320-380 Highland Avenue Algonquin, IL ^$ 950,000

320-380 Highland Avenue

^$ 950,000

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320-380 Highland Avenue

Algonquin, IL, 60102

^$ 950,000

Bedrooms6 Baths0.0

Monthly Estimate*

^$ 5,849

320-380 Highland Avenue, Algonquin, IL 60102 - Image 1

320-380 Highland Avenue, Algonquin, IL 60102 - Image 2

320-380 Highland Avenue, Algonquin, IL 60102 - Image 3

Multi-Family Home for sale in Algonquin, IL

for $950,000 with 6 bedrooms. This home was built in 1930 on a lot size of 1.45.

Investor Alert! Algonquin's best kept secret. Seven cottages, each unique in feature and design, located minutes away from the Fox River and Historic Downtown Algonquin. Each cottage enjoys views of the Fox River on this 1.45 acre wooded parcel.

Multi-Family Contingent

Price

^$ 950,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 16,840

Style

Multi-Family

Lot Size

1.45

Year Built

1930

Town/City

Algonquin

County/Region

McHenry

MLS | Web ID

12515418

Features

General

Cooling Wall Sleeve

Utilities Sewer Connected Cable Available

Possession Closing

Roof Composition

Zoning MULTI

Construction Materials Wood Asbestos

Year Built 1930

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat

Stories Count 1

Township Algonquin

Tax Year 2025

Current Use Multi-Family

Gross Income 80520

County McHenry

Net Operating Income 50706

Operating Expense 29714

Insurance Expense 6403

Property Type Commercial Sale Multi Family 5+

Contingency Attorney/Inspection

MaintenanceExpense 400

Possible Use Single Family

Status Contingent

Directions Rt 31 south to Algonquin Rd(RT 62) east(left turn) over the Fox River to Highland Ave north (left turn) to 320 address.

City Algonquin

Number Of Units Total 7

MLS Area Algonquin

Lot Size Square Feet 62496

Tax Annual Amount 16840.8

Electric Expense 1200

Fuel Expense 0

Trash Expense 1716

Water Sewer Expense 1200

Ok to Lease 12 Months

Additional Parcels Y/N N

Standard Status Active Under Contract

Interior

Basement None

Total Fireplaces 0

Exterior

Water Source Well

Foundation Details Concrete Perimeter

Lot Dimensions irregular

Lot Size Acres 1.45

Frontage Type City Street

* Excluded Features

List By

Kale Realty

Broker

cancuncondos@aol.com;cancuncondos@aol.com

Affordability Calculator

$7,253

Per Month

Monthly Principal & Interest: $5,849
Monthly Property Taxes: $1,403
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Algonquin, IL

Average List Price ^$522,980

Percent of Sale Price 45%

About Algonquin, IL

30,142 Population

27% Since 2002

^$96,413 Median Income

40.37 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/11/2026	$950,000		Listed Price

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320-380 Highland Avenue, Algonquin, IL, 60102 is a Multi-Family Home for sale at $950,000 with a lot size of 1.45. 320-380 Highland Avenue has 6 bedrooms, 0.0 baths, and was built in 1930. The property's zip code is 60102 which is in Algonquin, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/13/2026.

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320-380 Highland Avenue

Multi-Family Home for sale in Algonquin, IL

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