Two-Unit Historic Office
329 Jefferson Street Algonquin, IL 60102
329 Jefferson Street, Algonquin, IL, 60102
$280,000
For Sale
$280,000
COMMERCIAL - Algonquin, IL
Lot Size0.16 Acres
Days on Market401
Property Features for 329 Jefferson Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Zoning
- OFFIC
- Standard status
- Active
- APN
- 1934110007
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 7803
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1867
- Floors in Building
- 2
- Number of units
- 2
- Building materials
- Brick, Vinyl Siding
Listing agency
RE/MAX At Home
(847) 255-1000
Listed by
Anthony Bellino · License #471002939
(847) 255-1000
Added: Jun 17, 2025 Updated: Jul 8 at 8:58PM Checked: Jul 22 at 5:06AM
MLS# 12394883
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 two-unit commercial office building is located in the historic district of downtown Algonquin. The property has been described as extremely well maintained and offers a configuration that can support an owner-occupier strategy, with the ability to occupy one unit and lease the other. The first-floor unit is currently rented by a long-term tenant on a month-to-month lease. A full usable basement provides additional storage space.
The building sits adjacent to the Prairie Trail bike path and is about a quarter block from popular Main Street, where multiple shops and restaurants are located. Off-street parking is available for approximately 5–8 cars, supporting convenient access for tenants and visitors.
For buyers evaluating an owner-occupied office approach, the layout offers flexibility to live and work within the same property while using rental income from the currently leased unit. For investors or tenants looking for a small-scale, income-supporting office asset, the existing month-to-month tenancy and on-site storage in the basement may support straightforward operational planning. The combination of historic character, established tenancy on the first floor, and dedicated off-street parking can be appealing for office users seeking a compact downtown footprint.
The building sits adjacent to the Prairie Trail bike path and is about a quarter block from popular Main Street, where multiple shops and restaurants are located. Off-street parking is available for approximately 5–8 cars, supporting convenient access for tenants and visitors.
For buyers evaluating an owner-occupied office approach, the layout offers flexibility to live and work within the same property while using rental income from the currently leased unit. For investors or tenants looking for a small-scale, income-supporting office asset, the existing month-to-month tenancy and on-site storage in the basement may support straightforward operational planning. The combination of historic character, established tenancy on the first floor, and dedicated off-street parking can be appealing for office users seeking a compact downtown footprint.
Key Highlights
- Two‑unit commercial office building in the Historic District of Downtown Algonquin
- 1st floor is currently rented by a long‑term tenant on a month‑to‑month lease
- Owner can occupy one unit and rent the other
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - Well-maintained two-unit downtown office building with storage basement and off-street parking for several vehicles.
Where is this office building located?
The property is located at 329 Jefferson Street Algonquin, IL.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Two‑unit commercial office building in the Historic District of Downtown Algonquin; 1st floor is currently rented by a long‑term tenant on a month‑to‑month lease; Owner can occupy one unit and rent the other
