Come fall in love with this adorable 3-bedroom, 2-full bath ranch home located in the Gaslight North Neighborhood. Situated on a spacious fenced in corner lot. As you enter this home you will notice the vaulted ceilings giving you a more spacious feel. It leads you into a family room where you can enjoy a nice fire to the left is the kitchen with room for a table. The lower level was used as an entertainment area with wet bar. 2 car garage is right off the kitchen. The backyard has a nice size patio off the garage door that leads to a wood deck, perfect space to enjoy sitting or playing outside. Home is being sold "as is" but at the same time is perfectly livable.
Single-familyProperty Type
1984Year Built
0.28 acresLot Size
$268Est. Price/Sq.Ft.
2 spacesParking
Listed by Glen McDade• Coldwell Banker Realty
Listed by Elizabeth Riter• Coldwell Banker Realty
Bought with Lorena Ramirez-Carrillo• YUB Realty Inc
$5,000 closing cost credit and home warranty also offered on this great home with everything in all the right places whether you are just starting out or downsizing. Volume ceilings, fireplace and hardwood in the living room, new carpet upstairs, a wet bar downstairs for entertaining. An oversized garage and fenced yard that would be an entertainers or gardener's dream with patio and deck too. Notice the newer windows as well! Just a block away from park with tennis courts, walking path, team field and more. Close to all shopping, restaurants and entertainment! This home won't likely last long. I would react quickly. 3rd bedroom is in lookout lower level.
Public Records
Jun 16, 2004
Sold
$193,000
$142/sq ft
Public Records
Jan 4, 2001
Sold
$156,500
$115/sq ft
Public Records
Jun 23, 1995
Sold
$131,900
$97/sq ft
Public Records
May 1, 1989
Sold
$214,000
$157/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$7,056 (+7.1%)
$26,185 + $73,479
$99,664
2024
$6,586 (+5.7%)
$24,221 + $67,967
$92,188
2023
$6,232 (+9.9%)
$21,663 + $60,788
$82,451
2022
$5,668 (+4.4%)
$21,044 + $51,053
$72,097
2021
$5,428 (+2.8%)
$19,605 + $47,562
$67,167
2020
$5,279 (+2.6%)
$18,911 + $45,878
$64,789
2019
$5,143 (+5.2%)
$18,100 + $43,911
$62,011
2018
$4,888 (+2.3%)
$16,721 + $40,564
$57,285
2017
$4,776 (+1.8%)
$16,721 + $40,564
$57,285
2016
$4,691 (+2.4%)
$14,774 + $35,841
$50,615
2015
$4,583 (−0.3%)
$14,774 + $35,841
$50,615
2013
$4,595 (+1.0%)
$13,783 + $35,163
$48,946
2012
$4,549 (+3.5%)
$14,692 + $37,483
$52,175
2011
$4,393 (+1.6%)
$16,156 + $41,217
$57,373
2010
$4,325 (+2.5%)
$17,266 + $44,049
$61,315
2008
$4,218 (+4.2%)
$17,266 + $50,381
$67,647
2007
$4,046
$16,789 + $48,990
$65,779
Tax history for 542 Terrace Dr
Year
Property tax
Land + Additions
Assessment*
2025
$7,056 (+7.1%)
$26,185 + $73,479
$99,664
2024
$6,586 (+5.7%)
$24,221 + $67,967
$92,188
2023
$6,232 (+9.9%)
$21,663 + $60,788
$82,451
2022
$5,668 (+4.4%)
$21,044 + $51,053
$72,097
2021
$5,428 (+2.8%)
$19,605 + $47,562
$67,167
2020
$5,279 (+2.6%)
$18,911 + $45,878
$64,789
2019
$5,143 (+5.2%)
$18,100 + $43,911
$62,011
2018
$4,888 (+2.3%)
$16,721 + $40,564
$57,285
2017
$4,776 (+1.8%)
$16,721 + $40,564
$57,285
2016
$4,691 (+2.4%)
$14,774 + $35,841
$50,615
2015
$4,583 (−0.3%)
$14,774 + $35,841
$50,615
2013
$4,595 (+1.0%)
$13,783 + $35,163
$48,946
2012
$4,549 (+3.5%)
$14,692 + $37,483
$52,175
2011
$4,393 (+1.6%)
$16,156 + $41,217
$57,373
2010
$4,325 (+2.5%)
$17,266 + $44,049
$61,315
2008
$4,218 (+4.2%)
$17,266 + $50,381
$67,647
2007
$4,046
$16,789 + $48,990
$65,779
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Park/Playground, Sidewalks, Street Lights, Paved Street
School Information
Elementary School: Neubert Elementary School
Elementary School District: 300
Junior High: Westfield Community School
Junior High District: 300
High School: H D Jacobs High School
High School District: 300
Location Information
Township: Algonquin
Corporate Limits: Algonquin
Directions: (West) on 62 to S. Main St, slight right on Huntington Dr. follow along to Harnish Dr. Go (South) on Harnish Dr, (South) on Terrace to house OR (North) on 31, (West) on Edgewood Dr, (North) on Hanson Rd, (East) on Terrace Dr to house.
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,362
Stories: 1.0
Lot Size: 0.27 acres
Style: Single Family Residential
Year Built: 1984
Year Renovated: —
County: McHenry County
APN: 19-33-104-041
Home facts updated by county records on Sep 2, 2026
Other
Listing Information
Possession: Closing
Holds Earnest Money: Yes
Seller Concessions: Yes
Seller Concessions Amount/Points: 5000
Around this home
Schools
Kenneth E Neubert Elementary School
Public K-5 • Assigned • 0.2mi
7/10
Westfield Community School
Public PreK-8 • Assigned • 1.5mi
7/10
Harry D Jacobs High School
Public 9-12 • Assigned • 1.5mi
8/10
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
2/10 Heat Factor
7 days above 100° 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)
28
13
36
20
53
32
61
42
69
47
81
61
84
67
80
62
78
56
67
47
49
35
35
21
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
Estimated sale price
$347,000 – $420,000
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