205 S Main Street Algonquin, IL $ 850,000
205 S Main Street
$ 850,000
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205 S Main Street

Algonquin, IL, 60102
$ 850,000
Bedrooms-- Baths-- Sq 4,400

Monthly Estimate*

$ 5,367

205 S Main Street, Algonquin, IL 60102 - Image 1
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Commercial Property for sale in Algonquin, IL

for $850,000. This 4,400 square foot building was built in 1902 on a lot size of 0.078788.

Prime Downtown Algonquin Location Along the Fox River! Discover a unique commercial opportunity in the heart of Historic Downtown Algonquin, ideally situated along the scenic Fox River. This vibrant area has experienced significant revitalization in recent years, creating exciting opportunities for restaurants, retail, office space, entertainment, and a variety of other businesses. This well-established building has been home to a longtime, successful Restaurant & Bar and offers an exceptional turnkey opportunity for an owner-user or investor. The beautifully remodeled interior features comfortable booths and tables with seating for 90+ guests, a dedicated video gaming room, basement space, and two modern second-floor apartments providing excellent potential for additional rental income. Additional highlights include a newer roof installed in 2019 and the opportunity to purchase the building, business equipment, and restaurant furnishings together, allowing a new owner to step into an established operation or create a new concept in one of Algonquin's most desirable and revitalized locations. Whether you're looking to continue with your own the restaurant and bar operation, introduce a new dining or entertainment concept, or capitalize on the property's mixed-use potential, this is an opportunity worth exploring. Prime location. Established presence. Multiple income possibilities. Exceptional potential. The current owner is not selling the business but relocating their business and is offering this unique opportunity for the sale of the building only. Contact the listing agent for additional information and details.

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Commercial Active

Price

$ 850,000

Property Type

Commercial

Taxes

$ 15,017

Style

Commercial

Lot Size

0.078788

Year Built

1902

Town/City

Algonquin

County/Region

McHenry

MLS | Web ID

12731199

Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available
Possession Negotiable
Zoning COMMR
Construction Materials Frame
Year Built 1902
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 2
Township Algonquin
Property Subtype Mixed Use
Tax Year 2025
Current Use Commercial
Gross Income 6800
County McHenry
Insurance Expense 14000
Property Type Commercial Sale Mixed Use
Possible Use Retail
Status New
Directions Algonquin Road Business District between Washington Street and Route 62/Algonquin Road
City Algonquin
Number Of Units Total 3
MLS Area Algonquin
Lot Size Square Feet 3432
Tax Annual Amount 15017
Electric Expense 2500
Fuel Expense 600
Trash Expense 5000
Water Sewer Expense 6000
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 4400
Lot Dimensions 26 x 132
Frontage Type City Street Public Road
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* Excluded Features
List By
Re/Max Suburban

Broker

mopfer@comcast.net

Email

Affordability Calculator

$6,618
Per Month
81%
19%
0%
Monthly Principal & Interest
$5,367
Monthly Property Taxes
$1,251
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/13/2026$850,000 Listed Price

Map


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205 S Main Street, Algonquin, IL, 60102 is a Commercial Property for sale at $850,000 with 4,400 sqft and a lot size of 0.078788. 205 S Main Street was built in 1902. The property's zip code is 60102 which is in Algonquin, IL