.06

Legal Description

  • Description: LOT 553 WILLOUGHBY FARMS UNIT 22 SUBDIVISION: WILLOUGHBY FARMS RANGE CODE: 8 E TWSHP 42N
Building Insights

Land Information

  • Property Type: Residential General
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Community Unit School District 300
  • Lat / Lon: 42.139683 / -88.3155
  • Subdivision: Willoughby Farms
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 6061
  • 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: Condo  Owner Association

Ownership Info

1521 Richmond Ln has no associated ownership info
1521 Richmond Ln has no associated ownership info.

Taxes

1521 Richmond Ln has 10 associated Taxes items

1521 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 $164,282. The APN we've located for 1521 Richmond Ln is 03-04-355-003.

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Taxes
  • Assessed Value:  $164,282
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-04-355-003
  • Assessed Land Value:  25651
  • Market Land Value:  76984
  • Tax Amount:  11893.58
  • Tax Year:  2025
  • Market Value:  493043
  • Market Year:  2025

Tax History

1521 Richmond Ln has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $164,282 Land Value $25,651 Improvement Value $138,631 Tax Amount $11,893.58 Change Rate Assessed CR Tax Rate +0.072397%
Year 2024 Assessed Value $150,139 Land Value $23,443 Improvement Value $126,696 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $135,090 Land Value $21,093 Improvement Value $113,997 Tax Amount $10,869.84 Change Rate +0.025441% Assessed CR Tax Rate +0.080464%
Year 2022 Assessed Value $128,677 Land Value $21,093 Improvement Value $107,584 Tax Amount $10,600.16 Change Rate +0.02798% Assessed CR Tax Rate +0.082378%
Year 2021 Assessed Value $121,497 Land Value $19,916 Improvement Value $101,581 Tax Amount $10,311.64 Change Rate +0.019243% Assessed CR Tax Rate +0.084872%
Year 2020 Assessed Value $118,765 Land Value $19,468 Improvement Value $99,297 Tax Amount $10,116.96 Change Rate +0.028598% Assessed CR Tax Rate +0.085185%
Year 2019 Assessed Value $112,744 Land Value $18,481 Improvement Value $94,263 Tax Amount $9,835.68 Change Rate +0.01105% Assessed CR Tax Rate +0.087239%
Year 2018 Assessed Value $110,512 Land Value $18,115 Improvement Value $92,397 Tax Amount $9,728.18 Change Rate -0.989805% Assessed CR Tax Rate +0.088028%
Year 2017 Assessed Value $103,379 Land Value $16,946 Improvement Value $86,433 Tax Amount $954,190.62 Change Rate +98.4956% Assessed CR Tax Rate +9.230024%
Year 2016 Assessed Value $97,970 Land Value $16,408 Improvement Value $81,562 Tax Amount $9,590.28 Change Rate Assessed CR Tax Rate +0.09789%
Year 2015 Assessed Value $91,214 Land Value $17,040 Improvement Value $74,174 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $85,227 Land Value $16,569 Improvement Value $68,658 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $87,836 Land Value $17,076 Improvement Value $70,760 Tax Amount Change Rate Assessed CR Tax Rate