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    Mixed-Use Building with Storefronts
    Updated: Aug 4
    Mixed-Use Building with Storefronts

    115 S Main Street, Algonquin, IL 60102

    $1,695,000
    0.20 AC lot
    6 residential apartments and 2 commercial storefronts
    Approximately 2,200‑square‑foot storefront currently available
    1892 brick construction with membrane and composition roofing
    Updates include roof, windows, plumbing, electrical, apartments, and commercial areas
    0.203 acres in downtown Algonquin at 115 S Main Street
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    See hot listings in Algonquin

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Algonquin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Garden-Style Apartment Buildings
    Two-Story Garden-Style Apartment Buildings

    604-620 E Grant Hwy, Marengo, IL 60152

    $6,999,970
    49,680 sqft

    Fully occupied multifamily property with separate utility metering, recent exterior improvements, and on-site laundry facilities.

    View details
    48-Unit Apartment Complex
    48-Unit Apartment Complex

    604-620 E Grant Highway, Marengo, IL 60152

    $6,999,970
    2.42 AC lot

    Two garden-style buildings provide a fully occupied multifamily asset with separate utility metering and updated exterior components.

    View details
    Five-Flat Apartment Building with Carport
    Five-Flat Apartment Building with Carport

    St Charles, IL 60174

    $550,000
    0.35 AC lot

    Fully occupied brick apartment property with one-bedroom units, storage lockers, shared laundry, and on-site covered parking.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    20 14th St, St Charles, IL 60174

    $1,095,000

    Fully occupied multifamily building with basement storage, coin-operated laundry, covered parking, and individually metered utilities.

    View details

    Off-Market Properties in Algonquin, IL

    Consider similar Off-Market properties in Algonquin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2400 Millbrook Dr
    APARTMENT HOUSE (5+ UNITS)

    2400 Millbrook Dr, Algonquin, IL 60102-2569

    Estimated value:
    No data
    View details
    Algonquin, IL 60102
    APARTMENT HOUSE (5+ UNITS)

    Algonquin, IL 60102

    Estimated value:
    No data
    View details
    265 Stonegate Rd
    Residential income properties

    265 Stonegate Rd, Algonquin, IL 60102

    Estimated value:
    No data
    2,476 sqft 1.30 AC lot
    View details

    Algonquin, IL Apartment Buildings Market Trends and Statistics

    Explore 4 apartment buildings for sale in Algonquin, IL on our real estate platform.

    Sale prices for two-family homes in Algonquin, IL average $1,695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 61K
    Population Growth (5Y) -0.7%
    Median Household Income $121,192
    College Educated 52.6%

    High-Yield Neighborhoods for Investment

    Identify Algonquin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60102 $1.3M

    Taxes & Financing

    Tax Rate (average for all types) 8.90%
    Property Tax per SF $80.23 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Algonquin fall within the 25,000 to 50,000 square foot range.

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