Residential Income

Algonquin, IL Residential Income Properties for Sale

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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

$850,000
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
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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
Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 2 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.

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.

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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.

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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Lakewood Homesite on Golf Course
Lakewood Homesite on Golf Course

7010 Fairway Dr, Crystal Lake, IL 60014

Contact for pricing
5.00 AC lot

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

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

6507 Scott Lane, Crystal Lake, IL 60014

$50,000
0.53 AC lot

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:
No data
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Algonquin, IL 60102
APARTMENT HOUSE (5+ UNITS)

Algonquin, IL 60102

Estimated value:
No data
View details
1659 Algonquin Rd
Farms

1659 Algonquin Rd, Algonquin, IL 60102

Estimated value:
No data
3.00 AC lot
View details
108 Arrowhead Dr
Land

108 Arrowhead Dr, Algonquin, IL 60102

Estimated value:
No data
0.50 AC lot
View details
265 Stonegate Rd
Residential income properties

265 Stonegate Rd, Algonquin, IL 60102

Estimated value:
No data
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:
No data
45.40 AC lot
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19 Birch St
Land

19 Birch St, Algonquin, IL 60102

Estimated value:
No data
0.24 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:
No data
View details

Algonquin, IL Residential Income Properties Market Trends and Statistics

Explore 10 residential income 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 $2,545,000.

Sale prices for residential income properties in Algonquin, IL start at $850,000, averaging $1,272,500, 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

Multifamily properties 2
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 $1.1M

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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