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    Algonquin, IL
    Residential Income

    Algonquin, IL Residential Income Properties for Sale

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

    115 S Main Street, Algonquin, IL 60102

    $1,695,000
    0.20 AC lot
    Six residential apartments and 2 commercial storefronts
    Approximately 2,200 sq ft storefront available for flexible use
    Built in 1892 with brick construction
    0.203‑acre site at 115 S Main Street, Algonquin, IL 60102
    Updates include roof, windows, plumbing, electrical, apartments, and commercial spaces
    View details
    Cottages with Fox River Views
    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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    Seven-Cottage Residential Income Property
    Seven-Cottage Residential Income Property

    320-380 Highland Avenue, Algonquin, IL 60102

    Contact for pricing
    1.45 AC lot

    Seven distinct cottages on a wooded parcel with Fox River views, offering an investor-oriented multifamily configuration.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 Active listings in Algonquin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 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.

    Remodeled Duplex with Detached Garage
    Remodeled Duplex with Detached Garage

    472 North Spring Street, Elgin, IL 60120

    $420,000
    2,400 sqft

    Remodeled duplex with separately metered utilities, coin-operated laundry, and a large detached garage for storage or rental income.

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    Duplex with Detached Garage Coach House Potential
    Duplex with Detached Garage Coach House Potential

    472 N Spring Street, Elgin, IL 60120

    $420,000
    0.20 AC lot

    Two-unit duplex remodeled in 2020, with coin-operated laundry, separately metered utilities, and a detached garage that may support a future third unit.

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    Rehabilitated Quadplex
    Rehabilitated Quadplex

    13 High Road, Cary, IL 60013

    $700,000

    Three of the four units were rehabilitated last year, supporting continued rental use.

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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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    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.

    Carpentersville Land For Sale
    Carpentersville Land For Sale

    Route, Carpentersville, IL 60110

    $2,500,000
    13.54 AC lot

    Large property suitable for various uses in a TIF district.

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    Elgin Land for Multi-Family Development
    Elgin Land for Multi-Family Development

    003 South Street, Elgin, IL 60124

    $600,000
    8.40 AC lot

    8.4-acre lot with multi-family zoning and city services.

    View details
    Waterfront Wooded Lot in Barrington
    Waterfront Wooded Lot in Barrington

    373 N Bateman Circle, Barrington Hills, IL 60010

    $389,000
    5.00 AC lot

    Lush 5-acre waterfront lot in Barrington Hills, Illinois.

    View details
    Residential Lot in Fairway View
    Residential Lot in Fairway View

    16 Springbrook Road, Algonquin, IL 60102

    $139,900
    0.20 AC lot

    Residential lot with walk-out basement potential in Fairway View.

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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
    1659 Algonquin Rd
    Farms

    1659 Algonquin Rd, Algonquin, IL 60102

    Value Estimation by Request
    3.00 AC lot
    View details
    108 Arrowhead Dr
    Land

    108 Arrowhead Dr, Algonquin, IL 60102

    Value Estimation by Request
    0.50 AC lot
    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
    Randall Rd & Harnish Dr
    Land

    0 Randall Rd & Harnish Dr, Algonquin, IL 60102

    Value Estimation by Request
    45.40 AC lot
    View details
    19 Birch St
    Land

    19 Birch St, Algonquin, IL 60102

    Value Estimation by Request
    0.24 AC lot
    View details
    Algonquin Rd At Sq Barn Rd
    Land

    0 Algonquin Rd At Sq Barn Rd, Algonquin, IL 60102

    Value Estimation by Request
    View details

    Algonquin, IL Residential Income Properties Market Trends and Statistics

    Explore 11 residential income properties for sale in Algonquin, IL, showcased through 3 active listings on our real estate platform.

    Sale prices for residential income properties in Algonquin, IL start at $900,000, averaging $1,297,500, 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 3
    Multifamily properties 3

    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 $900K

    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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