Conventional Restaurant

Algonquin, IL Conventional Restaurants for Sale

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Wood-Fired Pizzeria
Updated: Aug 21, 2025
Wood-Fired Pizzeria

123 S Main Street, Algonquin, IL 60102

$250,000
0.18 AC lot
Wood‑fired Neapolitan pizzeria with approximately 90 seats
Full‑service liquor bar and private party room
Established carryout business
Training and recipes provided
Street parking and city parking lots nearby
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Restaurant With Outdoor Dining
Updated: Jul 23, 2025
Restaurant With Outdoor Dining

999 CONFIDENTIAL, Algonquin, IL 60102

$899,000
6000 sq ft conventional restaurant in Algonquin, IL
Outdoor dining area included
Private party room for hosted events
Liquor license in place
Video gaming capability
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Former Restaurant in Prime Location
Former Restaurant in Prime Location

1591 Randall Rd., Algonquin, IL

Contact for pricing
10,500 sqft

Versatile space suitable for restaurant, retail, or healthcare.

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Freestanding Restaurant with Gaming
Freestanding Restaurant with Gaming

1320 S Main St, Algonquin, IL 60102

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3,545 sqft 0.40 AC lot

Freestanding restaurant and pizzeria with full wrap-around bar, separate dining and carryout entry, plus video gaming machines.

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Algonquin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Shadow-Anchored Retail Strip Center
Shadow-Anchored Retail Strip Center

2-16 Tyler Creek Plaza, Elgin, IL 60123

$3,324,000
10,825 sqft

Five-tenant strip center anchored by a remodeled grocery provides a built-in retail mix for durable day-to-day traffic.

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Turn-Key Italian Restaurant For Sale
Turn-Key Italian Restaurant For Sale

1540 Carlemont Drive #A, Crystal Lake, IL 60014

$1,275,000

Fully furnished Italian restaurant built in 2005 with high-end appointments.

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Turn-Key Restaurant on Busy Route
Turn-Key Restaurant on Busy Route

394 W Virginia St, Crystal Lake, IL 60014

Contact for pricing
4,226 sqft

4,226 SF free-standing restaurant with equipment for sale/lease.

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Multi-Level Restaurant Bar Building
Multi-Level Restaurant Bar Building

51 S Grove, Elgin, IL 60120

Contact for pricing

Renovated multi-story restaurant and bar building with dance floors, lounge areas, offices, and a basement bar.

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Algonquin, IL Conventional Restaurants Market Trends and Statistics

Explore 4 conventional restaurants for sale in Algonquin, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,045 square feet of properties for sale, with an estimated market value of $1,149,000.

Sale prices for conventional restaurants in Algonquin, IL start at $250,000, averaging $574,500, and reaching up to $899,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 5
Bars & Pubs 2
Breakfast & diners 1
Coffee shops 1
Drive through restaurants 1

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 $400K

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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