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$474,900
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Property Description
Deal fell! Buyer could not get financing so we are back on the market! New carpet just installed in LR/DR and upstairs, hall & bedrooms. New LVF on 1st floor installed in kitchen, FR, hall, 1/2 bath & laundry + freshly painted through out!!! Sought-After Willoughby Farms! This spacious 4-bedroom, 2.5-bath two-story featuring a highly desirable first-floor office, perfect for working from home. This home offers a bright, move-in-ready lay out with a remodeled kitchen that is the heart of the home, showcasing quartz countertops, stainless steel appliances, and a high-end refrigerator, all opening seamlessly to comfortable living spaces ideal for everyday living and entertaining. Convenient first-floor laundry includes a utility sink. Upstairs, you'll find four generously sized bedrooms, including a private primary suite with its own bath. The finished basement provides even more living space with a large recreation room and wet bar-perfect for hosting friends and family or enjoying a relaxing evening at home. Major updates include newer windows, front door, roof, tankless water heater, air conditioner, refrigerator, dishwasher, washer, and dryer, offering years of worry-free living. Step outside and enjoy the deck and patio, ideal for summer barbecues, outdoor entertaining, or simply unwinding after a long day. This is a fantastic opportunity to own a beautifully maintained home in popular Willoughby Farms, close to parks, schools, shopping, and everything the neighborhood has to offer!
Full Property Details
Full Property Details for 1940 Waverly Ln
General
- Price: $474,900
- HOA FEE: $270
- Taxes: $10,796 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12675809
Rental Information
- Complex Features: Park, Tennis Court(s), Lake, Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Finished, C
- Interior Features: Vaulted Ceiling(s), Wet Bar, Walk-In Closet(s)
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Water Softener Owned
- Flooring: Laminate
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
- Bathroom Features: Separate Shower, Double Sink
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Water Softener (Owned), Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2.5
- Total Spaces: 2
- Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Attached, Garage
Location
- Area: Algonquin
- County: Kane
- Township: Dundee
- Subdivision: Willoughby Farms
- Driving Directions: Randall to County Line E to Stonegate S to Waverly E
School Information
- School District: 300
- Elem School District: 300
- Midd School District: 300
- High School District: 300
- Elementary School: Westfield Community School
- Middle School: Westfield Community School
- High School: H D Jacobs High School
- Private School: H D Jacobs High School
Community
- Assoc. Fees Include: None
- Mgmt. Company: Westward 360
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Crawl Space, Storage Space, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Sub-Flooring: Laminate
- Square Feet: 3,592
- Sq. Ft. Source: Assessor
- Year Built: 1994
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 10019
Financial Considerations
- Master Assoc. Fee: $270
- Assoc Fee Desc.: 270
- Transfer Fees: $270
- Other Assoc Fees: $270
- Parking Included: Yes
- Assessment Year: 1994
- Tax Amount: $10,796.36
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple with Homeowners Association
- Property ID: 305176014
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Schools
Schools serving 1940 Waverly Ln
School District:Community Unit School District 300
| Name | Grades | Distance |
|---|---|---|
Westfield Community School 2100 Sleepy Hollow Road, Algonquin, IL 60102 | K-5 | 0.4 mi |
Harry D Jacobs High School 2601 Bunker Hill Drive, Algonquin, IL 60102 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1940 Waverly Ln
Date
Details
Price
Change
Source
7/16/2026
Price Reduced
$474,900
-2.06%
MLS
6/28/2026
Price Reduced
$484,900
-2.02%
MLS
6/18/2026
Price Reduced
$494,900
-1%
MLS
6/11/2026
Listed
$499,900
92.27%
MLS
9/29/2008
Sold
$260,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1940 Waverly Ln
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,151
—
$148,316
9%
2025
$10,151
9%
$135,547
11%
2023
$9,275
9%
$121,961
13%
2022
$8,530
3%
$108,069
6%
2021
$8,281
—
$102,038
2%
2021
$8,281
5%
$99,744
5%
2019
$7,875
2%
$94,688
9%
2017
$7,684
4%
$86,823
9%
2016
$7,403
4%
$79,316
10%
2015
$7,110
-11%
$72,310
-22%
2018
$8,004
18%
$92,813
38%
2014
$6,755
3%
$67,224
-3%
2013
$6,589
—
$69,282
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1940 Waverly Ln
1940 Waverly Lane, Algonquin, IL 60102 (MLS# 12675809) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 1940 Waverly Lane is currently listed for $474,900 and was received on June 11, 2026. Want to learn more about 1940 Waverly Lane? Do you have questions about finding other Single Family real estate for sale in Algonquin? You can browse all Algonquin real estate or contact a Coldwell Banker agent to request more information.

