115 S Main Street 115-119,Algonquin, IL 60102
Algonquin, IL 60102
Description
RARE OPPORTUNITY to own one of Downtown Algonquin's Signature Investment properties - The Columbia Hall Building. A landmark mixed use investment property in the heart of Downtown Algonquin, Built in 1892 this well maintained property blends timeless architectural character with modern improvements, creating an exceptional opportunity for investors and/or owner-users alike. This property features 6 residential apartments upstairs and 2 commercial storefronts providing diversified income potential in the Fox River area's most desirable location. One of the properties unique features is the approx. 2200 sq ft storefront that has intentionally kept available to provide the next owner with maximum flexibility. Whether you're looking to relocate your business to a highly visible Main Street location or lease the space to enhance future income. Improvements consist of new roof, updated windows, plumbing, electrical, updated apartments, and commercial spaces. Located near restaurants, shops, parks, McHenry Prairie Trail and the Fox River. Many events also happening in the downtown area year around. The Columbia Hall Building offers the perfect combination of historic charm, strong location and long term investment potential. OPPORTUNITES LIKE THIS ARE RARELY AVAILABLE.
Details
| MLS # | 12555887 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1892 |
| Days On Site | 24 |
| Listing Provided By | RE/MAX Deal Makers | Gabriele Gutierrez |
Features
| Story(s) | 2 |
|---|---|
| Units | 8 |
| Zoning | COMMR |
Interior
| Cooling | Central Individual, Window Unit(s) |
|---|
Exterior
| Roof | Composition, Membrane, Reflective Coating |
|---|---|
| Foundation Details | Stone |
| Construction Materials | Brick |
Utilities
| Electric | Circuit Breakers |
|---|
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 20409.52 |
Area Information
| State | IL |
|---|---|
| County | McHenry |
| City | Algonquin |
| Zip Code | 60102 |
| Area | Algonquin |
| Listing VS Median (in 60102) | |
Price: $1,695,000 low | high Med: $439,990 On site: 24 low | high Med: 17 | |
Market Activity 60102
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Learn More About This Property
| State | IL |
|---|---|
| County | McHenry |
| City | Algonquin |
| Zip Code | 60102 |
| Area | Algonquin |
| Listing VS Median (in 60102) | |
Price: $1,695,000 low | high Med: $439,990 On site: 24 low | high Med: 17 | |
