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525 Summit St; Algonquin, IL Property Details

525 Summit St, Algonquin, IL is a Residential General that was built in 1963. This property is currently Financed,Foreclosure and is not for sale. Our records show that 525 Summit St has 3 bedrooms, and 1.5 bathrooms, and a total of 2,189 square feet. The lot size of 525 Summit St is 11,220 square feet.

Off market
525 Summit St Algonquin, IL 60102
$89,812 Estimated Value
3 Beds
1.5 Baths
2,189 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 1963
  • Purchase Price: $148,000
  • Open Loans / Balance: 1 / $48,652
  • Est. Equity / %: $343,348 / 87.59%
  • Gross Yield: 7.246%
  • APN: 19-34-333-006
  • Situs County: Mchenry
  • Length Of Ownership: 29 years, 3 months

Rooms

  • Bedrooms: 3
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 2,189/SqFt
  • Lot: 11,220/SqFt
  • Living: 2,189/SqFt
  • Basement: 506/SqFt
  • Building: 2,189/SqFt
  • Ground: 1,058/SqFt
  • Price Per Square Foot: $67.61

Legal Description

  • Description: DOC 2002R0118605 NLY 22FT LT 2 & SLY 63FT LT 3 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: 42.15881 / -88.289894
  • Subdivision: Janaks 3rd Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2850
  • Heating: Forced air unit

Ownership Info

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

Taxes

525 Summit St has 10 associated Taxes items

525 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 $89,812. The APN we've located for 525 Summit St is 19-34-333-006.

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Taxes
  • Assessed Value:  $89,812
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-34-333-006
  • Assessed Land Value:  13698
  • Market Land Value:  41094
  • Tax Amount:  6399.88
  • Tax Year:  2024
  • Market Value:  269436
  • Market Year:  2024

Tax History

525 Summit St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $89,812 Land Value $13,698 Improvement Value $76,114 Tax Amount $6,399.88 Change Rate +0.057056% Assessed CR Tax Rate +0.071259%
Year 2023 Assessed Value $80,325 Land Value $12,251 Improvement Value $68,074 Tax Amount $6,054.44 Change Rate +0.203637% Assessed CR Tax Rate +0.075374%
Year 2022 Assessed Value $64,654 Land Value $16,863 Improvement Value $47,791 Tax Amount $5,030.12 Change Rate +0.045272% Assessed CR Tax Rate +0.077801%
Year 2021 Assessed Value $60,233 Land Value $15,710 Improvement Value $44,523 Tax Amount $4,812.26 Change Rate +0.028634% Assessed CR Tax Rate +0.079894%
Year 2020 Assessed Value $58,101 Land Value $15,154 Improvement Value $42,947 Tax Amount $4,678.3 Change Rate +0.027002% Assessed CR Tax Rate +0.08052%
Year 2019 Assessed Value $55,609 Land Value $14,504 Improvement Value $41,105 Tax Amount $4,555.3 Change Rate +0.053346% Assessed CR Tax Rate +0.081917%
Year 2018 Assessed Value $51,371 Land Value $13,399 Improvement Value $37,972 Tax Amount $4,324.6 Change Rate +0.046716% Assessed CR Tax Rate +0.084184%
Year 2017 Assessed Value $48,395 Land Value $12,623 Improvement Value $35,772 Tax Amount $4,131.59 Change Rate -0.002561% Assessed CR Tax Rate +0.085372%
Year 2016 Assessed Value $45,390 Land Value $11,839 Improvement Value $33,551 Tax Amount $4,142.2 Change Rate +0.024927% Assessed CR Tax Rate +0.091258%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $4,041.46 Change Rate -0.230579% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $5,252.6 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $54,294 Land Value $11,044 Improvement Value $43,250 Tax Amount Change Rate Assessed CR Tax Rate