Search
Two-Unit Historic Office Building
For Sale
$279,990

329 Jefferson Street, Algonquin, IL 60102

Commercial office units with basement storage, off-street parking, and OFFIC zoning.

Property Size2,016 SF
Days on Market427

Property Features for 329 Jefferson Street

General Information

Standard status Active
Size 2,016 SF
Total Parking Spaces 8
Property subtype Commercial
Zoning OFFIC

Additional Details

Office Units 2

Taxes and HOA fees

Annual Taxes $7,803

Amenities

usable basement

Building Details

Building Size 2,016 SF
Year Built 1867
Buildings 1
Stories 2
Units 2
Tenancy Multi
Listing Agency: RE/MAX At Home
Listed By: Anthony Bellino · License #471002939
Source: Midwestrealestate
Added: Jun 17, 2025 Changed: Aug 14 Last Checked: Aug 16 at 4:03PM

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 RE/MAX At Home

Investment Insights

Based on property information with market context.

Built in 1867, this two-unit commercial office property includes a full usable basement for storage and off-street parking for 5-8 cars. The first-floor unit is occupied by a long-term tenant on a month-to-month lease, while the two-unit layout also supports owner occupancy of one suite with the other rented.

The building is located in the Historic District of Downtown Algonquin at 329 Jefferson Street. It sits adjacent to the Prairie Trail bike path and one-quarter block from Main Street, where shops and restaurants are located. The property carries OFFIC zoning.

Key Highlights

  • Two commercial office units in a building constructed in 1867
  • Full usable basement provides additional storage space
  • First‑floor unit occupied by a long‑term tenant on a month‑to‑month lease

Property Analytics

Current Use

Office buildings

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

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

484
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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Commercial office units with basement storage, off-street parking, and OFFIC zoning.
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 $279,990.
What are key features of this property?
This property features: Two commercial office units in a building constructed in 1867; Full usable basement provides additional storage space; First‑floor unit occupied by a long‑term tenant on a month‑to‑month lease
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message