$350,000
 $1,879 est/mo Sourced by Back At You

3 Madison Street,Algonquin, IL 60102

Algonquin, IL 60102

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Description

In-town income property with massive capital updates! This turn-key 2-flat in Algonquin's Historic District features a vacant owner's unit and a steady $1,300 month-to-month tenant upstairs. The main unit includes a garage, neutral carpet, and French doors to a sunroom. The adorable upper unit offers a private entrance, 2 bedrooms, newer appliances, and a laundry/desk area. Over $30K in recent upgrades provides total peace of mind: 2025 roof, 2025 chimney rebuild/tuckpointing/liner/cap, 2022 furnace and AC, 2022 electrical panel, and twin water heaters (2022 & 2025). Separate electric meters. Steps to downtown dining, bike paths, and the Fox River.

Details

MLS #12718325
Listing TypeFor Sale
Sub-TypeResale
StatusActive Under Contract
Year1902
Days On Site10
Listing Provided ByRE/MAX Action | Dennis Toomey

Features

Bed(s)4
Bath(s)2
Garage1
BasementY

Interior

Rooms Total10
HeatingNatural Gas, Forced Air

Exterior

RoofAsphalt
Foundation DetailsStone
Construction MaterialsFrame

Parking

Parking FeaturesGarage Door Opener, Yes, Garage Owned, Attached, Off Street, Driveway, Owned, Garage
Garage Spaces1

Utilities

SewerPublic Sewer

Location

Community FeaturesPark, Sidewalks, Street Lights, Street Paved

Taxes

Tax Year2025
Tax Annual Amount6793.96

Area Information

StateIL
CountyMcHenry
CityAlgonquin
Zip Code60102
AreaAlgonquin
School DistrictDundee-Crown High School
Elementary SchoolEastview Elementary School
High SchoolDundee-Crown High School
Listing VS Median (in 60102)
Price:
$350,000
low | high
Med:
$439,900
24.314285714286% of Average
On site:
10
low | high
Med:
17
58.823529411765% 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
School DistrictDundee-Crown High School
Elementary SchoolEastview Elementary School
High SchoolDundee-Crown High School
Listing VS Median (in 60102)
Price:
$350,000
low | high
Med:
$439,900
24.314285714286% of Average
On site:
10
low | high
Med:
17
58.823529411765% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $262K - $437K
sqft: 0 - 0
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Listing Updated: August 31, 2026 at 5:44:00 PM PDT