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302 Summit St; Algonquin, IL Property Details

302 Summit St, Algonquin, IL is a Residential General that was built in 1962. This property is currently Financed and is not for sale. Our records show that 302 Summit St has 3 bedrooms, and 2 bathrooms, and a total of 2,218 square feet. The lot size of 302 Summit St is 11,715 square feet.

Off market
302 Summit St Algonquin, IL 60102
$227,000 Listing Price
3 Beds
2 Baths
2,218 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1962
  • Purchase Price: $227,000
  • Open Loans / Balance: 1 / $191,886
  • Est. Equity / %: $204,114 / 51.54%
  • Gross Yield: 7.976%
  • APN: 19-34-185-008
  • Situs County: Mchenry
  • Length Of Ownership: 8 years

Rooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full Bathrooms: 2
  • Total Rooms: 9

Structure

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

Measurements

  • Total: 2,218/SqFt
  • Lot: 11,715/SqFt
  • Living: 2,218/SqFt
  • Building: 2,218/SqFt
  • Ground: 676/SqFt
  • Price Per Square Foot: $102.34

Legal Description

  • Description: DOC 2018R0020229 LT 2 BLK 8 JANAKS 2ND ADDN
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: 42.162064 / -88.2879
  • Subdivision: Janaks 2nd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2847
  • Cooling: Central
  • Garage: Garage
  • Heating: Forced air unit
  • Parking: 3

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

302 Summit St has no associated ownership info
302 Summit St has no associated ownership info.

Taxes

302 Summit St has 10 associated Taxes items

302 Summit St, Algonquin, IL pays taxes in Mchenry County, IL. The most recent tax assessment records are from 2024 and show that the current assessed value of the property is $100,647. The APN we've located for 302 Summit St is 19-34-185-008.

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Taxes
  • Assessed Value:  $100,647
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-34-185-008
  • Assessed Land Value:  13745
  • Market Land Value:  41235
  • Tax Amount:  7247.48
  • Tax Year:  2024
  • Market Value:  301941
  • Market Year:  2024

Tax History

302 Summit St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $100,647 Land Value $13,745 Improvement Value $86,902 Tax Amount $7,247.48 Change Rate +0.05561% Assessed CR Tax Rate +0.072009%
Year 2023 Assessed Value $90,016 Land Value $12,293 Improvement Value $77,723 Tax Amount $6,865.68 Change Rate +0.214283% Assessed CR Tax Rate +0.076272%
Year 2022 Assessed Value $71,930 Land Value $17,575 Improvement Value $54,355 Tax Amount $5,654.1 Change Rate +0.04441% Assessed CR Tax Rate +0.078606%
Year 2021 Assessed Value $67,011 Land Value $16,373 Improvement Value $50,638 Tax Amount $5,413.68 Change Rate +0.028189% Assessed CR Tax Rate +0.080788%
Year 2020 Assessed Value $64,638 Land Value $15,793 Improvement Value $48,845 Tax Amount $5,265.26 Change Rate +0.026382% Assessed CR Tax Rate +0.081458%
Year 2019 Assessed Value $61,867 Land Value $15,116 Improvement Value $46,751 Tax Amount $5,129.92 Change Rate +0.064339% Assessed CR Tax Rate +0.082919%
Year 2018 Assessed Value $57,152 Land Value $13,964 Improvement Value $43,188 Tax Amount $4,819.82 Change Rate +0.032643% Assessed CR Tax Rate +0.084333%
Year 2017 Assessed Value $53,841 Land Value $13,155 Improvement Value $40,686 Tax Amount $4,667.46 Change Rate -0.002543% Assessed CR Tax Rate +0.08669%
Year 2016 Assessed Value $50,498 Land Value $12,338 Improvement Value $38,160 Tax Amount $4,679.36 Change Rate +0.023728% Assessed CR Tax Rate +0.092664%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,570.9 Change Rate -0.182041% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $5,588.18 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $57,363 Land Value $11,510 Improvement Value $45,853 Tax Amount Change Rate Assessed CR Tax Rate