$340,000
SOLD AUG 14, 2025

18 Madison St Algonquin, IL 60102

4 Beds
2 Baths
-- Sq Ft
8,712 Sq Ft Lot

Recently Sold

1 Day on Market

Highlights

  • Property is near park
  • Victorian Architecture
  • 4-minute walk to Cornish Park
  • Eastview Elementary School Rated A
  • Paved or Partially Paved Lot

About This Home

As of August 2025

Welcome to 18 Madison Street-a rare find offering two generously sized units ideal for both savvy investors and owner-occupants alike. Each flat features 2 spacious bedrooms, 1 full bath, a large eat-in kitchen, separate dining room, and ample living space. Thoughtfully designed storage rooms in each unit and a full basement with laundry ensure space is never an issue. Additional highlights include a two-car garage, allowing each unit its own enclosed parking space, plus a wide driveway for added convenience. Situated in the heart of Downtown Algonquin, the nearby dining, shopping, and entertainment options are numerous. This property also enjoys close proximity to the scenic Prairie Path, plenty of parks, and the Fox River-perfect for kayaking, fishing, or a relaxing day picnicking riverside. As part of the Historic Downtown District, 18 Madison benefits from Algonquin's Historic Preservation Code, which protects the timeless charm of the neighborhood while allowing tasteful modern updates. Don't miss your chance to own a piece of historic Algonquin with built-in flexibility and an unbeatable location. Selling As-Is.

Last Agent to Sell the Property

Christie Gabriel

Keller Williams Inspire License #475203002 Listed on: 06/24/2025

Keller Williams Inspire

Last Buyer's Agent

Michelle Wilks

Keller Williams Inspire License #475187169

Keller Williams Inspire

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,540

Year Built

  • Built in 1883

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 99x132x99x132
  • Paved or Partially Paved Lot

Parking

  • 2 Car Garage

Home Design

  • Victorian Architecture

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Property is near park
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,540

Year Built

Built in 1883

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Year Built: 1883
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Construction Materials: Aluminum Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 99X132X99X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 3

Tax Info

  • Tax Annual Amount: 8540
  • Tax Year: 2023

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2025
Closed on
Aug 14, 2025
Sold by
Amalia Taxacher Declaration Of Trust and Bowes Herta
Bought by
Vontannhauser Hans
Seller's Agent
Christie Gabriel
Keller Williams Inspire
Buyer's Agent
Michelle Wilks
Keller Williams Inspire
List Price
$339,000
Sold Price
$340,000
Premium/Discount to List
$1,000
0.29%
Views
13
Current Estimated Value
$348,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,636
Avg. Annual Appreciation
5.87%
Original Mortgage
$311,355
Outstanding Balance
$311,060
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$37,576

Purchase Details

Closed on
Feb 18, 2021
Sold by
Taxacher Amalia
Bought by
Taxacher Amalia and Amalia Taxacher Trust

Purchase Details

Closed on
Aug 29, 1994
Sold by
Kelly Christopher and Kelly Chris
Bought by
Taxacher Amalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
8.59%
Source: Public Records
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $340,000 None Listed On Document
Interfamily Deed Transfer -- Attorney
Warranty Deed $143,000 Intercounty Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $311,355 FHA
Previous Owner $90,000 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2025 08/14/25 Sold $340,000 +0.3% --
06/25/2025 06/25/25 Pending -- -- --
06/25/2025 06/25/25 Price Changed $339,000 0.0% --
06/25/2025 06/25/25 For Sale $339,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,922 $114,058 $21,076 $92,982
2023 $8,540 $102,011 $18,850 $83,161
2022 $5,290 $61,681 $21,044 $40,637
2021 $5,099 $57,463 $19,605 $37,858
2020 $4,977 $55,429 $18,911 $36,518
2019 $4,871 $53,052 $18,100 $34,952
2018 $4,671 $49,009 $16,721 $32,288
2017 $4,598 $46,169 $15,752 $30,417
2016 $4,554 $43,302 $14,774 $28,528
2013 -- $55,440 $13,783 $41,657
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12385327

Midwest Real Estate Data (MRED)

APN: 19-34-160-007