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    Algonquin, IL
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    Algonquin, IL Apartment Buildings for Sale

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    Lake In The Hills, IL Barrington Hills, IL Lakewood, IL Crystal Lake, IL Dundee, IL Huntley, IL Cary, IL Vlg Of Lakewd, IL
    Historic Mixed-Use Building
    Updated: Aug 4
    Historic Mixed-Use Building

    115 S Main Street, Algonquin, IL 60102

    $1,695,000
    0.20 AC lot
    Six residential apartments and 2 commercial storefronts
    Approximately 2,200 sq ft storefront available for flexible use
    Built in 1892 with brick construction
    0.203‑acre site at 115 S Main Street, Algonquin, IL 60102
    Updates include roof, windows, plumbing, electrical, apartments, and commercial spaces
    View details
    Cottages with Fox River Views
    Updated: Nov 11, 2025
    Cottages with Fox River Views

    320-380 Highland Avenue, Algonquin, IL 60102

    $900,000
    1.40 AC lot
    Seven cottages on a 1.45‑acre wooded parcel with views of the Fox River
    9 bedrooms and 7 bathrooms across the cottages
    Built in 1930 with wood construction and asbestos listed among the construction materials
    Composition roof
    Water source: well; cable available
    View details
    Seven-Cottage Residential Income Property
    Seven-Cottage Residential Income Property

    320-380 Highland Avenue, Algonquin, IL 60102

    Contact for pricing
    1.45 AC lot

    Seven distinct cottages on a wooded parcel with Fox River views, offering an investor-oriented multifamily configuration.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 3 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Palatine Condo Deconversion Opportunity
    Palatine Condo Deconversion Opportunity

    140 W Wood St, Palatine, IL 60067

    $20,000,000
    112,000 sqft

    132-unit condo deconversion opportunity in downtown Palatine, Illinois.

    View details
    Brick Multifamily Building with Balconies
    Brick Multifamily Building with Balconies

    1875 N Green Lane N, Palatine, IL 60074

    $999,000
    0.06 AC lot

    Brick apartment building on a small lot, built in 1985, with balcony units and ample on-site parking.

    View details
    Brick Multifamily Building
    Brick Multifamily Building

    75 N Lyle Avenue, Elgin, IL 60123

    $930,000
    0.27 AC lot

    Brick six-unit multifamily building on a 0.27-acre lot in Elgin, Illinois with composition roof and all-electric construction.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    316 Lawrence Avenue, Elgin, IL 60123

    $500,000

    Five-unit residential income building with a basement and attached 5-car garage, including recent roof and unit updates.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    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

    Value Estimation by Request
    View details
    Algonquin, IL 60102
    APARTMENT HOUSE (5+ UNITS)

    Algonquin, IL 60102

    Value Estimation by Request
    View details
    265 Stonegate Rd
    Residential income properties

    265 Stonegate Rd, Algonquin, IL 60102

    Value Estimation by Request
    2,476 sqft 1.30 AC lot
    View details

    Algonquin, IL Apartment Buildings Market Trends and Statistics

    Explore 6 apartment buildings for sale in Algonquin, IL, showcased through 3 active listings on our real estate platform.

    Sale prices for two-family homes in Algonquin, IL start at $900,000, averaging $1,297,500, and reaching up to $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 $900K

    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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