$850,000
( $193.18Per Sq Foot )
 $4,563 est/mo Sourced by Back At You

205 S Main Street,Algonquin, IL 60102

Algonquin, IL 60102

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Description

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.

Details

MLS #12731199
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1902
Days On Site23
Listing Provided ByRE/MAX Suburban | Mary Opfer

Features

SQ Feet4,400
Story(s)2
Units3
ZoningCOMMR

Interior

CoolingCentral Air

Exterior

Foundation DetailsConcrete Perimeter
Construction MaterialsFrame

Utilities

UtilitiesElectric to Site, Natural Gas Available
ElectricCircuit Breakers

Taxes

Tax Year2025
Tax Annual Amount15017

Area Information

StateIL
CountyMcHenry
CityAlgonquin
Zip Code60102
AreaAlgonquin
Listing VS Median (in 60102)
Price:
$850,000
low | high
Med:
$439,900
98.247058823529% of Average
sqft:
4,400
low | high
Med:
1,716
100% of Average
$ / sqft:
$193
low | high
Med:
$256
17.300150829563% of Average
On site:
23
low | high
Med:
15
100% of Average
Sourced by Back At You

Market Activity 60102

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Additional Information

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Contact

Learn More About This Property

Cora Coonich

Cora Koren Coonich

Daniel and Associates Real Estate

475161422 (630) 808-2994cora@daare.com
StateIL
CountyMcHenry
CityAlgonquin
Zip Code60102
AreaAlgonquin
Listing VS Median (in 60102)
Price:
$850,000
low | high
Med:
$439,900
98.247058823529% of Average
sqft:
4,400
low | high
Med:
1,716
100% of Average
$ / sqft:
$193
low | high
Med:
$256
17.300150829563% of Average
On site:
23
low | high
Med:
15
100% of Average
Sourced by Back At You
Listing Updated: August 25, 2026 at 2:12:03 AM PDT