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Historic Mixed-Use Building
New
For Sale
$1,695,000

115 S Main Street, Algonquin, IL 60102

COMMERCIAL - Algonquin, IL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market5

Property Features for 115 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Algonquin Rd east and turn south on Main Street building is on the east side of the street
Subdivision Algonquin
Standard status Active
APN 1934107004
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 20410

Utilities

Cooling system Window Unit(s), Central Air

Building Details

Year built 1892
Floors in Building 2
Number of units 8
Building materials Brick
Roof type Membrane, Composition
Listing Agency: RE/MAX Deal Makers · RE/MAX International
Listed By: Gabriele Gutierrez
Added: Aug 4 Last Checked: Aug 8 at 12:06PM
MLS# 12555887

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.

The Columbia Hall Building is a brick mixed-use property at 115 S Main Street in Algonquin, Illinois. Constructed in 1892, it contains six residential apartments above two commercial storefronts. One approximately 2,200-square-foot storefront is intentionally vacant, offering flexibility for an owner-user or future commercial tenant. Property improvements include a new roof, updated windows, plumbing, electrical systems, apartments, and commercial spaces. Cooling is provided by window units and central air.

The property is positioned in Downtown Algonquin near restaurants, shops, parks, the McHenry Prairie Trail, and the Fox River. The downtown area also hosts events throughout the year. The site encompasses 0.203 acres and is zoned COMMR, with a mix of residential units and commercial storefront space within a single historic building.

Key Highlights

  • Six residential apartments and 2 commercial storefronts
  • Approximately 2,200 sq ft storefront available for flexible use
  • Built in 1892 with brick construction

Property Analytics

Current Use

Storefront properties

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

6
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

520
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Six apartments and two storefronts create a flexible combination of residential and commercial space.
Where is this mixed-use property located?
The property is located at 115 S Main Street Algonquin, IL.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Six residential apartments and 2 commercial storefronts; Approximately 2,200 sq ft storefront available for flexible use; Built in 1892 with brick construction
More about this property
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