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531 Lake Cornish Way; Algonquin, IL Property Details

531 Lake Cornish Way, Algonquin, IL is a Single Family that was built in 2001. This property is currently Financed,New Construction and is not for sale. Our records show that 531 Lake Cornish Way has 4 bedrooms, and a total of 2,768 square feet. The lot size of 531 Lake Cornish Way is 10,358 square feet.

Off market
531 Lake Cornish Way Algonquin, IL 60102
$165,658 Estimated Value
4 Beds
2,768 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Trust
  • Owner Status: Trust
  • Year Built: 2001
  • Purchase Price: $334,000
  • Open Loans: 2
  • Gross Yield: 9.635%
  • APN: 03-02-153-004
  • Situs County: Kane
  • Length Of Ownership: 24 years, 8 months

Rooms

  • Bedrooms: 4
  • Total Rooms: 10

Structure

  • Stories: 2

Measurements

  • Total: 2,768/SqFt
  • Lot: 10,358/SqFt
  • Gross: 4,875/SqFt
  • Garage: 640/SqFt
  • Living: 2,768/SqFt
  • Basement: 1,467/SqFt
  • Building: 4,875/SqFt
  • Ground: 1,687/SqFt
  • Price Per Square Foot: $120.66

Legal Description

  • Description: ALGONQUIN LAKES UNIT 3B SUBDIVISION: ALGONQUIN LAKES RANGE CODE: 8 E TWSHP 42N
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: 42.150375 / -88.2762
  • Subdivision: Algonquin Lakes
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 4257
  • Cooling: Central
  • Fireplaces: 1
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

531 Lake Cornish Way has 10 associated Taxes items

531 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 $165,658. The APN we've located for 531 Lake Cornish Way is 03-02-153-004.

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Taxes
  • Assessed Value:  $165,658
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-02-153-004
  • Assessed Land Value:  28154
  • Market Land Value:  84496
  • Tax Amount:  11405.04
  • Tax Year:  2025
  • Market Value:  497173
  • Market Year:  2025

Tax History

531 Lake Cornish Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $165,658 Land Value $28,154 Improvement Value $137,504 Tax Amount $11,405.04 Change Rate Assessed CR Tax Rate +0.068847%
Year 2024 Assessed Value $151,396 Land Value $25,730 Improvement Value $125,666 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $136,221 Land Value $23,151 Improvement Value $113,070 Tax Amount $10,435.74 Change Rate +0.055569% Assessed CR Tax Rate +0.076609%
Year 2022 Assessed Value $124,299 Land Value $23,151 Improvement Value $101,148 Tax Amount $9,886.36 Change Rate +0.029544% Assessed CR Tax Rate +0.079537%
Year 2021 Assessed Value $117,363 Land Value $21,859 Improvement Value $95,504 Tax Amount $9,602.66 Change Rate +0.019512% Assessed CR Tax Rate +0.08182%
Year 2020 Assessed Value $114,725 Land Value $21,368 Improvement Value $93,357 Tax Amount $9,418.88 Change Rate +0.03083% Assessed CR Tax Rate +0.0821%
Year 2019 Assessed Value $108,909 Land Value $20,285 Improvement Value $88,624 Tax Amount $9,137.18 Change Rate -0.024489% Assessed CR Tax Rate +0.083897%
Year 2018 Assessed Value $109,622 Land Value $19,883 Improvement Value $89,739 Tax Amount $9,366.56 Change Rate -0.989796% Assessed CR Tax Rate +0.085444%
Year 2017 Assessed Value $102,547 Land Value $18,600 Improvement Value $83,947 Tax Amount $917,900.81 Change Rate +89.90179% Assessed CR Tax Rate +8.951025%
Year 2016 Assessed Value $100,017 Land Value $18,522 Improvement Value $81,495 Tax Amount $10,097.72 Change Rate Assessed CR Tax Rate +0.10096%
Year 2015 Assessed Value $93,719 Land Value $17,356 Improvement Value $76,363 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $92,560 Land Value $16,877 Improvement Value $75,683 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $95,394 Land Value $17,394 Improvement Value $78,000 Tax Amount Change Rate Assessed CR Tax Rate