Algonquin, IL Multifamily properties for sale

Updated: Nov 11, 2025

Cottages with Fox River Views

320-380 Highland Avenue, Algonquin, IL 60102

$900,000

1.40 AC lot

Seven cottages on a 1.45‑acre wooded parcel with views of the Fox River
9 bedrooms and 7 bathrooms across the cottages
Built in 1930 with wood construction and asbestos listed among the construction materials
Composition roof
Water source: well; cable available

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Updated: Nov 11, 2025

Seven-Cottage Residential Income Property

320-380 Highland Avenue, Algonquin, IL 60102

Contact for pricing

1.45 AC lot

Seven distinct cottages on a 1.45‑acre wooded parcel
Fox River views from each cottage
Minutes from the Fox River and Historic Downtown Algonquin
Year built: 1930

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Based on your search, we've compiled 13 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 4 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

627 Chardonnay Lane, Crystal Lake, IL 60014

$585,000

3,000 sqft

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

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Elgin Development Opportunity

880 Summit St, Elgin, IL 60120

$1,900,000

17,000 sqft

Approved for residential and retail development in Elgin, Illinois.

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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.

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Three-Unit Victorian Income Property

1105 Morton Avenue, Elgin, IL 60120

$435,000

Well-maintained 3-flat offering three separate residential units and a 3-car garage for off-street parking.

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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

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing

3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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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.

APARTMENT HOUSE (5+ UNITS)

2400 Millbrook Dr, Algonquin, IL 60102-2569

Value Estimation by Request

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APARTMENT HOUSE (5+ UNITS)

Algonquin, IL 60102

Value Estimation by Request

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Residential income properties

265 Stonegate Rd, Algonquin, IL 60102

Value Estimation by Request

2,476 sqft 1.30 AC lot

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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 0 square feet of properties for sale, with an estimated market value of $900,000.

Sale prices for multifamily properties in Algonquin, IL start at $0.00, averaging $450,000, and reaching up to $900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60102	$590K

Neighborhood

Average Price

60102

$590K

Algonquin, IL Multifamily Properties for Sale

320-380 Highland Avenue, Algonquin, IL 60102

320-380 Highland Avenue, Algonquin, IL 60102