1501 Lancaster Ln, Algonquin, IL 60102 Property Records

Kane County property record for 1501 Lancaster Ln, Algonquin, IL 60102

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 2,600 sqft · built 1996
Lot Size	0.291 acres (12,666 sqft)
Owner	2 Individual Names on Record
Last Sale	$365,000 (Oct 2008)
Tax Bill	$10,742 (2025)
Deeds & Mortgages	Jun 2022 Mortgage Jun 2018 Mortgage
Flood Zone	Zone X (minimal risk)
APN	`03-04-354-001`

Property Details

APN / Parcel Number

Primary APN	`03-04-354-001`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	9 Rooms
Stories	2 Stories
Building Area	2,600 sqft Living Area
Gross Area	4,576 sqft
1st Floor Area	1,700 sqft
Basement Area	1,304 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1996
Effective Year Built	Effective 1996
Architectural Style	Contemporary
Lot Area	12,666 sqft (0.291 acres)
Garage Type	Attached
Garage Area	672 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Water Source	Commercial

Location & Zoning

Street Address	1501 LANCASTER LN
City	ALGONQUIN
State	IL
Zip	60102-6048
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	LOT 587 WILLOUGHBY FARMS UNIT 21 SUBDIVISION: WILLOUGHBY FARMS RANGE CODE: 8 E TWSHP 42N
Legal Subdivision	WILLOUGHBY FARMS
Legal Block	4
Legal Lot Number	587
Legal Unit	21
Jurisdiction	KANE IL
Township / Civil Division	DUNDEE
Census Block Group	4
Census Block	4024
Census Tract	850106

Owner

Source: Kane County records, as of July 23, 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	2 Individual Names on Record
Mailing Address	1501 LANCASTER LN, ALGONQUIN, IL 60102-6048
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Deeds, Mortgages & Sale History

Date	Document
Jun 3, 2022	Deed of Trust, Mortgage · Unknown FIRST AMERICAN BANK
Jun 26, 2018	Deed of Trust, Mortgage · Commercial Mortgage FIRST AMERICAN BANK

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 9, 2008 · Amount on Record
Deed Sale	Oct 9, 2008 · Amount on Record
Prior Sale	Oct 4, 1996 · Amount on Record
Deed Document Number	200877524
Record Updated	Oct 29, 2026

June 2022: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	1501 LANCASTER LN, ALGONQUIN, IL 60102-6048
Transaction Type	Mortgage
Record Updated	Jun 9, 2022

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000029455
Date	Jun 3, 2022
Instrument	2022K029455

Lender

Name	FIRST AMERICAN BANK
Type	Bank
Address	HAMPSHIRE, IL 60140

Agreement

Type	Unknown
Amount	Amount Recorded
Term	120 Months
Due	Jun 1, 2032

Interest

Rate Type	Adjustable Rate
Rate	3.5%
Change Frequency	Monthly
Index	LIBOR
Max Rate	18%

June 2018: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	1501 LANCASTER LN, ALGONQUIN, IL 60102-6048
Transaction Type	Mortgage
Record Updated	Feb 5, 2021
Title Company	ACCURATE TITLE GROUP

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000030340
Date	Jun 26, 2018
Instrument	2018K030340

Lender

Name	FIRST AMERICAN BANK
Type	Bank
Address	HAMPSHIRE, IL 60140

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded
Term	121 Months
Due	Jul 1, 2028

Interest

Rate Type	Adjustable Rate
Change Frequency	Monthly

Tax Assessment & Valuation

Source: Kane County assessment roll, as of July 23, 2026

Property Jurisdictions

Type	Name
State	Illinois
Municipality	Algonquin Village
County	Kane County
County Subdivision	Dundee Township
Unified School District	Community Unit School District 300 (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$10,742.00 (+9.81%) Homeowner's exemption	$156,379 (+9.42%) Land $28,988 Building $127,391	$469,325 (+9.42%) Land $86,999 Building $382,326
2024		$142,916 (+14.56%) Land $26,492 Building $116,424	$428,920 (+14.61%) Land $79,508 Building $349,412
2022	$9,782.00 (+3.11%) Homeowner's exemption	$124,748 (+5.91%) Land $23,837 Building $100,911	$374,244 (+5.91%) Land $71,511 Building $302,733
2021	$9,487.00 Homeowner's exemption	$117,787 Land $22,507 Building $95,280	$353,361 Land $67,521 Building $285,840

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

Source: FEMA National Flood Hazard Layer, effective October 8, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Nearby Flood Policies	1 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 94% of the US · lower than 65% of Illinois
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	ALGONQUIN serves 30,700 people · EPA ID IL1110050
Water Source	Groundwater
Last State Inspection	Aug 2025
Lead	2 ppb (2026–2028) action level 15 ppb
Copper	1.6 mg/L (2022–2024) action level 1.3 mg/L

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 268 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
T-Mobile Fixed Wireless	100 / 20
AT&T DSL	100 / 20

May also be available: Verizon.

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