OFF MARKET

Off Market Aug 2022 for $285K

—

Est. refi paymentEst. refi $2,295/mo

•

—

sq ft

503 Summit St, Algonquin, IL 60102

About this home

Amazing Investment Opportunity! Legal Non-Conforming two-unit home in highly sought after location. Separate Electric Meters. One unit is ranch unit with basement - has main floor main bedroom and bathroom w/ kitchen and dining area, along with 3 lower level rooms used for bedrooms and another living area. 2nd full bathroom on lower level as well. Upstairs apartment is over the garage and is a 1 bedroom/1 bathroom apartment with kitchen and combination living room/eating area. Extra large fenced in backyard, 2 car garage, and large shared laundry room make this place even more desirable for interested tenants. Come check this one out today and start earning income! Or live in one half and rent out the other side to help cover the bills! An in-law or joint family arrangement is yet another possible use for this home! Don't miss out on this amazing rare opportunity! Bring your updates and ideas to make this place work for you!!!

Multi-familyProperty Type

1960Year Built

0.29 acresLot Size

2 car garageParking

Listed by Kate Schumacher • Baird & Warner Real Estate - Algonquin

Listed by Kelly Hagele • Baird & Warner Real Estate - Algonquin

Bought with Deborah Toscano • Century 21 Circle

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #11429930

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 60102, IL

Last updated July 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.6%

+0.4% MoM

Median sale price

$418K

$594 MoM

Avg. days on market

48d

3 days MoM

Recently sold homes

147

7 MoM

New listings for sale

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$575,000
4 beds2.5 baths3,047 sq ft
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NEW
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NEW
$400,000
2 beds2 baths2,968 sq ft
4041 Whitehall Ln, Algonquin, IL 60102
NEW 28 HRS AGO
$239,500
2 beds2 baths979 sq ft
2006 Teton Pkwy, Algonquin, IL 60102
OPEN TODAY TO 2PM
$369,999
4 beds1.5 baths1,968 sq ft
33 Center St, Algonquin, IL 60102
OPEN TODAY, 12PM TO 2PM
$615,000
4 beds2.5 baths4,809 sq ft
260 Summerdale Ln, Algonquin, IL 60102
$350,000
4 beds2 baths— sq ft
3 Madison St, Algonquin, IL 60102
OPEN TODAY, 12PM TO 2PM
$395,000
3 beds2 baths1,313 sq ft
1010 Fox Run Ln, Algonquin, IL 60102
$475,000
4 beds2.5 baths2,692 sq ft
3 Falcon Ridge Ct, Algonquin, IL 60102
OPEN SEP 5, 9AM TO 4PM
$739,000
4 beds2 baths3,000 sq ft
701 Fairway View Dr, Algonquin, IL 60102
See all

Provided by Redfin

Sale history for 503 Summit St

Year

Property tax

Land + Additions

Assessment*

2025

$7,770 (+6.4%)

$15,152 + $85,790

$100,942

2024

$7,304 (+4.5%)

$14,015 + $79,354

$93,369

2023

$6,991 (+17.9%)

$12,535 + $70,972

$83,507

2022

$5,928 (+3.7%)

$18,796 + $50,333

$69,129

2021

$5,715 (+2.4%)

$17,511 + $46,891

$64,402

2020

$5,578 (+2.2%)

$16,891 + $45,231

$62,122

2019

$5,460 (+4.3%)

$16,167 + $43,292

$59,459

2018

$5,236 (+1.6%)

$14,935 + $39,993

$54,928

2017

$5,153 (+1.0%)

$14,935 + $39,993

$54,928

2016

$5,103 (+1.5%)

$14,070 + $37,676

$51,746

2015

$5,030 (−15.4%)

$13,196 + $35,337

$48,533

2013

$5,949 (+2.2%)

$12,311 + $43,285

$55,596

2012

$5,820 (+4.6%)

$13,123 + $46,141

$59,264

2011

$5,562 (+2.5%)

$14,430 + $50,738

$65,168

2010

$5,425 (+3.2%)

$15,422 + $54,225

$69,647

2008

$5,257 (+5.7%)

$15,422 + $61,417

$76,839

2007

$4,973

$14,996 + $59,721

$74,717

Tax history for 503 Summit St

Year

Property tax

Land + Additions

Assessment*

2025

$7,770 (+6.4%)

$15,152 + $85,790

$100,942

2024

$7,304 (+4.5%)

$14,015 + $79,354

$93,369

2023

$6,991 (+17.9%)

$12,535 + $70,972

$83,507

2022

$5,928 (+3.7%)

$18,796 + $50,333

$69,129

2021

$5,715 (+2.4%)

$17,511 + $46,891

$64,402

2020

$5,578 (+2.2%)

$16,891 + $45,231

$62,122

2019

$5,460 (+4.3%)

$16,167 + $43,292

$59,459

2018

$5,236 (+1.6%)

$14,935 + $39,993

$54,928

2017

$5,153 (+1.0%)

$14,935 + $39,993

$54,928

2016

$5,103 (+1.5%)

$14,070 + $37,676

$51,746

2015

$5,030 (−15.4%)

$13,196 + $35,337

$48,533

2013

$5,949 (+2.2%)

$12,311 + $43,285

$55,596

2012

$5,820 (+4.6%)

$13,123 + $46,141

$59,264

2011

$5,562 (+2.5%)

$14,430 + $50,738

$65,168

2010

$5,425 (+3.2%)

$15,422 + $54,225

$69,647

2008

$5,257 (+5.7%)

$15,422 + $61,417

$76,839

2007

$4,973

$14,996 + $59,721

$74,717

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

—

Baths

1.5

Stories

Lot width

95 ft.

