Algonquin · Kane County · IL
Homes for sale in
Algonquin Lakes.
- Active listings
- 0
- Median list
- $447K
- Avg time on market
- 20 days
- Sold · last year
- 7
Active listings
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About the community
A planned, walkable early-2000s community built around ponds and a park.
Algonquin Lakes is an early-2000s residential community on the west side of Algonquin, in the Kane County portion of the village. Built out roughly between 2000 and 2005, primarily by Realen Homes, it is a mixed-product neighborhood of single-family homes, townhomes, and condominiums. Street names lean into the Lakes theme, reflecting the ponds and retention lakes woven through the site, and Algonquin Lakes Park anchors the neighborhood with open space, a playground, and a trail. It reads as a cohesive, sidewalk-and-streetlight suburban community close to the Randall Road corridor.
At a glance
Built 2000 to 2005
An early-2000s planned community, developed primarily by Realen Homes.
Mixed housing
Single-family homes, townhomes, and a condominium section, spanning a range of price points.
Ponds and retention lakes
Water features thread through the streets, with some homes backing to water.
Algonquin Lakes Park
A neighborhood park with open space, a playground, and a multi-use trail.
District 300 schools
Community Unit School District 300, including a namesake Algonquin Lakes Elementary.
Randall Road corridor
Big-box retail, groceries, and dining minutes away along Randall Road.
I-90 to the south
The Jane Addams Tollway is a short drive for commuters heading toward O'Hare and the city.
What’s close
Algonquin Lakes sits on the west side of Algonquin off the Route 62 and Randall Road corridor, minutes from Randall Road shopping and a short drive from I-90.
- Shopping
- The Randall Road corridor, including Algonquin Commons, for retail, groceries, and dining within a few minutes.
- Park
- Algonquin Lakes Park, a Village of Algonquin park with open space, a playground, and a trail inside the neighborhood.
- Schools
- Community Unit School District 300, with Algonquin Lakes Elementary, Algonquin Middle, and Dundee-Crown High commonly assigned. Confirm the exact schools by address.
- Highway
- Illinois Route 62 and Route 31, with I-90 (the Jane Addams Memorial Tollway) about five miles south.
- Train
- No Metra station in Algonquin. Commuters typically drive to Crystal Lake on the UP Northwest line or Big Timber Road in Elgin on the MD-W line.
- Hospital
- Advocate Sherman Hospital in Elgin is the nearest major full-service hospital, with clinics along Randall Road.
What it’s actually like to live here
Algonquin Lakes suits buyers who want a settled, walkable early-2000s community with water features and a neighborhood park rather than a brand-new build or an amenity-heavy master plan. The Lakes identity is real: ponds and retention lakes thread through the streets, several homes back to water, and Algonquin Lakes Park adds a trail, a playground, and open green space right in the neighborhood. Because the homes came from a small number of Realen floor plans, the streetscape is cohesive, and the mix of single-family homes, townhomes, and condos means the neighborhood spans a range of price points and household types.
Location is a practical strength. The Randall Road corridor puts big-box retail, groceries, restaurants, and services minutes away, I-90 is a short drive south for commuters heading toward O'Hare and the city, and the neighborhood feeds into District 300 schools including a namesake elementary. Day-to-day errands rarely require leaving the west-Algonquin area.
The honest tradeoffs are the commute and the taxes. This is car-dependent suburbia with no Metra station in town, so rail commuters drive to Crystal Lake or Elgin and the trip to downtown Chicago is a real commitment. Kane County property taxes are high, which buyers should underwrite carefully alongside association dues that differ by product type. The homes are now around two decades old, so roofs, mechanicals, and finishes may be original or in their first replacement cycle, and Randall Road traffic can be heavy at peak times.
The questions buyers actually ask
Algonquin Lakes FAQ
The questions I get most from buyers shopping Algonquin Lakes. If yours isn't here, text 224-385-8779, same-day reply.
- What does the HOA actually cover?
