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541 Lake Cornish Way; Algonquin, IL Property Details

541 Lake Cornish Way, Algonquin, IL is a Single Family that was built in 2001. This property is currently Financed,Foreclosure and is not for sale. Our records show that 541 Lake Cornish Way has 4 bedrooms, and a total of 2,978 square feet. The lot size of 541 Lake Cornish Way is 10,321 square feet.

Off market
541 Lake Cornish Way Algonquin, IL 60102
$156,598 Estimated Value
4 Beds
2,978 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Related
  • Owner Status: Related
  • Year Built: 2001
  • Purchase Price: $310,000
  • Open Loans / Balance: 1 / $200,668
  • Est. Equity / %: $355,332 / 63.91%
  • Gross Yield: 9.108%
  • APN: 03-02-153-005
  • Situs County: Kane
  • Length Of Ownership: 6 years, 9 months

Rooms

  • Bedrooms: 4
  • Total Rooms: 10

Structure

  • Stories: 2

Measurements

  • Total: 2,978/SqFt
  • Lot: 10,321/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: $104.10

Legal Description

  • Description: ALGONQUIN LAKES UNIT 3B LOT 147 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: 42.150124 / -88.27619
  • 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

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

Taxes

541 Lake Cornish Way has 10 associated Taxes items

541 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 $156,598. The APN we've located for 541 Lake Cornish Way is 03-02-153-005.

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Taxes
  • Assessed Value:  $156,598
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-02-153-005
  • Assessed Land Value:  28154
  • Market Land Value:  84496
  • Tax Amount:  10749.64
  • Tax Year:  2025
  • Market Value:  469982
  • Market Year:  2025

Tax History

541 Lake Cornish Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $156,598 Land Value $28,154 Improvement Value $128,444 Tax Amount $10,749.64 Change Rate Assessed CR Tax Rate +0.068645%
Year 2024 Assessed Value $143,116 Land Value $25,730 Improvement Value $117,386 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $128,771 Land Value $23,151 Improvement Value $105,620 Tax Amount $9,829.38 Change Rate +0.072934% Assessed CR Tax Rate +0.076332%
Year 2022 Assessed Value $115,622 Land Value $23,151 Improvement Value $92,471 Tax Amount $9,161.22 Change Rate +0.029793% Assessed CR Tax Rate +0.079234%
Year 2021 Assessed Value $109,170 Land Value $21,859 Improvement Value $87,311 Tax Amount $8,896.18 Change Rate +0.019612% Assessed CR Tax Rate +0.081489%
Year 2020 Assessed Value $106,716 Land Value $21,368 Improvement Value $85,348 Tax Amount $8,725.06 Change Rate +0.031073% Assessed CR Tax Rate +0.08176%
Year 2019 Assessed Value $101,306 Land Value $20,285 Improvement Value $81,021 Tax Amount $8,462.12 Change Rate -0.023178% Assessed CR Tax Rate +0.08353%
Year 2018 Assessed Value $101,853 Land Value $19,883 Improvement Value $81,970 Tax Amount $8,662.91 Change Rate -0.989794% Assessed CR Tax Rate +0.085053%
Year 2017 Assessed Value $95,279 Land Value $18,600 Improvement Value $76,679 Tax Amount $848,801.81 Change Rate +87.878746% Assessed CR Tax Rate +8.908593%
Year 2016 Assessed Value $94,593 Land Value $18,522 Improvement Value $76,071 Tax Amount $9,550.11 Change Rate Assessed CR Tax Rate +0.10096%
Year 2015 Assessed Value $88,637 Land Value $17,356 Improvement Value $71,281 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $87,265 Land Value $16,877 Improvement Value $70,388 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $89,936 Land Value $17,394 Improvement Value $72,542 Tax Amount Change Rate Assessed CR Tax Rate