Property profile

1320 Main St Algonquin, IL 60102

OFF-MARKET
Other commercial real estate
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Property ID
US28-1399056
3,545 SF 0.18 ac Built 2000
Last sale Jul 2024·$550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property consists of a freestanding restaurant and pizzeria building (approximately 3,545 square feet) constructed in 1980, situated on a lot of about 0.399 acres with ample off-street parking for approximately 50 vehicles. The restaurant layout includes a full wrap-around bar, a separate dining room, and a separate carryout entrance, supporting dine-in service as well as carryout and delivery operations. At the front, there is a screened-in deck with seating. The commercial kitchen is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$15k
Tax billed · 2022
Assessed value$175k
Assessed land$18k
Assessed improvement$157k
Effective rate8.70%

Value estimate

· Nov 2026
$550k
$495k – $605k
AI approach$550k
CAP approach$565k
Submarket $/SF estimate$479k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$116/SF
ZIP average, outlier-cleaned · 55 recorded sales of this use type
Observed band · Q1–Q3$69 – $161
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMCHENRY

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service9.0
Auto Repair Shop8.9
Kitchen & Bath8.9

Location

1320 Main St Algonquin, IL 60102-2744
County assessor Recorded deeds · 6 transfers 16 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
321 Jefferson, Algonquin, IL 60102-2609 $305,000 Oct 2025 2,201 SF
1494 Merchant, Algonquin, IL 60102-5917 $375,000 Jun 2025 2,700 SF
2302 Esplanade, Algonquin, IL 60102-5448 $250,000 May 2025 2,566 SF
800 Algonquin, Algonquin, IL 60102-3008 $925,000 Sep 2024 3,276 SF
1485 Commerce, Algonquin, IL 60102-5916 $365,000 Sep 2024 2,700 SF
1442 Merchant, Algonquin, IL 60102-5917 $360,000 Jun 2024 3,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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