2575 W Algonquin Rd Algonquin, IL 60102
Far West Algonquin NeighborhoodEstimated Value: $1,900,320
Studio
--
Bath
8,391
Sq Ft
$226/Sq Ft
Est. Value
About This Home
This home is located at 2575 W Algonquin Rd, Algonquin, IL 60102 and is currently priced at $1,900,320, approximately $226 per square foot. 2575 W Algonquin Rd 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
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
$743,029
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
$856,124
Interest Rate
6.94%
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
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Home Values in the Area
Average Home Value in this Area
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 | Sahara Holdings Llc | $856,124 | |
| Previous Owner | Cole Taylor Bank | $925,000 |
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 | $42,870 | $548,026 | $112,472 | $435,554 |
| 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
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