Large Location Icon

425 Summit St; Algonquin, IL Property Details

425 Summit St, Algonquin, IL is a Residential General that was built in 1958. This property is currently a cash purchase and is not for sale. Our records show that 425 Summit St has 3 bedrooms, and 1 bathroom, and a total of 1,528 square feet. The lot size of 425 Summit St is 11,220 square feet.

Off market
425 Summit St Algonquin, IL 60102
$370,000 Listing Price
3 Beds
1 Baths
1,528 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1958
  • Purchase Price: $370,000
  • Est. Equity / %: $380,000 / 100%
  • Gross Yield: 8.709%
  • APN: 19-34-329-006
  • Situs County: Mchenry
  • Length Of Ownership: 1 year

Rooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full Bathrooms: 1

Structure

  • Stories: 1

Measurements

  • Total: 1,528/SqFt
  • Lot: 11,220/SqFt
  • Living: 1,528/SqFt
  • Basement: 1,284/SqFt
  • Building: 2,812/SqFt
  • Ground: 1,528/SqFt
  • Price Per Square Foot: $242.15

Legal Description

  • Description: DOC 784454 LT 2 BLK 11 JANAKS 3RD 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: 42.160297 / -88.28865
  • Subdivision: Janaks 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2848
  • Heating: Forced air unit

Ownership Info

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

Taxes

425 Summit St has 10 associated Taxes items

425 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 $82,579. The APN we've located for 425 Summit St is 19-34-329-006.

Unlock the full report
Taxes
  • Assessed Value:  $82,579
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-34-329-006
  • Assessed Land Value:  13682
  • Market Land Value:  41046
  • Tax Amount:  5208.26
  • Tax Year:  2024
  • Market Value:  247737
  • Market Year:  2024

Tax History

425 Summit St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $82,579 Land Value $13,682 Improvement Value $68,897 Tax Amount $5,208.26 Change Rate +0.075354% Assessed CR Tax Rate +0.06307%
Year 2023 Assessed Value $73,857 Land Value $12,237 Improvement Value $61,620 Tax Amount $4,843.3 Change Rate +0.096102% Assessed CR Tax Rate +0.065577%
Year 2022 Assessed Value $62,524 Land Value $16,863 Improvement Value $45,661 Tax Amount $4,418.66 Change Rate +0.053934% Assessed CR Tax Rate +0.070671%
Year 2021 Assessed Value $58,249 Land Value $15,710 Improvement Value $42,539 Tax Amount $4,192.54 Change Rate +0.569722% Assessed CR Tax Rate +0.071976%
Year 2020 Assessed Value $56,187 Land Value $15,154 Improvement Value $41,033 Tax Amount $2,670.88 Change Rate -0.022121% Assessed CR Tax Rate +0.047536%
Year 2019 Assessed Value $53,778 Land Value $14,504 Improvement Value $39,274 Tax Amount $2,731.3 Change Rate -0.036646% Assessed CR Tax Rate +0.050788%
Year 2018 Assessed Value $49,680 Land Value $13,399 Improvement Value $36,281 Tax Amount $2,835.2 Change Rate -0.178117% Assessed CR Tax Rate +0.057069%
Year 2017 Assessed Value $46,802 Land Value $12,623 Improvement Value $34,179 Tax Amount $3,449.64 Change Rate -0.002792% Assessed CR Tax Rate +0.073707%
Year 2016 Assessed Value $43,896 Land Value $11,839 Improvement Value $32,057 Tax Amount $3,459.3 Change Rate +0.037551% Assessed CR Tax Rate +0.078807%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $3,334.1 Change Rate -0.018308% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $3,396.28 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $50,106 Land Value $11,044 Improvement Value $39,062 Tax Amount Change Rate Assessed CR Tax Rate