531 Terrace Dr, Algonquin, IL 60102
Property image
Property image
OFF MARKET

$469,900

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 2,434 sqft (on 0.27 acres)

531 Terrace Dr, Algonquin, IL 60102

Refinance Your Home
Currently Off Market - Sold Jun 2, 2016 for $245,000

Home Value

Trulia Estimate
$470K
Since last month
Decreased$5K (-1.1%)
Since last year
Increased$12K (+2.7%)
Since last sale
Increased$225K (+91.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +90% in the last 10 years
MonthEstimated value
2026
August 2026$470K
August 2026$468K
July 2026$475K
June 2026$481K
May 2026$477K
April 2026$472K
March 2026$466K
February 2026$452K
January 2026$446K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1041 Waterford St, Algonquin, IL
0.22
Single-Family Home
$531,000
11/19/25
4
2.5
2,258
761 Mayfair Ln, Algonquin, IL
0.32
Single-Family Home
$420,000
10/02/25
4
2.5
2,600
1040 Waterford St, Algonquin, IL
0.22
Single-Family Home
$544,900
11/03/25
4
2.5
2,772
1031 Waterford St, Algonquin, IL
0.22
Single-Family Home
$559,925
11/14/25
4
2.5
2,760
900 Treeline Dr, Algonquin, IL
0.22
Single-Family Home
$570,000
02/12/26
4
2.5
3,104
1081 Waterford St, Algonquin, IL
0.22
Single-Family Home
$579,190
12/23/25
4
2.5
2,772
120 Newburgh Ln, Algonquin, IL
0.22
Single-Family Home
$576,990
04/27/26
4
2.5
2,292
355 Crestwood Ct, Algonquin, IL
0.32
Single-Family Home
$315,000
10/01/25
3
2
2,355
1191 Waterford St, Algonquin, IL
0.22
Single-Family Home
$613,225
03/06/26
4
2.5
2,760
1110 Waterford St, Algonquin, IL
0.22
Single-Family Home
$614,715
01/20/26
4
2.5
3,084

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
530 Eagle Ridge Ln, Algonquin, IL 60102
0.02
$481,800
4
2.5
2,434
Off Market
Address Not Disclosed, Algonquin, IL 60102
0.04
$354,100
3
1.5
1,229
Off Market
1341 S Parkview Ter, Algonquin, IL 60102
0.12
$439,900
3
2.5
2,030
For Sale
1230 Fairmont Ct, Algonquin, IL 60102
0.12
$361,300
3
2
1,362
Off Market
1362 S Parkview Ter, Algonquin, IL 60102
0.14
$348,100
2
1
1,357
Off Market
1361 S Parkview Ter, Algonquin, IL 60102
0.15
$362,500
3
1.5
1,663
Off Market
1435 Saddlebrook Cir, Algonquin, IL 60102
0.15
$334,500
3
2
1,013
Off Market
1151 Sandpebble Cir, Algonquin, IL 60102
0.16
$377,700
3
2
1,362
Off Market
1412 S Parkview Ter, Algonquin, IL 60102
0.18
$405,600
3
2.5
2,730
Off Market
1455 Saddlebrook Cir, Algonquin, IL 60102
0.19
$474,900
4
3.5
3,168
Off Market
430 Shagbark Ct, Algonquin, IL 60102
0.17
$372,500
3
1.5
1,450
Off Market
435 Somerset Ct, Algonquin, IL 60102
0.19
$383,900
3
1.5
1,595
Off Market

Local Information

  • Map ViewExplore the area around 531 Terrace Dr.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1990
0.27 acre lot
2,434 sqft
$193/sqft

About this House

Fantastic curb appeal 2 story home with full, walk-out basement. Many updates/ammenties including: 2014 new kitchen with high-end cabinets, soft close cabinets/drawers, glass tile backsplash, & custom spice cabinet; new roof Oct 2015 w/dimensional shingles; Gilkey windows 2010; upgraded to vinyl siding Oct 2015, maint free ext/nothing to paint; custom garage is 6ft longer; high efficiency furnace; exterior storage shed; double level decks (24x12 & 8x8w/gate), 27x10 patio (incl a plant climbing fence flanking patio making it feel like a private summer oasis); 2014 concrete driveway w/side apron; heated wood laminate flooring in liv rm. Lg vaulted master suite, mstr bath w/dble sinks, w/i closet. Gorgeous mature trees and landscaping, including many raised beds for gardening. Carpets were just cleaned making this home move-in ready! Fabulous location 1 block from Gaslight Park, w/walking path & tennis courts; 3 mins to Randal Road shopping, & I90 nearby. Normal Sale. One
531 Terrace Dr, Algonquin, IL 60102 is a 4 bedroom, 3 bathroom, 2,434 sqft single-family home built in 1990. It last sold for $245,000 on Jun 2, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $469,900, with a rent estimate of $3,232/month.

Home Details for 531 Terrace Dr

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 2

Property Information

Year Built
Year Built: 1990
Property Type / Style
Property Type: Single Family HomeArchitecture: Colonial

Community

Units in Building: 1

Lot Information

Lot Area: 0.27 acres

Price and Tax history

DateEventPrice
Jun 2, 2016
Source: MRED as distributed by MLS GRID #09179646
Sold
$245,000
Apr 30, 2016
Source: Agent Provided
Pending
$250,000
Apr 16, 2016
Source: Agent Provided
PendingToActive
$250,000
Apr 3, 2016
Source: Agent Provided
Pending
$250,000
Apr 1, 2016
Source: Agent Provided
Listed For Sale
$250,000

Market trends in Algonquin

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$390K
$5.67KMoM
Sale-to-List Price
100.9%
0.3%MoM
Price per sq ft
$208
$5MoM
Available listings
84
4MoM

Around this home

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

LGBTQ Local Legal Protections

Frequently asked questions about 531 Terrace Dr

  • What is 531 Terrace Dr estimated to be worth?
    Trulia's estimated value for 531 Terrace Dr in Algonquin, IL is $469,900.
  • What is the price history for 531 Terrace Dr?
    531 Terrace Dr in Algonquin, IL last sold for $245,000 in June 2016.
  • Is Algonquin a buyer's or seller's market?
    Algonquin is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Algonquin?
    The median sale price in Algonquin is $390K. That is down $5.67K from the prior month.
  • How big is the lot at 531 Terrace Dr?
    The lot at 531 Terrace Dr in Algonquin, IL is about 0.25 acres (11,082 sq ft).

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