$188,500
SOLD JUN 25, 2020

304 Lake Gillilan Way Unit 262 Algonquin, IL 60102

2 Beds
3 Baths
1,611 Sq Ft
$220/mo HOA Fee

Recently Sold

$117 Per Sq Ft

2% Below List Price

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Loft
  • Breakfast Bar
  • Algonquin Lakes Elementary School Rated A-
  • Attached Garage
  • Patio

About This Home

As of June 2020

TURN KEY CONDITION!! 2 BEDROOMS, 2.1 BATHS AND LOFT OVERLOOKING 2 STORY LIVING ROOM WITH COZY WOOD BURNING FIREPLACE. FRESHLY PAINTED INTERIOR AND CARPETS SHAMPOOED THROUGHOUT. WOOD FLOORS IN FOYER AND KITCHEN. LIGHT AND BRIGHT KITCHEN WITH SUBWAY TILE ACCENTS, DISHWASHER, WASHER AND DRYER AND A/C UNDER 2 YRS. FURNACE AND ROOF UNDER 3 YEARS AND EVEN GARAGE FINISHED AND FRESHLY PAINTED. CLOSE TO ALL SHOPPING, RECREATION WITH LAKE AND RESTAURANTS!!!!!

Last Agent to Sell the Property

Sharon Falco

REMAX Legends License #471018581

REMAX Legends

Last Buyer's Agent

Amarjeet Kaur

Realty Executives Advance License #475172457

Realty Executives Advance

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,548

Year Built

  • 2001

HOA Fees

  • $220 per month

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Loft

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Common Area
  • Storm Screens

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,548

Year Built

2001

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service
  • Unit Floor Level: 1
  • Age: 16-20 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2.1
  • Estimated Year Built: 2001
  • Tax Exemptions: Homeowner
  • Type Attached: Townhouse-2 Story
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2001

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, Laundry Hook-Up in Unit
  • Number Of Rooms: 6
  • Living Room: Dimensions: 15X14, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Equipment: CO Detectors, Ceiling Fan
  • Fireplace Details: Gas Starter
  • Fireplace Location: Living Room
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level, Flooring: Wood Laminate, Windows: None
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Loft
  • Master Bedroom: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Loft, Dimensions: 13X11, On Level: 2nd Level, Flooring: Carpet, Windows: None
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1611
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Aluminum Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Storms/Screens

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Asphalt
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Management: Manager Off-site
  • Pet Information: Cats OK, Dogs OK
  • Common Area Amenities: Bike Room/Bike Trails, Park/Playground
  • Assessment Includes: Common Insurance, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 220
  • Management Contact Name: Robert Moravec
  • Management Phone: 815-459-9187X223

Fee Information

  • Management Company: Northwest Property Mangement

Schools

  • School District: 300
  • Elementary School: Algonquin Lake Elementary School
  • Middle School: Algonquin Middle School
  • High School: Dundee-Crown High School
  • Junior High Dist: 300

Lot Info

  • Lot Dimensions: COMMON
  • Lot Description: Common Grounds
  • Parcel Identification Number: 0302126067

Multi Family

  • Total Number Unitsin Building: 4
  • Number Stories: 2

Tax Info

  • Taxes: 4916.86

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $299,000 +58.6% $186 / Sq Ft
06/25/2020 06/25/20 Sold $188,500 -1.8% $117 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/11/2020 05/11/20 For Sale $191,900 -- $119 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,548 $76,170 $7,532 $68,638
2022 $5,353 $70,050 $7,532 $62,518
2021 $5,186 $66,141 $7,112 $59,029
2020 $5,081 $64,654 $6,952 $57,702
2019 $4,917 $61,377 $6,600 $54,777
2018 $4,922 $59,383 $6,469 $52,914
2017 $4,711 $55,550 $6,051 $49,499
2016 $4,825 $53,786 $5,859 $47,927
2015 -- $50,399 $5,490 $44,909
2014 -- $44,499 $5,338 $39,161
2013 -- $45,861 $5,501 $40,360
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $179,075 New Conventional
Previous Owner $108,000 New Conventional
Previous Owner $107,211 FHA
Previous Owner $29,481 Stand Alone Second
Previous Owner $174,000 Unknown
Previous Owner $170,400 Purchase Money Mortgage
Previous Owner $182,851 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $188,250 None Available
Warranty Deed $110,000 Alliance Title Corporation
Warranty Deed $213,000 1St American Title
Warranty Deed $199,000 Chicago Title Insurance Co
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10705404

Midwest Real Estate Data (MRED)

APN: 03-02-126-067