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

329 Jefferson St, Algonquin, IL 60102

Two office units offer an owner-user setup with an existing month-to-month tenant and dedicated basement storage.

Property Size2,016 SF
Price / SF$138.88
Days on Market19

Property Features for 329 Jefferson St

General Information

Standard status Active
Size 2,016 SF
Total Parking Spaces 8

Additional Details

Office Units 2

Building Details

Year Built 1867
Buildings 1
Tenancy Multi
Listing Agency: RE/MAX At Home
Listed By: Anthony Bellino · License #471002939
Source: Grandviewrealtyservices
Added: Aug 10 Changed: Aug 28 Last Checked: Aug 25 at 4:46AM

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.

This 2,016-square-foot office building dates to 1867 and contains two commercial units. The first floor is occupied by a long-term tenant on a month-to-month lease, while the two-unit layout supports continued office use across the property. A full usable basement provides additional storage space.

The building is located in the historic district of downtown Algonquin, one-quarter block from Main Street and adjacent to the Prairie Trail bike path. Shops and restaurants are located along Main Street, and the property includes off-street parking for 5–8 cars.

Key Highlights

  • 2,016‑square‑foot office building constructed in 1867
  • Two commercial office units with a long‑term first‑floor tenant on a month‑to‑month lease
  • Full usable basement for additional storage

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

498
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 - Two office units offer an owner-user setup with an existing month-to-month tenant and dedicated basement storage.
Where is this office building located?
The property is located at 329 Jefferson St 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: 2,016‑square‑foot office building constructed in 1867; Two commercial office units with a long‑term first‑floor tenant on a month‑to‑month lease; Full usable basement for additional storage
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