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    Algonquin, IL
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    Algonquin, IL Multifamily Properties for Sale

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    Lake In The Hills, IL Cary, IL Crystal Lake, IL Lakewood, IL Hoffman Estates, IL Woodstock, IL Barrington Hills, IL Fox River Grove, 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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    Mixed-Use Building with Apartments
    Updated: Aug 24
    Mixed-Use Building with Apartments

    205 S Main St, Algonquin, IL 60102

    $725,000
    4,400 sqft
    4,400‑square‑foot mixed‑use building constructed in 1902
    Restaurant and bar configuration with seating for 90+ guests
    Dedicated video gaming room and basement space
    Two second‑floor apartments
    Located along the Fox River in Historic Downtown Algonquin
    View details
    See hot listings in Algonquin

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 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.

    Spacious Duplex in Desirable Community
    Spacious Duplex in Desirable Community

    627 Chardonnay Ln, Crystal Lake, IL 60014

    $599,000
    3,000 sqft

    Well-maintained duplex with investment potential in Crystal Lake, Illinois.

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    Crystal Lake Two-Unit Investment Property
    Crystal Lake Two-Unit Investment Property

    40 S WALKUP Avenue, Crystal Lake, IL 60014

    $321,815
    0.27 AC lot

    Two-unit property near downtown Crystal Lake amenities and transportation.

    View details
    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.

    View details
    Downtown Development Land Portfolio
    Downtown Development Land Portfolio

    104 High Rd, Cary, IL 60013

    $300,000

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

    View details

    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

    Estimated value: by Request
    View details
    265 Stonegate Rd
    Residential income properties

    265 Stonegate Rd, Algonquin, IL 60102

    Estimated value: by Request
    2,476 sqft 1.30 AC lot
    View details

    Algonquin, IL Multifamily Properties Market Trends and Statistics

    Explore 5 multifamily properties for sale in Algonquin, IL 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 $2,420,000.

    Sale prices for multifamily properties in Algonquin, IL start at $725,000, averaging $1,210,000, 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 1

    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 $1.3M

    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.

    How Realmo verifies these figures

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