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    123 S Main St Algonquin, IL 60102

    For Sale
    $250,000

    Business Opportunity - Algonquin, IL

    Property size:
    2,400 SF
    Days on Market:
    109
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 123 S Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    1934107005
    Size
    2,400 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    TARABEIN INC. D/BA RE/MAX AT HOME (847) 255-1000 [email protected]

    Listing agent Anthony Bellino (847) 255-1000 License #471002939

    Listing date Aug 21, 2025

    MLS# 12450202 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Pizzeria in Algonquin, IL

    This is an opportunity to own a fully operational, wood fire authentic Neapolitan Pizzeria located in Algonquin, IL. The turn-key restaurant combines small-town charm with big-city flavor and loyal foot traffic. Situated among boutiques, shops, and a scenic riverfront downtown area, it also benefits from growing residential developments. The restaurant has approximately 90 seats, an aggressive carry-out business, and a private party room. It features a full-service liquor bar and benefits from plenty of street parking and city parking lots. The property is zoned COMMR. The space is approximately 2400 square feet. Favorable lease terms are available. The business opportunity is suitable for an experienced restaurateur or a passionate first-time owner ready to turn their dream into a reality. Training and recipes are provided.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Algonquin
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3219
    Latitude
    42.1714

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    FAQs

    What type of property is this?
    Turn key restaurant - Fully operational Neapolitan pizzeria in charming downtown Algonquin.
    Where is this turn key restaurant located?
    The property is located at 123 S Main St Algonquin, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Fully operational, authentic Neapolitan pizzeria with loyal foot traffic.; - Turn-key opportunity with training and recipes provided.; - Located in a desirable downtown area with boutiques, shops, and riverfront.
    (847) 255-1000
    Request Owner's contact information
    123 S Main St Algonquin, IL 60102
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    Algonquin, IL 60102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 S Main St Algonquin, IL 60102
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