503 Summit St, Algonquin, IL 60102
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OFF MARKET

503 Summit St
Algonquin, IL 60102

  • 3 Beds
  • 2 Baths
  • 1,544 sqft (on 0.28 acres)

$356,800

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,535/mo*
Refinance Your Home

$356,800

Trulia Estimate
as of Aug 10, 2026
Est. Refi. Payment $2,535/mo*
Refinance Your Home
3 Beds
2 Baths
1,544 sqft
(on 0.28 acres)

Local Information

  • Map ViewExplore the area around 503 Summit St.
  • Schools1 Preschool School1 Elementary School2 Middle Schools2 High Schools
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1960
Lot Size
0.28 acres
Living Area
1,544 sqft
Price/Sqft
$231
Parking
Garage

About this House

Home has main floor master and 1 full bathroom, kitchen living room/dining room along w/ 3 lower level rooms and full bathroom on lower level. great bedrooms and extra living space! Extra Large fenced in backyard, 2 car shared garage, and large laundry room. Property manager lives in upstairs Apartment above Garage. Fenced in backyard, and other amenities make this desirable for a small family. Quiet Neighboorhood, and close to Library, Park with Pool and Parochial and Public Schools, close to shopping.

Owner pays for Electric, and Gas Heat.
503 Summit St, Algonquin, IL 60102 is a 3 bedroom, 2 bathroom, 1,544 sqft single-family home built in 1960. It last sold for $285,000 on Aug 22, 2022. More recently, it was listed as a rental in July 2020 with an asking price of $1,300 per month. That rental listing was removed on February 24, 2021. It is currently off market. The Trulia Estimate is $356,800, with a rent estimate of $2,742/month.

Home Details for 503 Summit St

Interior Features

Heating & Cooling
Heating: BaseboardHeating Fuel: Baseboard
Appliances & Utilities
DishwasherMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: Asphalt, OtherExterior: BrickLawn
Parking & Garage
GarageParking Spaces: 2Parking: Garage Detached, Off Street

Property Information

Year Built
Year Built: 1960
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 2

Lot Information

Lot Area: 0.28 acres

Additional Information

On Site Laundry Available

Price History for 503 Summit St

DatePriceEventSource
08/22/2022$285,000Sold
MRED as distributed by MLS GRID #11429930
02/24/2021ListingRemovedN/A
07/30/2020$1,300ListingRemovedN/A
07/29/2020$1,300Listed For RentN/A
06/04/2020$230,000ListingRemovedAgent Provided
05/28/2020$230,000Listed For SaleAgent Provided

Market trends in Algonquin

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$393K
$7.25KMoM
Sale-to-List Price
100.6%
0.9%MoM
Price per sq ft
$202
$4MoM
Available listings
80
5MoM
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Property Tax and Assessment

Year2024
Tax$7,304
Assessment$280,107
Home facts updated by county records

Comparable Sales for 503 Summit St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1205 Rattray Dr, Algonquin, IL
0.34
Single-Family Home
$384,900
01/13/26
3
2
1,605
814 Scott St, Algonquin, IL
0.28
Single-Family Home
$405,000
06/25/26
3
2
2,270
530 Sunshine Ct, Algonquin, IL
0.19
Single-Family Home
$415,000
04/27/26
3
3
2,054
21 Division St, Algonquin, IL
0.32
Single-Family Home
$360,000
03/26/26
3
1.5
1,450
641 Webster St, Algonquin, IL
0.26
Single-Family Home
$305,800
07/31/26
4
2
2,456
27 Center St, Algonquin, IL
0.34
Single-Family Home
$350,000
09/25/25
3
2
1,830
3 Sunset Ln, Algonquin, IL
0.41
Single-Family Home
$350,000
04/10/26
2
2
1,810
20 Hickory Ln, Algonquin, IL
0.53
Single-Family Home
$370,000
09/30/25
3
2
1,736
815 Carriage Dr, Algonquin, IL
0.49
Single-Family Home
$407,000
05/20/26
3
2
1,500
102 Center St, Algonquin, IL
0.37
Single-Family Home
$375,000
12/29/25
4
2
1,563

Nearby homes

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Assigned Schools

These are the assigned schools for 503 Summit St.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Algonquin

At least 199 Trulia users voted on each feature.

  • 94 % Say it's dog friendly

  • 91 % Say car is needed

  • 86 % Say parking is easy

  • 85 % Say yards are well-kept

  • 83 % Say there are sidewalks

  • 82 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 76 % Say kids play outside

