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    329 Jefferson St Algonquin, IL 60102

    For Sale
    $320,000

    Office - Algonquin, IL

    Type:Office
    Property size:
    2,016 SF
    Lot size:
    0.16 Acres
    Days on Market:
    167
    Last Refresh:
    Dec 5 at 9:06 am

    Property Features for 329 Jefferson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    OFFIC
    APN
    1934110007
    Size
    2,016 SF
    Lot size
    0.16 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1867
    Number of units
    2
    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 Jun 22, 2025

    MLS# 12394883 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

    Historic Algonquin Office Building For Sale

    Located in the historic district of downtown Algonquin, this two-unit commercial office building offers a premium location with considerable character. The well-maintained historic building features a first floor currently rented by a long-term tenant, presenting an opportunity for an owner to occupy one unit and rent out the other. A full, usable basement provides extra storage space. The property is situated adjacent to the Prairie Trail bike path and is a quarter block from Main Street, which offers many shops and restaurants. Off-street parking is available for 5-8 cars. The lot size is 0.16 acres, and the building has a living area of 2016 square feet. The zoning is OFFIC.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply 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?
    Office building - Two-unit commercial office building in Algonquin's historic district.
    Where is this office building located?
    The property is located at 329 Jefferson St Algonquin, IL.
    What is the asking price?
    The asking price for this property is $320,000.
    What are key features of this property?
    This property features: - Premium location in the historic district of downtown Algonquin, near shops and restaurants.; - Two-unit commercial building offering the opportunity for owner occupancy and rental income.; - Long-term tenant in place on the 1st floor providing immediate income.
    (847) 255-1000
    Request Owner's contact information
    329 Jefferson 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
    329 Jefferson St Algonquin, IL 60102
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