Lot depth

132 ft.

Lot size

0.29 Acres

Year renovated

—

Sq. Ft.

1,544

Year built

1960

Style

Single Family Residential

County

McHenry County

APN

19-34-333-002

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jun 15, 2026.

Property details

Parking

Parking Information
# Of Cars: 2
# of Garage Spaces: 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Attached
Garage Details: Garage Door Opener(s),Transmitter(s)

Interior

Bathroom Information
# of Baths (Full): 3

Bedroom Information
# of Bedrooms: 4
# of Bedrooms Possible: 4

Additional Rooms Information
Basement: Full
Basement Description: Finished

Interior Features
# of Rooms: 10

Equipment
CO Detectors, Ceiling Fan(s)

Exterior

Exterior Features
Exterior Features: Deck, Porch

Building Information
# Of Units in Building: 2
Exterior Building Type: Aluminum Siding,Brick
Age: 61-70 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter

Property Information
Property Type: Two to Four Units
Conversion (Y/N): N
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 1934333002

Lot Information
Dimensions: 95X132X95X132
Lot Size: .25-.49 Acre
Lot Features: Fenced Yard

Financial

Tax Information
Tax Annual Amount: $5,714.58
Tax Year: 2021

Financial Information
Finance Code: VA
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Steam, Baseboard

Location

Multi-Unit Information
3 Br Unit(s) In Bldg: Yes

Community Information
Community Features: Sidewalks, Street Paved

Unit Type 1 Information
Floor Number: 1
# of Rooms: 7
# of Bedrooms: 3
# of Bathrooms (Total): 2
# of Full Bathrooms: 2
Appliances and Features: Stove,Refrigerator,Dishwasher,Microwave,Window Air Conditioner,Garage/Space
Security Deposit: 0
Tenant Pays: Electric,Gas
Lease Expiration Date: Monday, August 1, 2022

Unit Type 2 Information
Floor Number: 2
# of Rooms: 3
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Window Air Conditioner,Garage/Space
Tenant Pays: Electric,Gas
Lease Expiration Date: N/A

School Information
Elementary School District: 300
Elementary School: Eastview Elementary School
Middle Or Junior School District: 300
Middle Or Junior School: Algonquin Middle School
High School District: 300
High School: Dundee-Crown High School

Location Information
Subdivision Name: Janak
Township: Algonquin
Corporate Limits: Algonquin
Directions: Algonquin Rd. (Rte 62) just East of the River/Bridge to Hubbard S to Webster Left to Summit Right to PIQ on Left.

Public facts

Beds: —
Baths: 1.5
Sq. Ft.: 1,544
Stories: 2.0
Lot Size: 0.29 acres
Style: Single Family Residential
Year Built: 1960
Year Renovated: —
County: McHenry County
APN: 19-34-333-002

Home facts updated by county records on Jun 15, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools

Eastview Elementary School

Public PreK-5 • Assigned • 0.3mi

9/10

Algonquin Middle School

Public 6-8 • Assigned • 0.3mi

6/10

Dundee-Crown High School

Public 9-12 • Assigned • 2.0mi

6/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 14 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Algonquin, IL • 60102

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.4 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.4 hrs

JuneDecember

Provided by Shadowmap

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New listings for sale in 60102

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$575,000

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$629,900

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2020 Carlisle St, Algonquin, IL 60102

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2006 Teton Pkwy, Algonquin, IL 60102

OPEN TODAY TO 2PM

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33 Center St, Algonquin, IL 60102

OPEN TODAY, 12PM TO 2PM

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260 Summerdale Ln, Algonquin, IL 60102

$350,000

4 beds2 baths— sq ft

3 Madison St, Algonquin, IL 60102

OPEN TODAY, 12PM TO 2PM

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1010 Fox Run Ln, Algonquin, IL 60102

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Home values near 503 Summit St

Data from public records.

Address	Redfin Estimate
520 Summit Street, Algonquin, IL 3 Beds \| 2 Baths \| - Sq. Ft.	$289,046
515 Summit Street, Algonquin, IL - Beds \| 1.5 Baths \| 1194 Sq. Ft.	$285,443

Address	Redfin Estimate
525 Summit Street, Algonquin, IL 3 Beds \| 1.5 Baths \| 2189 Sq. Ft.	$345,448
509 Summit Street, Algonquin, IL 3 Beds \| 1.5 Baths \| 1320 Sq. Ft.	$403,341

Address	Redfin Estimate
521 Summit Street, Algonquin, IL - Beds \| 2 Baths \| 1810 Sq. Ft.	$343,830
532 Summit Street, Algonquin, IL 4 Beds \| 2 Baths \| 2052 Sq. Ft.	$376,882

Property information provided by MRED as Distributed by MLS Grid when last listed in 2022. This data may not match . Learn more.

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About this home

Redfin Estimate

Market trends in 60102, IL

Sale history for 503 Summit St

Tax history for 503 Summit St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60102

Home values near 503 Summit St

More real estate resources