541 Lake Cornish Way, Algonquin, IL 60102 Property Records

Kane County property record for 541 Lake Cornish Way, Algonquin, IL 60102

Property Summary

Property Type	Single Family Home
Details	4 bd · 2,978 sqft · built 2001
Lot Size	0.237 acres (10,321 sqft)
Owner	2 Individual Names on File
Last Sale	$310,000 (Aug 2019)
Tax Bill	$10,749 (2025)
Deeds & Mortgages	May 2021 Mortgage Sep 2020 Mortgage + 1 more
Flood Zone	Zone X (minimal risk)
APN	`03-02-153-005`

Property Details

APN / Parcel Number

Primary APN	`03-02-153-005`

Interior

Bedrooms	4 Beds
Total Rooms	10 Rooms
Stories	2 Stories
Building Area	2,978 sqft Living Area
Gross Area	5,016 sqft
1st Floor Area	1,908 sqft
Basement Area	1,458 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 2001
Effective Year Built	Effective 2001
Lot Area	10,321 sqft (0.237 acres)
Garage Type	Attached
Garage Area	580 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central

Location & Zoning

Street Address	541 LAKE CORNISH WAY
City	ALGONQUIN
State	IL
Zip	60102-4257
Property Category	Residential
Property Type	Residential > Single Family > Home
Legal Description	ALGONQUIN LAKES UNIT 3B LOT 147 SUBDIVISION: ALGONQUIN LAKES RANGE CODE: 8 E TWSHP 42N
Legal Subdivision	ALGONQUIN LAKES
Legal Block	4
Legal Lot Number	147
Legal Unit	3B
Jurisdiction	KANE IL
Township / Civil Division	DUNDEE
Census Block Group	4
Census Block	4010
Census Tract	850101

Owner

541 Lake Cornish Way is owned and occupied by two individuals who acquired it in July 2020.

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

Owner of Record	2 Individual Names on File
Mailing Address	541 LAKE CORNISH WAY, ALGONQUIN, IL 60102-4257
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Tenants by the Entirety

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
May 13, 2021	Deed of Trust, Mortgage · Conventional Mortgage FAIRWAY INDEPENDENT MORTGAGE CORP
Sep 17, 2020	Quit Claim Deed, Transfer · Conventional Mortgage UNITED WHOLESALE MORTGAGE
Aug 23, 2019	Trustee's Deed, Foreclosure · Conventional Mortgage UNITED WHOLESALE MORTGAGE

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 23, 2019 · Amount on File
Deed Sale	Aug 23, 2019 · Amount on File
Prior Sale	Oct 31, 2001 · Amount on File
Deed Document Number	201938677
Last Transfer Date	Jul 14, 2020
Transfer Doc	0000053604
Record Updated	Oct 29, 2026

May 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	KANE IL
Property Address	541 LAKE CORNISH WAY, ALGONQUIN, IL 60102-4257
Transaction Type	Mortgage
Record Updated	Aug 10, 2023

Transferred To (Grantee/Buyer)

Name	Verified Name

Mortgage

Document Number	0000037645
Date	May 13, 2021
Instrument	2021K037645

Lender

Name	FAIRWAY INDEPENDENT MORTGAGE CORP
Type	Mortgage Company
Address	HAWTHORNE, NJ 7507

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	181 Months
Due	Jun 1, 2036

September 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	KANE IL
Recording Date	Sep 17, 2020
Property Address	541 LAKE CORNISH WAY, ALGONQUIN, IL 60102-4257
Document Number	0000053604
Map Reference	DOC 2001K046527
Instrument Date	Jul 14, 2020
Instrument	2020K053604
Transaction Type	Transfer
Record Updated	Aug 5, 2022
Title Company	FIRST AMERICAN TITLE INS CO

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Tenants by the Entirety
Address	541 LAKE CORNISH WAY, ALGONQUIN, IL 60102-4257

Mortgage

Document Number	0000053605
Date	Sep 17, 2020
Instrument	2020K053605

Lender

Name	UNITED WHOLESALE MORTGAGE
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	178 Months
Due	Jul 1, 2035

Interest

Rate	3.25%

August 2019: Trustee's Deed, Foreclosure

Document Type	Trustee's Deed
Jurisdiction	KANE IL
Recording Date	Aug 23, 2019
Property Address	541 LAKE CORNISH WAY, ALGONQUIN, IL 60102-4257
Document Number	0000038677
Map Reference	DOC 2001K046527
Instrument Date	Aug 5, 2019
Instrument	2019K038677
Transaction Type	Foreclosure
Record Updated	Aug 5, 2022
Title Company	CHICAGO TITLE LAND TRUST CO

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$310.00
Amount Accuracy	Rounded by County
Additional	Lis Pendens

Transferred From (Grantor/Seller)

Name	Verified Name
Address	10 S LA SALLE ST # ST2750, 10, CHICAGO, IL 60603-1002

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	541 LAKE CORNISH WAY, ALGONQUIN, IL 60102-4257

Mortgage

Document Number	0000038678
Date	Aug 23, 2019
Instrument	2019K038678

Lender

Name	UNITED WHOLESALE MORTGAGE
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Sep 1, 2049

Interest

Rate	4.12%

Tax Assessment & Valuation

The 2025 property tax bill for 541 Lake Cornish Way was $10,749 with a homeowner's exemption.

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	$10,749.00 Homeowner's exemption	$156,598 (+9.42%) Land $28,154 Building $128,444	$469,982 (+9.42%) Land $84,496 Building $385,486
2024		$143,116 Land $25,730 Building $117,386	$429,520 Land $77,221 Building $352,299
2022	$9,161.00 (+2.98%) Homeowner's exemption	$115,622 (+5.91%) Land $23,151 Building $92,471	$346,866 (+5.91%) Land $69,453 Building $277,413
2021	$8,896.00 Homeowner's exemption	$109,170 Land $21,859 Building $87,311	$327,510 Land $65,577 Building $261,933

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

FEMA maps place 541 Lake Cornish Way in Zone X, an area of minimal flood risk.

Source: FEMA National Flood Hazard Layer, effective October 8, 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it

Values are read at the parcel center point; lenders make the official flood determination.

Wildfire

The area around 541 Lake Cornish Way has no burnable land within ember reach, so its wildfire risk is not rated.

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

Wildfire Risk	Not rated no burnable land within ember reach

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 467 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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