- Association dues vary by product type (single-family, townhome, and condominium), and the condominium section has its own association managed by DeWert Management. Dues generally maintain the neighborhood ponds and retention lakes and the shared common areas. Confirm the exact dues and coverage for a specific home with the association and the seller's disclosure.
- What are property taxes like?
- Roughly $8,000 – $13,000 per year, depending on home size and value. Kane County assessor records are the source of truth. Happy to pull a specific bill on any home you're considering.
- When was Algonquin Lakes built?
- Realen Homes built the community between 2000 and 2005. Realen Homes stopped new construction in 2005, so every sale today is a resale.
- What's the typical closing timeline?
- 30 to 60 days from accepted offer to keys. Cash deals can close in two weeks. Conventional financing is usually closer to 60.
- Who built Algonquin Lakes and when?
- It was developed primarily by Realen Homes, with Lennar also credited on some product, and built out roughly between 2000 and 2005.
- What kinds of homes are in Algonquin Lakes?
- A mix of single-family detached homes, townhomes, and condominiums. Single-family plans generally run from about 1,500 to over 3,000 square feet, with townhomes in a smaller range, so the neighborhood spans a range of budgets and household types.
- Is there an HOA, and what does it cover?
- Yes. Association dues vary by product type, and there is a separate condominium association managed by DeWert Management for the condo section. Dues generally support common areas including the ponds and retention lakes and shared green space. Confirm the exact dues and what they cover for a specific home with the association and the seller's disclosure.
- What schools serve Algonquin Lakes?
- The neighborhood is in Community Unit School District 300. Algonquin Lakes Elementary, Algonquin Middle, and Dundee-Crown High School are commonly assigned, but D300 boundaries are set by address and can change, so confirm the exact schools for a specific property with the district.
- How is the commute and access to highways and transit?
- The neighborhood sits near Randall Road and Route 62, about five miles from I-90. There is no Metra station in Algonquin, so rail commuters typically drive to Crystal Lake on the UP Northwest line or Big Timber Road in Elgin on the MD-W line. Verify current drive times and schedules.
- What do homes cost and how is the market right now?
- Prices vary by product type, size, and condition, and the market shifts over time. For current pricing and market activity, see the live Market snapshot on this page rather than relying on a fixed figure.
- Who is the real estate agent for Algonquin Lakes?
- Joe Keegan is the local licensed Illinois real estate broker who covers Algonquin Lakes in Algonquin, IL through Subdiview, a neighborhood-first home search for the Chicago suburbs and collar counties. Joe prices and negotiates from the live MRED sold comps for Algonquin Lakes specifically, not national averages, and can help you buy or sell here. Reach Joe at 224-385-8779 or joe@joekeeganhomes.com.
Your local agent
Joe knows Algonquin Lakes
Most agents will list anything. I focus on the places I actually know, and the things that move value here don't show up in the MLS write-up: which streets and buildings hold demand, what the HOA or assessments really cover, how the comps read once you account for condition and location, and where buyers consistently want to be.
When you're ready to tour or list, you want someone who has read the last 50 closed comps in this specific market, not a national average, and can tell you what they actually mean for your price. That's how I work. Text or call any time, and I'll give you a real take, not a brochure.
- Licensed Illinois broker
- Comp-driven pricing
- Algonquin specialist
- Honest local market take
- Brokerocity
Market snapshot
Algonquin Lakes, by the numbers
Live MRED data, refreshed daily. The numbers below tell you what this market is doing today, not what Zillow's algorithm thinks it might be doing six weeks from now.
Typical list price
$447,450
Typical sale price · last 90 days
$525,000
Avg time on market
20 days
Sold in the last year
7
This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC for the period September 11, 2025 through September 11, 2026. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.
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Schools serving Algonquin Lakes
Where Algonquin Lakes homes go to school
Homes in Algonquin Lakes are most often zoned to Dundee-Crown HS. Open a school to see its area, the district, and every home for sale that feeds it.
School assignment is derived from the school the MRED listing agent entered and is not a guarantee. Always verify current attendance boundaries with the district before writing an offer.
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