205 S Main ST, Algonquin, IL 60102
205 S Main ST, Algonquin, IL 60102
205 S Main ST, Algonquin, IL 60102
205 S Main ST, Algonquin, IL 60102
205 S Main ST, Algonquin, IL 60102
205 S Main ST, Algonquin, IL 60102
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$ 850,000
Est. payment | /mo

4,400 SqFt


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$ 850,000
Est. payment | /mo
Save

4,400 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,400 sqft

Price per Sqft $193

MLS Listing ID 12731199

Year Built 1902

Annual Tax Amount $15,017

Tax Year 2025

Lot Dimensions 26 x 132

Property Sub-Type Mixed Use

Property 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.

Location

State IL

County Mchenry

Area Algonquin

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available

Building

Dwelling Type Mixed Use

Structure Type Frame

Midwest Real Estate Data (MRED) IDX
Listed by Mary Opfer of  RE/MAX Suburban 

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205 S Main ST