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    Algonquin, IL
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    Algonquin, IL Apartment Buildings for Sale

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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
    View details
    Mixed-Use Building with Apartments
    Updated: Sep 28
    Mixed-Use Building with Apartments

    640-648 S Main Street, Algonquin, IL 60102

    Contact for pricing
    14,100 sqft 1.17 AC lot
    16 units: 12 one‑bedroom, one‑bath apartments and 4 commercial spaces
    13,500 square feet of living area; 14,100 square feet of gross area
    Three‑story building on a 1.17‑acre parcel
    41 on‑site parking spaces and shared laundry facility
    Located along Illinois Route 31/Main Street in Algonquin’s Old Town District
    View details
    See hot listings in Algonquin

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    2 active listings match your search: Apartment Building for sale in Algonquin, IL. Based on your search, we've also compiled 7 Potential Opportunities for your consideration: 4 properties in nearby cities and 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.

    8-Unit Apartment Building
    8-Unit Apartment Building

    809 South Street, Elgin, IL 60123

    $749,000
    8 units  2,880 sqft  1 building  Built 1956  Multi-tenant
    100% occupied

    All eight apartments are rented, with boiler heat and individual window air-conditioning units.

    Window A/C units
    View details
    8-Unit Apartment Building
    8-Unit Apartment Building

    809 South Street, Elgin, IL 60123

    $749,000
    8 units  1 building  Built 1956  0.14 acres
    100% occupied

    Boiler heating and individual window air-conditioning units serve the apartments in this brick multifamily property.

    View details
    80-Unit Apartment Building
    80-Unit Apartment Building

    4502 Garden Quarter Rd, Mchenry, IL 60050

    Contact for pricing
    80 units

    The McHenry property is a residential rental asset.

    View details
    80-Unit Apartment Building
    80-Unit Apartment Building

    4502-4512 Garden Quarter Road, Mchenry, IL 60050

    Contact for pricing
    80 units

    Located in McHenry, the multifamily property is offered for sale.

    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: by Request
    View details
    265 Stonegate Rd
    Residential income properties

    265 Stonegate Rd, Algonquin, IL 60102

    Estimated value: by Request
    2,476 sqft 1.30 AC lot
    View details

    Algonquin, IL Apartment Buildings Market Trends and Statistics

    Explore 5 apartment buildings for sale in Algonquin, IL on our real estate platform. These investment opportunities span a total of 14,100 square feet of properties for sale, with an estimated market value of $1,695,000.

    Sale prices for apartment complexes 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 $1.7M

    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.

    How Realmo verifies these figures

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    Featured Algonquin Real Estate Agencies

    Realmo connects you with licensed Algonquin CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Perillo Real Estate Group
    270 Stonegate Rd Algonquin, IL 60102
    Phone: (847) 331-2112
    www.perillorealestategroup.com
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