Seven-Cottage Residential Income
For Sale
Contact for pricing
Pending
320-380 Highland Avenue, Algonquin, IL 60102
Seven distinct cottages on a wooded parcel with Fox River views, offering an investor-oriented multifamily configuration.
Property SizeContact for details
Lot Size1.45 Acres
Days on Market270
Property Features for 320-380 Highland Avenue
General Information
Standard status
Pending
Lot size
1.45 Acres
Property subtype
Multifamily
Zoning
MULTI
Additional Details
Multifamily Units
7
Building Details
Year Built
1930
Units
7
Listing Agency:
Kale Realty
(847) 541-4500
Listed By:
Marie Levin · License #IL 475128218
Source:
Crexi
Added: Nov 11, 2025
Changed: Aug 8
Last Checked: Jul 24 at 11:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kale Realty
Investment Insights
Based on property information with market context.
This offering includes seven cottages, each described as unique in feature and design, positioned on a wooded 1.45-acre parcel. The property is presented as a residential income asset with multiple separate cottages rather than a single consolidated building footprint.
The cottages are located minutes from the Fox River and Historic Downtown Algonquin. The listing notes that each cottage enjoys views of the Fox River from the site, creating a consistent character across the overall property.
For buyers considering residential income strategies, this configuration may appeal as a small, cottage-style portfolio where multiple units are housed within one tract. Its shared site and river-view setting support a straightforward ownership structure, while the individually differentiated cottage design may be useful for tenant appeal and leasing differentiation. The property is offered for sale as an investor-focused opportunity.
The cottages are located minutes from the Fox River and Historic Downtown Algonquin. The listing notes that each cottage enjoys views of the Fox River from the site, creating a consistent character across the overall property.
For buyers considering residential income strategies, this configuration may appeal as a small, cottage-style portfolio where multiple units are housed within one tract. Its shared site and river-view setting support a straightforward ownership structure, while the individually differentiated cottage design may be useful for tenant appeal and leasing differentiation. The property is offered for sale as an investor-focused opportunity.
Key Highlights
- Seven distinct cottages on a 1.45‑acre wooded parcel
- Fox River views from each cottage
- Minutes from the Fox River and Historic Downtown Algonquin
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
1,394
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven distinct cottages on a wooded parcel with Fox River views, offering an investor-oriented multifamily configuration.
Where is this apartment building located?
The property is located at 320-380 Highland Avenue Algonquin, IL.
What are key features of this property?
This property features: Seven distinct cottages on a 1.45‑acre wooded parcel; Fox River views from each cottage; Minutes from the Fox River and Historic Downtown Algonquin
