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500 Lake Cornish Way; Algonquin, IL Property Details

500 Lake Cornish Way, Algonquin, IL is a Single Family that was built in 2002. This property is currently Financed and is not for sale. Our records show that 500 Lake Cornish Way has 4 bedrooms, and 2.5 bathrooms, and a total of 2,978 square feet. The lot size of 500 Lake Cornish Way is 13,445 square feet.

Off market
500 Lake Cornish Way Algonquin, IL 60102
$300,000 Listing Price
4 Beds
2.5 Baths
2,978 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2002
  • Purchase Price: $267,500
  • Open Loans / Balance: 1 / $249,195
  • Est. Equity / %: $306,805 / 55.18%
  • Gross Yield: 8.881%
  • APN: 03-02-152-001
  • Situs County: Kane
  • Length Of Ownership: 11 years, 6 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Total Rooms: 10

Structure

  • Stories: 2

Measurements

  • Total: 2,978/SqFt
  • Lot: 13,445/SqFt
  • Gross: 5,016/SqFt
  • Garage: 580/SqFt
  • Living: 2,978/SqFt
  • Basement: 1,458/SqFt
  • Building: 5,016/SqFt
  • Ground: 1,908/SqFt
  • Price Per Square Foot: $89.83

Legal Description

  • Description: ALGONQUIN LAKES UNIT 3B LOT 181
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: 42.151016 / -88.27687
  • Subdivision: Algonquin Lakes
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5028
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

500 Lake Cornish Way has no associated ownership info
500 Lake Cornish Way has no associated ownership info.

Taxes

500 Lake Cornish Way has 10 associated Taxes items

500 Lake Cornish Way, 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 $152,717. The APN we've located for 500 Lake Cornish Way is 03-02-152-001.

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Taxes
  • Assessed Value:  $152,717
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-02-152-001
  • Assessed Land Value:  26645
  • Market Land Value:  79967
  • Tax Amount:  9890.16
  • Tax Year:  2025
  • Market Value:  458334
  • Market Year:  2025

Tax History

500 Lake Cornish Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $152,717 Land Value $26,645 Improvement Value $126,072 Tax Amount $9,890.16 Change Rate Assessed CR Tax Rate +0.064761%
Year 2024 Assessed Value $139,569 Land Value $24,351 Improvement Value $115,218 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $125,579 Land Value $21,910 Improvement Value $103,669 Tax Amount $9,569.6 Change Rate +0.061258% Assessed CR Tax Rate +0.076204%
Year 2022 Assessed Value $113,899 Land Value $21,910 Improvement Value $91,989 Tax Amount $9,017.22 Change Rate +0.029847% Assessed CR Tax Rate +0.079169%
Year 2021 Assessed Value $107,543 Land Value $20,687 Improvement Value $86,856 Tax Amount $8,755.88 Change Rate +0.019638% Assessed CR Tax Rate +0.081417%
Year 2020 Assessed Value $105,125 Land Value $20,222 Improvement Value $84,903 Tax Amount $8,587.24 Change Rate +0.031124% Assessed CR Tax Rate +0.081686%
Year 2019 Assessed Value $99,796 Land Value $19,197 Improvement Value $80,599 Tax Amount $8,328.04 Change Rate -0.01853% Assessed CR Tax Rate +0.083451%
Year 2018 Assessed Value $99,892 Land Value $18,817 Improvement Value $81,075 Tax Amount $8,485.27 Change Rate -0.989793% Assessed CR Tax Rate +0.084944%
Year 2017 Assessed Value $93,444 Land Value $17,602 Improvement Value $75,842 Tax Amount $831,355.88 Change Rate +86.77206% Assessed CR Tax Rate +8.896835%
Year 2016 Assessed Value $93,817 Land Value $18,522 Improvement Value $75,295 Tax Amount $9,471.76 Change Rate Assessed CR Tax Rate +0.10096%
Year 2015 Assessed Value $87,910 Land Value $17,356 Improvement Value $70,554 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $82,868 Land Value $16,877 Improvement Value $65,991 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $85,405 Land Value $17,394 Improvement Value $68,011 Tax Amount Change Rate Assessed CR Tax Rate