  • 73 % Say it's quiet

  • 71 % Say there's wildlife

  • 67 % Say streets are well-lit

  • 60 % Say neighbors are friendly

  • 56 % Say they plan to stay for at least 5 years

  • 47 % Say it's walkable to restaurants

  • 45 % Say it's walkable to grocery stores

  • 37 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Samratdeb
    "Lot of yard spaces, public parks"
    0
    Flag
  • Nick Diaz
    "Tight knit community, not overcrowded, very friendly community. Great landscaping in the neighborhood, no litter, and lots of kids."
    0
    Flag
  • Karolina Stepek
    "Main Street arts/crafts kiosks and events, friendly and welcoming neighborhood, also fantastic food and recreation spots "
    0
    Flag
  • Bbending
    "It’s very friendly, beautiful downtown. Convenient shopping and restaurants. Good schools: public and private. "
    1
    Flag
  • Holly t.
    "I live cross street for 6 years, in Algonquin 15 years, , good neighborhood , everything convenient , "
    1
    Flag
  • Gary
    "Great friendly neighborhood. Lots of children and young families. Perfect place to raise a family. Plenty of shopping and dining available."
    0
    Flag
  • Karl H.
    "I drive 30 miles. There are options to take the train within a 15 minute drive. walking is not a good option for many people. "
    0
    Flag
  • Alex A.
    "none whatsoever. everybody mind their own business. it is quiet and nobody cares who comes and goes. "
    0
    Flag
  • Alex A.
    "schools, library and shopping in the same block! you can't beat that. Also there's a lot of opportunities to work within 15 minutes drive."
    0
    Flag
  • Lightboy006
    "I commute to O'Hare and even during rush hour it takes no more than 45 minutes, 30-35 minutes on average. Easy access to I-90."
    2
    Flag
  • Allcircuits
    "They would like everything because I am a dog owner. There are tons of dog in my area and it’s a quite neighborhood. "
    0
    Flag
  • Martin J. G.
    "Really nice neighborhood to raise a family. Everything is close schools and stores, district 300 one of the best."
    0
    Flag
  • Ckred27
    "I work from home so don’t have one. But traffic is ok. Randall rd can get backed up during rush hour esp w the construction but there are ways to avoid it."
    4
    Flag
  • Joe M.
    "Love the neighborhood love the fox river and the downtown are it’s just beautiful and peaceful are I would highly recommend Algonquin to everyone "
    0
    Flag
  • GH
    "My neighborhood is becoming more diverse each year. Lots of construction and development projects symbolize economic growth."
    0
    Flag
  • jack
    "It’s fine if you clean up after your dog i love living here. It’s a nice neighborhood. Lawn is maintained. Snow removed included in association fees."
    3
    Flag
  • Diane J.
    "Most people in the neighborhood have dogs and there are several veterinarians in the area. Also dog friendly restaurants in summer"
    0
    Flag
  • Felix N
    "Daily drive consists of watching beautiful horse farms and forestry preserves. Unfortunate rush hour traffic is gridlock. "
    1
    Flag
  • Anonymous
    "You see people walking their dogs all the time in my neighborhood. This is a very pet friendly area with a few parks within walking distance."
    0
    Flag
  • Jack
    "Founders Days Carnival, bands & fireworks in late July, summer concerts on the Fox river and block parties. "
    0
    Flag
  • Kelly K.
    "Nice area close to tons of amenities! Quiet neighborhood, well-kempt. so much shopping, restaurants. Only 2 blocks from Randall Road Corridor."
    1
    Flag
  • Asiag123
    "Friendly family neighborhood very clean with lots to do including tons of shopping. Summers are fun with lots of events"
    0
    Flag
  • Trulia User
    "good area, safe, good school district, Dundee crown is a good school lots of shopping close, Kane county Park district lots to do for kids "
    0
    Flag
  • Jen
    "In the summer there are bands along the River by Port Edward restaurant. The downtown area is being redone and it’s a traffic nightmare currently but it’s bringing new businesses to the area and it’s looking much nicer."
    0
    Flag
  • Carol J.
    "Love the community and night life downtown. Close to everything...shopping, grocery, the river walk and summer concerts beside the river.....so happy to call Algonquin home!!"
    0
    Flag
  • D3vilwoman
    "I love the riverfront, and all the summer community activities. Algonquin road can be a bit of a nightmare at times...but I love how close I am to shopping and family"
    0
    Flag
  • Sergio E.
    "The people are fantastic. Everyone is very friendly and very willing to lend a helping hand. Nearly every home is well kept and pride of ownership is very evident. "
    0
    Flag
  • Rhiann L. O.
    "the neighborhood has turned over to young kids again. there are always kids outside during the summer."
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

8 pet-friendly rentals in Algonquin, IL

Explore by feature - Garage

18 rentals with a garage in Algonquin, IL

Explore by feature - Air Conditioning

19 rentals with air conditioning in Algonquin, IL

Explore by feature - Washer/dryer

18 rentals with a washer/dryer in Algonquin, IL

Homes for sale near 503 Summit St

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Off Market Homes Near 503 Summit St

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Frequently asked questions about 503 Summit St

  • What is 503 Summit St estimated to be worth?
    Trulia's estimated value for 503 Summit St in Algonquin, IL is $356,800.
  • What is the price history for 503 Summit St?
    503 Summit St in Algonquin, IL last sold for $285,000 in August 2022.
  • Is Algonquin a buyer's or seller's market?
    Algonquin is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Algonquin?
    The median sale price in Algonquin is $393K. That is down $7.25K from the prior month.
  • Does 503 Summit St have laundry facilities?
    Yes, 503 Summit St in Algonquin, IL has laundry facilities.
  • How big is the lot at 503 Summit St?
    The lot at 503 Summit St in Algonquin, IL is about 0.29 acres (12,632 sq ft).