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Wood-Fired Pizzeria
For Sale
$250,000

123 S Main Street, Algonquin, IL 60102

Business Opportunity, Algonquin, IL

Property SizeContact for details
Lot Size0.18 Acres
Days on Market365

Property Features for 123 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Randall Road or Algonquin Rd (Route 63) to Main St. Located in the middle of the block downtown.
Subdivision Algonquin
Standard status Active
APN 1934107005
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2024

Utilities

Cooling system Central Air

Amenities

private party room

Building Details

Floors in Building 2
Listing Agency: RE/MAX At Home · RE/MAX International
Listed By: Anthony Bellino · License #471002939
Added: Aug 21, 2025 Changed: Aug 20 Last Checked: Aug 20 at 8:06PM
MLS# 12450202

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 operating restaurant is configured as a wood-fired Neapolitan pizzeria with approximately 90 seats, a full-service liquor bar, and a private party room. The business also serves carryout customers and includes training and recipes for the next operator.

The property is located at 123 S Main Street in downtown Algonquin, among boutiques, shops, and a riverfront setting. The surrounding area includes growing residential development. Street parking and city parking lots provide parking options for customers and visitors. The site is identified as COMMR zoning and includes central air.

Key Highlights

  • Wood‑fired Neapolitan pizzeria with approximately 90 seats
  • Full‑service liquor bar and private party room
  • Established carryout business

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby
Balanced
Demand for This Use

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
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Operating restaurant with a liquor bar, private party room, carryout business, and approximately 90 seats.
Where is this conventional restaurant located?
The property is located at 123 S Main Street 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: Wood‑fired Neapolitan pizzeria with approximately 90 seats; Full‑service liquor bar and private party room; Established carryout business
More about this property
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