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509 Summit St; Algonquin, IL Property Details

509 Summit St, Algonquin, IL is a Residential General that was built in 1961. This property is currently Financed and is not for sale. Our records show that 509 Summit St has 3 bedrooms, and 1 bathroom, and a total of 1,320 square feet. The lot size of 509 Summit St is 11,220 square feet.

Off market
509 Summit St Algonquin, IL 60102
$352,500 Listing Price
3 Beds
1 Baths
1,320 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1961
  • Purchase Price: $352,500
  • Open Loans / Balance: 1 / $193,946
  • Est. Equity / %: $184,054 / 48.69%
  • Gross Yield: 8.406%
  • APN: 19-34-333-003
  • Situs County: Mchenry
  • Length Of Ownership: 1 year, 3 months

Rooms

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

Structure

  • Stories: 1

Measurements

  • Total: 1,320/SqFt
  • Lot: 11,220/SqFt
  • Living: 1,320/SqFt
  • Basement: 1,320/SqFt
  • Building: 2,640/SqFt
  • Ground: 1,320/SqFt
  • Price Per Square Foot: $267.05

Legal Description

  • Description: DOC 2021R0002026 /EX NELY 79FT/ LT 6 & /EX SLY 26FT/ LT 5 BLK 12 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: 42.159393 / -88.28944
  • Subdivision: Janaks 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2850
  • Heating: Hot Water

Ownership Info

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

Taxes

509 Summit St has 10 associated Taxes items

509 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 $97,708. The APN we've located for 509 Summit St is 19-34-333-003.

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Taxes
  • Assessed Value:  $97,708
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-34-333-003
  • Assessed Land Value:  13691
  • Market Land Value:  41073
  • Tax Amount:  7017.56
  • Tax Year:  2024
  • Market Value:  293124
  • Market Year:  2024

Tax History

509 Summit St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $97,708 Land Value $13,691 Improvement Value $84,017 Tax Amount $7,017.56 Change Rate +0.055955% Assessed CR Tax Rate +0.071822%
Year 2023 Assessed Value $87,388 Land Value $12,245 Improvement Value $75,143 Tax Amount $6,645.7 Change Rate +0.427697% Assessed CR Tax Rate +0.076048%
Year 2022 Assessed Value $60,278 Land Value $16,863 Improvement Value $43,415 Tax Amount $4,654.84 Change Rate +0.045919% Assessed CR Tax Rate +0.077223%
Year 2021 Assessed Value $56,156 Land Value $15,710 Improvement Value $40,446 Tax Amount $4,450.48 Change Rate -0.084998% Assessed CR Tax Rate +0.079252%
Year 2020 Assessed Value $54,168 Land Value $15,154 Improvement Value $39,014 Tax Amount $4,863.9 Change Rate +0.021695% Assessed CR Tax Rate +0.089793%
Year 2019 Assessed Value $51,845 Land Value $14,504 Improvement Value $37,341 Tax Amount $4,760.62 Change Rate +0.042834% Assessed CR Tax Rate +0.091824%
Year 2018 Assessed Value $47,894 Land Value $13,399 Improvement Value $34,495 Tax Amount $4,565.08 Change Rate +0.016052% Assessed CR Tax Rate +0.095316%
Year 2017 Assessed Value $45,119 Land Value $12,623 Improvement Value $32,496 Tax Amount $4,492.96 Change Rate +0.364289% Assessed CR Tax Rate +0.09958%
Year 2016 Assessed Value $42,317 Land Value $11,839 Improvement Value $30,478 Tax Amount $3,293.26 Change Rate +1.077478% Assessed CR Tax Rate +0.077824%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $1,585.22 Change Rate -0.180985% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $1,935.52 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $46,881 Land Value $11,044 Improvement Value $35,837 Tax Amount Change Rate Assessed CR Tax Rate