Mixed-Use Building with
640-648 S Main Street, Algonquin, IL 60102
For Sale
Contact for pricing
Three-story configuration includes one-bedroom residences, commercial suites, shared laundry, and on-site parking.
Property Size14,100 SF
Lot Size1.17 Acres
Days on Market43
Property Features for 640-648 S Main Street
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Highway Access
Road Access
Mixed-Use Components
Units
Unit Mix
Multifamily Units
Amenities
on-site laundry facility
Building Details
Buildings
Stories
Tenancy
Listing Agency:
Horvath & Tremblay
Listed By:
Thomas Shanley · License #IL 475207055
(312) 957-7189
Source:
Crexi
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 8 at 4:52PM
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 Horvath & Tremblay
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-story mixed-use property contains 16 units: 12 one-bedroom, one-bath apartments and four commercial spaces. The building offers 13,500 square feet of living area within 14,100 square feet of gross area. Shared laundry and 41 parking spaces are provided on the 1.17-acre parcel.
The property fronts Illinois Route 31, also known as Main Street, in Algonquin’s Old Town District. Restaurants, retailers, professional services, and the Fox River are part of the surrounding downtown setting. Interstate 90 is approximately 5.5 miles south, with Algonquin Road/IL Route 62 and Randall Road offering additional regional connections.
The property fronts Illinois Route 31, also known as Main Street, in Algonquin’s Old Town District. Restaurants, retailers, professional services, and the Fox River are part of the surrounding downtown setting. Interstate 90 is approximately 5.5 miles south, with Algonquin Road/IL Route 62 and Randall Road offering additional regional connections.
Key Highlights
- 16 units: 12 one‑bedroom, one‑bath apartments and 4 commercial spaces
- 13,500 square feet of living area; 14,100 square feet of gross area
- Three‑story building on a 1.17‑acre parcel
Property Analytics
Current Use
Lease Details
12
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
498
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
Frequently Asked Questions
What type of property is this?
Mixed-use property - Three-story configuration includes one-bedroom residences, commercial suites, shared laundry, and on-site parking.
Where is this mixed-use property located?
The property is located at 640-648 S Main Street Algonquin, IL.
What are key features of this property?
This property features: 16 units: 12 one‑bedroom, one‑bath apartments and 4 commercial spaces; 13,500 square feet of living area; 14,100 square feet of gross area; Three‑story building on a 1.17‑acre parcel
