2 months on rocket

1491 Lancaster Ln, Algonquin, IL, 60102

$599,900

Home List Price

$7,124*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
4,500 SqFt
$133/SqFt
House

Location

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1491 Lancaster Ln, Algonquin$599,900

Buyer Closing Credits

$7,124*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built1997
HeatingNatural Gas, Forced Air
CoolingCentral Air, Electric
BasementYes
FireplaceWood Burning
MLS #12182572
Lot Size0.23 Acres
StatusActive

About 1491 Lancaster Ln

Welcome to 1491 Lancaster Lane, nestled in the prestigious Willoughby Farms community of Algonquin, Illinois. This impeccable single-family residence, first time on the market, is an exquisite find for first-time homebuyers, growing families, business executives, and those seeking a multigenerational or related living space with its 4,500 square feet of living space. Boasting a grandeur presence on a 10,175 square foot lot, this home features 5 bedrooms, 3.5 bathrooms, and an impressive 9 parking spaces, including a sizable 3.5-car garage. The dual master suites, one on each floor, provide versatile living arrangements, perfect for accommodating a variety of needs-whether it's an in-law suite, private home office, or luxurious guest quarters. The outdoor area exudes opulence with a 16' x 36' in-ground pool with custom automatic cover as its centerpiece, complete with a vast concrete patio for summertime soirees or tranquil relaxation. The professionally landscaped backyard, accentuated by a charming brick paver walkway, echoes the ambiance of an exclusive retreat. Step inside to be greeted by the grandeur of two-story vaulted ceilings in the living and dining rooms, rich oak floors, and an inviting open-concept kitchen that includes granite countertops, stainless steel appliances, and a generous island. The family room, warmed by a gas fireplace and bespoke bookcases, is the perfect space for creating cherished memories. The second story is a haven in itself, with a luxurious owner's suite that includes a sprawling bathroom, featuring an oversized shower with a rainshower head, a double vanity with makeup area, and a walk-in closet that sets a new standard in spaciousness. Three additional bedrooms, a full bath, and a convenient laundry room complete this level. The finished basement extends your living space, offering a wet bar ideal for hosting and entertainment. Situated mere minutes from the vibrant Randall Road corridor's shopping and dining options, this home is not just a residence, it's a lifestyle. A true gem filled with unparalleled features, 1491 Lancaster Lane is the perfect backdrop for crafting your life's most memorable moments. Secure this exceptional home and enjoy a lifetime of luxury and comfort.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1997
  • Living Area: 4,500 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (630) 530-0900
  • Listing Agent: Mathew Tarailo

Interior Features

Interior Information:

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener, ENERGY STAR Qualified Appliances
  • Basement: Yes
  • Interior: Vaulted/Cathedral Ceilings, Bar-Wet, Hardwood Floors, First Floor Bedroom, In-Law Arrangement, Second Floor Laundry, First Floor Full Bath, Built-in Features, Walk-In Closet(s), Bookcases, Ceiling - 10 Foot, Ceiling - 9 Foot, Center Hall Plan, Ceilings - 9 Foot, Open Floorplan, Some Carpeting, Some Window Treatment, Some Wood Floors, Dining Combo, Drapes/Blinds, Granite Counters, Some Insulated Wndws, Some Storm Doors, Some Wall-To-Wall Cp, Replacement Windows
  • Fireplace: Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Patio, Brick Paver Patio, In Ground Pool, Storms/Screens

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Landscaped, Wooded, Trees, Views, Sidewalk
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Central Air, Electric

Other

Directions Information:

  • Directions: LONGMEADOW PKWY E TO WHITE CHAPEL LN N TO LANCASTER LN W TO 1491

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,900
  • Price Per SqFt: $133/SqFt

HOA Fees:

  • Amount: $250
  • Frequency: Annually

Tax Information:

  • Annual Amount: $9,899
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Algonquin, IL.

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Algonquin, IL

City

Med. Sold Price

$378.3K

Med. Price/SqFt

$185

Avg. Days On Market

17

# of Sold Homes

43

1491 Lancaster Ln vs Algonquin

75 DAYS ON ROCKET

+58 Days

$599,900

+$221.5K More

$133/SqFt

-$53 Less

KEY TAKEAWAY

This property is $221.5K more than the Median Sold Price and $53/SqFt less than other homes in Algonquin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12182572

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (630) 530-0900
  • Listing Agent: Mathew Tarailo

IDX Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

DIGITAL MILLENNIUM COPYRIGHT ACT (DMCA) NOTICE
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.co

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Copyright © 2024 Midwest Real Estate Data LLC (MRED). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 11:16:01 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,899$122,209
2019$9,663$116,014
2018$9,264$113,717
2017$9,265$106,377

History based on county public records data.

Payment Calculator

$3,082

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-954335
7
/10

  • Liberty Elementary School

  • 6500 Miller Rd

  • 1.37 miles

  • Public District Grades KG-5

school-card-donut-954336
9
/10

  • Neubert Elementary School

  • 1100 Huntington Dr

  • 1.90 miles

  • Public District Grades KG-5

school-card-donut-954337
9
/10

  • Eastview Elementary School

  • 540 Longwood Dr

  • 1.93 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $129,310. Most Algonquin, IL residents have annual incomes between $100k-200k. Most families are married, with kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1491 Lancaster Ln

What is the listing price of this property?

The listing price of 1491 Lancaster Ln property is $599,900.

What type of property is this?

The property 1491 Lancaster Ln is a house located in Algonquin, Illinois, 60102.

Is this property for sale now?

Active Listing: 1491 Lancaster Ln is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $9,899 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1491 Lancaster Ln has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 1491 Lancaster Ln is 4,500 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1491 Lancaster Ln is 1997.

Rocket Homes›Illinois›McHenry County›Algonquin›60102›1491 Lancaster Ln

This home is located at 1491 Lancaster Ln in Algonquin, IL and zip code 60102. This 4,500 square foot home, which was built in 1997, sits on a 0.23 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since October 07, 2024 and is currently priced at $599,900.

Over 16 listings were sold over their listed price in November 2024 in Algonquin, IL. In the same period over 18 listings were sold below the listed price and 9 listings were sold for the listed price. The number of homes for sale in Algonquin, IL decreased by 2.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $378,331, while the average time on the real estate market was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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