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Mixed-Use Building With Apartments
New
For Sale
$850,000

205 S Main Street, Algonquin, IL 60102

COMMERCIAL - Algonquin, IL

Property SizeContact for details
Lot Size0.08 Acres
Days on Market2

Property Features for 205 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Algonquin Road Business District between Washington Street and Route 62/Algonquin Road
Subdivision Algonquin
Standard status Active
APN 1934107009
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 15017

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Amenities

video gaming room

Building Details

Year built 1902
Floors in Building 2
Number of units 3
Building materials Frame
Listing Agency: RE/MAX Suburban · RE/MAX International
Listed By: Mary Opfer · License #750112389
Added: Aug 12 Last Checked: Aug 13 at 11:06AM
MLS# 12731199

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This mixed-use property at 205 S Main Street includes a well-established commercial building with a remodeled restaurant interior, seating for 90+ guests, a video gaming room, and basement space. Two apartments occupy the second floor, adding residential components to the configuration. The building was constructed in 1902 with frame construction, central air, and natural gas available. A newer roof was installed in 2019.

The property is located in Historic Downtown Algonquin along the Fox River, within a revitalized commercial area. Zoning is designated COMMR. The sale is for the building; the current owner is relocating the restaurant business and is not selling the business itself.

Key Highlights

  • Two second‑floor apartments included
  • Restaurant interior remodeled with seating for 90+ guests
  • Dedicated video gaming room and basement space

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby
25k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 96% Shops & Services 4%
McDonald's Dining
23,038 visits/mo 0.5 miles
Stacks Dining
1,437 visits/mo 0.1 miles
Bricks & Minifigs Shops & Services
958 visits/mo 0.4 miles

Demographics for 60102, IL

31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Remodeled commercial building with restaurant improvements, basement space, and two second-floor apartments.
Where is this mixed-use property located?
The property is located at 205 S Main Street Algonquin, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Two second‑floor apartments included; Restaurant interior remodeled with seating for 90+ guests; Dedicated video gaming room and basement space
More about this property
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