Cottages with Fox River
For Sale
Under Contract
$900,000
320-380 Highland Avenue, Algonquin, IL 60102
MULTI_FAMILY - Algonquin, IL
Property SizeContact for details
Lot Size1.40 Acres
Days on Market270
Property Features for 320-380 Highland Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
10
Bathrooms
7
Full bathrooms
7
Rooms
Bathroom 6, Bedroom 3, Bathroom 3, Bedroom 10, Bedroom 6, Bedroom 7, Bathroom 7, Bathroom 2, Bedroom 9, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 5, Bedroom 8
Directions
Rt 31 south to Algonquin Rd(RT 62) east(left turn) over the Fox River to Highland Ave, north (left turn) to 320 address.
Subdivision
Algonquin
Standard status
Active Under Contract
APN
1934202009
Lot size
1.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
16841
Utilities
Utilities
Cable Available
Water source
Well
Building Details
Year built
1930
Floors in Building
1
Number of units
7
Building materials
Wood, Asbestos
Roof type
Composition
Listing Agency:
Kale Realty
(312) 939-5253
Listed By:
Marie Levin · License #475128218
(312) 939-5253
Added: Nov 11, 2025
Changed: Aug 3
Last Checked: Aug 8 at 12:06PM
MLS# 12515418
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 multifamily property consists of seven cottages, each described as unique in feature and design. The cottages are situated on a wooded 1.45-acre parcel, with Fox River views noted for the individual residences. The offering is presented as a residential income property.
Located at 320-380 Highland Avenue in Algonquin, Illinois (McHenry County), the property is described as minutes away from the Fox River and Historic Downtown Algonquin. The site is characterized as a wooded parcel, with the surrounding context centered on the river and downtown proximity.
For buyers seeking a cottage-style multifamily configuration, this property provides a small, distinct-unit setup under MULTI zoning. The seven-cottage layout may appeal to investors and operators looking for a residential income asset with varied unit character on a wooded site. Interested parties should review the specific cottage features and designs provided in the offering materials when evaluating fit for their portfolio strategy.
Located at 320-380 Highland Avenue in Algonquin, Illinois (McHenry County), the property is described as minutes away from the Fox River and Historic Downtown Algonquin. The site is characterized as a wooded parcel, with the surrounding context centered on the river and downtown proximity.
For buyers seeking a cottage-style multifamily configuration, this property provides a small, distinct-unit setup under MULTI zoning. The seven-cottage layout may appeal to investors and operators looking for a residential income asset with varied unit character on a wooded site. Interested parties should review the specific cottage features and designs provided in the offering materials when evaluating fit for their portfolio strategy.
Key Highlights
- Seven cottages on a 1.45‑acre wooded parcel with views of the Fox River
- 9 bedrooms and 7 bathrooms across the cottages
- Built in 1930 with wood construction and asbestos listed among the construction materials
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Seven unique cottages on a wooded parcel offer Fox River views for residential income in a MULTI-zoned setting.
Where is this apartment building located?
The property is located at 320-380 Highland Avenue Algonquin, IL.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Seven cottages on a 1.45‑acre wooded parcel with views of the Fox River; 9 bedrooms and 7 bathrooms across the cottages; Built in 1930 with wood construction and asbestos listed among the construction materials
