Large Location Icon

8 Madison St; Algonquin, IL Property Details

8 Madison St, Algonquin, IL is a Residential General that was built in 1902. This property is currently a cash purchase and is not for sale. Our records show that 8 Madison St has 2 bedrooms, and 1.5 bathrooms, and a total of 1,599 square feet. The lot size of 8 Madison St is 4,356 square feet.

Off market
8 Madison St Algonquin, IL 60102
$195,000 Listing Price
2 Beds
1.5 Baths
1,599 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Individual
  • Owner Status: Individual
  • Year Built: 1902
  • Purchase Price: $195,000
  • Est. Equity / %: $258,000 / 100%
  • Gross Yield: 12.967%
  • APN: 19-34-160-008
  • Situs County: Mchenry
  • Length Of Ownership: 2 years, 7 months

Rooms

  • Bedrooms: 2
  • Bathrooms: 1.5
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Structure

  • Stories: 2

Measurements

  • Total: 1,599/SqFt
  • Lot: 4,356/SqFt
  • Living: 1,599/SqFt
  • Basement: 450/SqFt
  • Building: 2,049/SqFt
  • Ground: 949/SqFt
  • Price Per Square Foot: $121.95

Legal Description

  • Description: DOC 2023R0024648 RR NW1/2 LT 5 BLK 13 PLUMLEIGHS 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: 42.164055 / -88.29304
  • Subdivision: Plumleighs Addn
  • Property Class: Residential
  • County Use Code: 0040

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 2620
  • Heating: Forced air unit

Ownership Info

8 Madison St has no associated ownership info
8 Madison St has no associated ownership info.

Taxes

8 Madison St has 10 associated Taxes items

8 Madison 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 $68,532. The APN we've located for 8 Madison St is 19-34-160-008.

Unlock the full report
Taxes
  • Assessed Value:  $68,532
  • Assessed Year:  2024
  • Assessed County:  Mchenry
  • APN:  19-34-160-008
  • Assessed Land Value:  11765
  • Market Land Value:  35295
  • Tax Amount:  5361.04
  • Tax Year:  2024
  • Market Value:  205596
  • Market Year:  2024

Tax History

8 Madison St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2024 Assessed Value $68,532 Land Value $11,765 Improvement Value $56,767 Tax Amount $5,361.04 Change Rate +0.044846% Assessed CR Tax Rate +0.078227%
Year 2023 Assessed Value $61,293 Land Value $10,522 Improvement Value $50,771 Tax Amount $5,130.94 Change Rate +0.080915% Assessed CR Tax Rate +0.083712%
Year 2022 Assessed Value $54,533 Land Value $14,527 Improvement Value $40,006 Tax Amount $4,746.85 Change Rate +0.343986% Assessed CR Tax Rate +0.087045%
Year 2021 Assessed Value $50,804 Land Value $13,534 Improvement Value $37,270 Tax Amount $3,531.92 Change Rate +0.034946% Assessed CR Tax Rate +0.069521%
Year 2020 Assessed Value $49,006 Land Value $13,055 Improvement Value $35,951 Tax Amount $3,412.66 Change Rate +0.035131% Assessed CR Tax Rate +0.069638%
Year 2019 Assessed Value $46,904 Land Value $12,495 Improvement Value $34,409 Tax Amount $3,296.84 Change Rate +0.069854% Assessed CR Tax Rate +0.070289%
Year 2018 Assessed Value $43,330 Land Value $11,543 Improvement Value $31,787 Tax Amount $3,081.58 Change Rate +0.077118% Assessed CR Tax Rate +0.071119%
Year 2017 Assessed Value $40,819 Land Value $10,874 Improvement Value $29,945 Tax Amount $2,860.95 Change Rate -0.002896% Assessed CR Tax Rate +0.070089%
Year 2016 Assessed Value $38,285 Land Value $10,199 Improvement Value $28,086 Tax Amount $2,869.26 Change Rate +0.042412% Assessed CR Tax Rate +0.074945%
Year 2015 Assessed Value Land Value Improvement Value Tax Amount $2,752.52 Change Rate +0.000909% Assessed CR Tax Rate
Year 2014 Assessed Value Land Value Improvement Value Tax Amount $2,750.02 Change Rate Assessed CR Tax Rate
Year 2013 Assessed Value $36,631 Land Value $9,515 Improvement Value $27,116 Tax Amount Change Rate Assessed CR Tax Rate