508 Summit St, Algonquin, IL 60102
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Property image
OFF MARKET

508 Summit St
Algonquin, IL 60102

  • 2 Beds
  • 1 Bath
  • 1,092 sqft

$291,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,084/mo*
Refinance Your Home

$291,400

Trulia Estimate
as of Aug 9, 2026
Est. Refi. Payment $2,084/mo*
Refinance Your Home
2 Beds
1 Bath
1,092 sqft

Local Information

  • Map ViewExplore the area around 508 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
1966
Living Area
1,092 sqft
Price/Sqft
$267

About this House

Cute, tastefully decorated, well maintained, 2 bedroom home with hardwood floors throughout most of main level. Newly remodeled bath. IKEA kitchen with lighted cabinet. New water heater in 2014. Home Warranty included. Great for down-sizing or the first time home owner. Only 1/4 mile to Fox River Trail that offers 43 miles of biking, hiking and cross-country skiing. This is not a short sale.
508 Summit St, Algonquin, IL 60102 is a 2 bedroom, 1 bathroom, 1,092 sqft single-family home built in 1966. It last sold for $125,000 on Sep 30, 2014. It is currently off market. The Trulia Estimate is $291,400, with a rent estimate of $1,995/month.

Home Details for 508 Summit St

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Property Information

Year Built
Year Built: 1966
Property Type / Style
Property Type: Single Family HomeArchitecture: ranch

Community

Units in Building: 1

Lot Information

Lot Area: 10560 sqft

Price History for 508 Summit St

DatePriceEventSource
09/30/2014$125,000Sold
MRED as distributed by MLS GRID #08710138
09/15/2014$125,000PendingAgent Provided
08/26/2014$125,000Listed 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$5,075
Assessment$218,607
Home facts updated by county records

Comparable Sales for 508 Summit St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
20 Willow St, Algonquin, IL
0.30
Single-Family Home
$275,000
06/17/26
2
1
928
1200 Hillside Vw, Algonquin, IL
0.52
Single-Family Home
$285,000
04/09/26
3
1
1,000
2 Sunset Ln, Algonquin, IL
0.44
Single-Family Home
$332,500
01/05/26
3
1
1,500
21 Division St, Algonquin, IL
0.29
Single-Family Home
$360,000
03/26/26
3
1.5
1,450
1205 Rattray Dr, Algonquin, IL
0.31
Single-Family Home
$384,900
01/13/26
3
2
1,605
27 Center St, Algonquin, IL
0.31
Single-Family Home
$350,000
09/25/25
3
2
1,830
3 Sunset Ln, Algonquin, IL
0.45
Single-Family Home
$350,000
04/10/26
2
2
1,810
530 Sunshine Ct, Algonquin, IL
0.21
Single-Family Home
$415,000
04/27/26
3
3
2,054
814 Scott St, Algonquin, IL
0.30
Single-Family Home
$405,000
06/25/26
3
2
2,270
641 Webster St, Algonquin, IL
0.30
Single-Family Home
$305,800
07/31/26
4
2
2,456

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 508 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 508 Summit St

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Off Market Homes Near 508 Summit St

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Frequently asked questions about 508 Summit St

  • What is 508 Summit St estimated to be worth?
    Trulia's estimated value for 508 Summit St in Algonquin, IL is $291,400.
  • What is the price history for 508 Summit St?
    508 Summit St in Algonquin, IL last sold for $125,000 in September 2014.
  • 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.
  • How big is the lot at 508 Summit St?
    The lot at 508 Summit St in Algonquin, IL is about 0.23 acres (10,123 sq ft).