NOT LISTED FOR SALE

2575 W Algonquin Rd Unit B Algonquin, IL 60102

Far West Algonquin Neighborhood

Estimated Value: $1,900,320

-- Bed
-- Bath
-- Sq Ft
1 Acres

About This Home

This home is located at 2575 W Algonquin Rd Unit B, Algonquin, IL 60102 and is currently priced at $1,900,320. 2575 W Algonquin Rd Unit B is a home located in McHenry County with nearby schools including Westfield Community School, Lincoln Prairie Elementary School, and Harry D Jacobs High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2023
Sold by
New Sahara Holding Llc
Bought by
Bharati Real Estates Llc
Current Estimated Value
$1,900,320

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$750,992
Interest Rate
6.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 5, 2016
Sold by
Sahara Holdings Llc
Bought by
New Saraha Holding Llc

Purchase Details

Closed on
Mar 28, 2008
Sold by
Sahara Holdings Llc
Bought by
County Of Mchenry

Purchase Details

Closed on
Dec 16, 2005
Sold by
Chicago Title Land Trust Co
Bought by
Sahara Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$676,200
Interest Rate
7.25%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 10, 1996
Sold by
Montero Partners Ltd
Bought by
Cole Taylor Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$925,000
Interest Rate
8.09%
Mortgage Type
Commercial

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bharati Real Estates Llc $900,000 Chicago Title
New Saraha Holding Llc -- None Available
County Of Mchenry $15,000 Wheatland Title Guaranty
Sahara Holdings Llc $1,610,000 Chicago Title
Cole Taylor Bank $650,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bharati Real Estates Llc $765,000
Previous Owner New Sahapra Mholding Llc $800,000
Previous Owner Sahara Holdings Llc $738,000
Previous Owner Sahara Holdings Llc $676,200
Previous Owner Sahara Holdings Llc $856,124
Previous Owner Cole Taylor Bank $925,000
Source: Public Records

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
2023 $41,030 $490,140 $245,439 $244,701
2022 $37,937 $442,364 $221,515 $220,849
2021 $36,568 $412,115 $206,368 $205,747
2020 $35,695 $397,525 $199,062 $198,463
2019 $34,937 $380,479 $190,526 $189,953
2018 $3,350,200 $351,482 $176,006 $175,476
Source: Public Records

Map

Illinois McHenry County Algonquin 60102 Far West Algonquin

2575 W Algonquin Rd Unit B, Algonquin, IL

Homes for Sale in Algonquin, IL

This home is located at 2575 W Algonquin Rd Unit B, Algonquin, IL 60102 and is currently priced at $1,900,320. 2575 W Algonquin Rd Unit B is a home located in McHenry County with nearby schools including Westfield Community School, Lincoln Prairie Elementary School, and Harry D Jacobs High School.

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