Residential Income

Algonquin, IL Residential Income 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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Duplex with Two Decks
Updated: Oct 19
Duplex with Two Decks

327 Jefferson Street, Algonquin, IL 60102

$399,000
Two residences, each with 3 bedrooms and approximately 1,000 square feet
Two wood decks and a full basement with laundry
Driveway parking for 6 cars, plus additional parking space outside
Upgraded windows, siding, roof, HVAC, central AC, and water heater
Large backyard; public water and public sewer
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Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

205 S Main St, Algonquin, IL 60102

$725,000
4,400 sqft  1 building  Built 1902  Multi-tenant

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

Video gaming room
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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
Est. NOI available after sign in
Local Demand available after sign in
Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

640-648 S Main Street, Algonquin, IL 60102

Contact for pricing
14,100 sqft  1.17 acres  1 building  3-story  Multi-tenant
Highway access + Road access

Three-story configuration includes one-bedroom residences, commercial suites, shared laundry, and on-site parking.

41 parking spaces  On-site laundry facility
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4 active listings match your search: Residential Income for sale in Algonquin, IL. Based on your search, we've also compiled 16 Potential Opportunities for your consideration: 4 properties in nearby cities, 8 off-market properties to explore as potential leads, and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Residential Income Property with Patio
Residential Income Property with Patio

933 Wedgewood Drive, Crystal Lake, IL 60014

$539,000
1 unit  2,529 sqft  1 building  Built 1991

A three-bedroom home pairs a main-level primary suite with golf course views and a private outdoor patio.

Fireplace  Patio  Bay window  Hardwood floors  Stainless steel appliances  Walk-in closet  Soaker tub  Dual vanity
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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
Built 1940  0.27 acres

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

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Residential Income Triplex
Residential Income Triplex

330 Park Avenue, Cary, IL 60013

$425,000
3 units  Built 1907  Multi-tenant

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
Business included  4 units

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

Utilities to site
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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.

Residential Lot in Fairway View
Residential Lot in Fairway View

16 Springbrook Road, Algonquin, IL 60102

$139,900
0.2 acres

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

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Carpentersville Land For Sale
Carpentersville Land For Sale

Route, Carpentersville, IL 60110

$2,500,000
13.54 acres

Large property suitable for various uses in a TIF district.

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Lakewood Homesite on Golf Course
Lakewood Homesite on Golf Course

7010 Fairway Dr, Crystal Lake, IL 60014

Contact for pricing
5 acres

5-acre homesite on Turnberry Golf Course in Lakewood, Illinois.

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Half-Acre Lot in Crystal Lake
Half-Acre Lot in Crystal Lake

6507 Scott Lane, Crystal Lake, IL 60014

$50,000
0.53 acres

Sloping lot near major routes, utilities on site.

View details

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
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1659 Algonquin Rd
Farms

1659 Algonquin Rd, Algonquin, IL 60102

Estimated value: by Request
3.00 AC lot
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108 Arrowhead Dr
Land

108 Arrowhead Dr, Algonquin, IL 60102

Estimated value: by Request
0.50 AC lot
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265 Stonegate Rd
Residential income properties

265 Stonegate Rd, Algonquin, IL 60102

Estimated value: by Request
2,476 sqft 1.30 AC lot
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Randall Rd & Harnish Dr
Land

0 Randall Rd & Harnish Dr, Algonquin, IL 60102

Estimated value: by Request
45.40 AC lot
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Algonquin Rd At Sq Barn Rd
Land

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

Estimated value: by Request
View details

Algonquin, IL Residential Income Properties Market Trends and Statistics

Explore 12 residential income properties for sale in Algonquin, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 18,500 square feet of properties for sale, with an estimated market value of $2,819,000.

Sale prices for residential investment properties in Algonquin, IL start at $399,000, averaging $939,666, 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

Multifamily properties 4
Apartment buildings 2
Duplexes 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 $939.7K

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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