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    Algonquin, IL
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    Algonquin, IL Multifamily Properties for Sale

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    Barrington, IL Lake In The Hills, IL Cary, IL Barrington Hills, IL Crystal Lake, IL Lakewood, IL Woodstock, IL Huntley, IL
    Mixed-Use Building with Storefronts
    Updated: Aug 4
    Mixed-Use Building with Storefronts

    115 S Main Street, Algonquin, IL 60102

    $1,695,000
    0.20 AC lot
    6 residential apartments and 2 commercial storefronts
    Approximately 2,200‑square‑foot storefront currently available
    1892 brick construction with membrane and composition roofing
    Updates include roof, windows, plumbing, electrical, apartments, and commercial areas
    0.203 acres in downtown Algonquin at 115 S Main Street
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    Seven-Cottage Apartment Property
    Updated: Nov 11, 2025
    Seven-Cottage Apartment Property

    320-380 Highland Avenue, Algonquin, IL 60102

    $900,000
    1.40 AC lot
    Seven individual cottages on one multifamily property
    1.4‑acre wooded site in Algonquin
    Fox River views and proximity to Historic Downtown Algonquin
    MULTI zoning
    Built in 1930
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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    205 S Main St, Algonquin, IL 60102

    $850,000
    4,400 sqft

    1902 building with restaurant infrastructure, dining space, gaming room, basement area, and two upper-level apartments.

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    See what stands out in McHenry County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Algonquin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Residential Income Triplex
    Residential Income Triplex

    330 Park Avenue, Cary, IL 60013

    $425,000

    Income-producing property with three units across two detached buildings, including private garages for the second building’s units.

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    Downtown Development Land Portfolio
    Downtown Development Land Portfolio

    104 High Rd, Cary, IL 60013

    Contact for pricing
    35,551 sqft

    Portfolio includes multiple adjacent parcels with a double lot, a revenue parking lot, and an occupied 4-unit building.

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    Two-Building Multifamily Apartment Property
    Two-Building Multifamily Apartment Property

    52-60 Elm Ave, Carpentersville, IL 60110

    Contact for pricing

    Two buildings totaling nine 2 bed/1 bath units, with new boilers, water heaters, windows, and 16 parking spaces.

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    130-Unit Apartment Building
    130-Unit Apartment Building

    211 W Main St, Carpentersville, IL 60110

    Contact for pricing
    100,000 sqft

    Apartment property featuring 130 units at a 2025 build year.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Off-Market Properties in Algonquin, IL

    Consider similar Off-Market properties in Algonquin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2400 Millbrook Dr
    APARTMENT HOUSE (5+ UNITS)

    2400 Millbrook Dr, Algonquin, IL 60102-2569

    Value Estimation by Request
    View details
    Algonquin, IL 60102
    APARTMENT HOUSE (5+ UNITS)

    Algonquin, IL 60102

    Value Estimation by Request
    View details
    265 Stonegate Rd
    Residential income properties

    265 Stonegate Rd, Algonquin, IL 60102

    Value Estimation by Request
    2,476 sqft 1.30 AC lot
    View details

    Algonquin, IL Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Algonquin, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,400 square feet of properties for sale, with an estimated market value of $3,445,000.

    Sale prices for multifamily properties in Algonquin, IL start at $850,000, averaging $1,148,333, and reaching up to $1,695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2

    Demographics Overview

    Population 61K
    Population Growth (5Y) -0.7%
    Median Household Income $121,192
    College Educated 52.6%

    High-Yield Neighborhoods for Investment

    Identify Algonquin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60102 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 8.90%
    Property Tax per SF $80.23 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McHenry County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Algonquin fall within the 25,000 to 50,000 square foot range.

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