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741 Lake Cornish Way; Algonquin, IL Property Details

741 Lake Cornish Way, Algonquin, IL is a Single Family that was built in 2002. This property is currently Financed,New Construction and is not for sale. Our records show that 741 Lake Cornish Way has 4 bedrooms, and a total of 2,762 square feet. The lot size of 741 Lake Cornish Way is 11,082 square feet.

Off market
741 Lake Cornish Way Algonquin, IL 60102
$155,338 Estimated Value
4 Beds
2,762 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 2002
  • Purchase Price: $300,000
  • Open Loans / Balance: 2 / $269,255
  • Est. Equity / %: $286,745 / 51.57%
  • Gross Yield: 9.037%
  • APN: 03-02-151-014
  • Situs County: Kane
  • Length Of Ownership: 23 years, 6 months

Rooms

  • Bedrooms: 4
  • Total Rooms: 10

Structure

  • Stories: 2

Measurements

  • Total: 2,762/SqFt
  • Lot: 11,082/SqFt
  • Gross: 4,866/SqFt
  • Garage: 640/SqFt
  • Living: 2,762/SqFt
  • Basement: 1,464/SqFt
  • Building: 4,866/SqFt
  • Ground: 1,684/SqFt
  • Price Per Square Foot: $108.62

Legal Description

  • Description: ALGONQUIN LAKES UNIT 4B - LOT # 114 RANGE CODE: 8 EAST TOWNSHIP 42 NORTH
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: 42.148964 / -88.27361
  • Subdivision: Algonquin Lakes
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Plus Four: 5054
  • Cooling: Central
  • Garage: Attached Garage
  • Parking: 2

HOA

  • H O A One Type: Planned Unit Development

Ownership Info

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

Taxes

741 Lake Cornish Way has 10 associated Taxes items

741 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 $155,338. The APN we've located for 741 Lake Cornish Way is 03-02-151-014.

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Taxes
  • Assessed Value:  $155,338
  • Assessed Year:  2025
  • Assessed County:  Kane
  • APN:  03-02-151-014
  • Assessed Land Value:  28154
  • Market Land Value:  84496
  • Tax Amount:  10079.76
  • Tax Year:  2025
  • Market Value:  466200
  • Market Year:  2025

Tax History

741 Lake Cornish Way has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $155,338 Land Value $28,154 Improvement Value $127,184 Tax Amount $10,079.76 Change Rate Assessed CR Tax Rate +0.064889%
Year 2024 Assessed Value $141,965 Land Value $25,730 Improvement Value $116,235 Tax Amount Change Rate Assessed CR Tax Rate
Year 2023 Assessed Value $127,735 Land Value $23,151 Improvement Value $104,584 Tax Amount $9,745.06 Change Rate +0.061426% Assessed CR Tax Rate +0.076291%
Year 2022 Assessed Value $115,860 Land Value $23,151 Improvement Value $92,709 Tax Amount $9,181.1 Change Rate +0.029782% Assessed CR Tax Rate +0.079243%
Year 2021 Assessed Value $109,395 Land Value $21,859 Improvement Value $87,536 Tax Amount $8,915.58 Change Rate +0.019609% Assessed CR Tax Rate +0.081499%
Year 2020 Assessed Value $106,936 Land Value $21,368 Improvement Value $85,568 Tax Amount $8,744.12 Change Rate +0.031064% Assessed CR Tax Rate +0.08177%
Year 2019 Assessed Value $101,515 Land Value $20,285 Improvement Value $81,230 Tax Amount $8,480.68 Change Rate -0.030846% Assessed CR Tax Rate +0.083541%
Year 2018 Assessed Value $102,821 Land Value $19,883 Improvement Value $82,938 Tax Amount $8,750.6 Change Rate -0.989794% Assessed CR Tax Rate +0.085105%
Year 2017 Assessed Value $96,185 Land Value $18,600 Improvement Value $77,585 Tax Amount $857,415.38 Change Rate +90.660515% Assessed CR Tax Rate +8.914232%
Year 2016 Assessed Value $92,653 Land Value $18,522 Improvement Value $74,131 Tax Amount $9,354.25 Change Rate Assessed CR Tax Rate +0.10096%
Year 2015 Assessed Value $86,819 Land Value $17,356 Improvement Value $69,463 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $83,190 Land Value $16,877 Improvement Value $66,313 Tax Amount Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $85,737 Land Value $17,394 Improvement Value $68,343 Tax Amount Change Rate Assessed CR Tax Rate