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205 Main St
Algonquin, IL 60102
Restaurant property with two apartments · Retail Property For Sale
Investment Highlights
- Completely remodeled in 2018
- Video Gaming
- Parking behind building
- Two income producing Apartments upstairs
- Outdoor seating
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,400 SF
Building Class
C
Year Built/Renovated
1902/2019
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.56
Lot Size
0.18 AC
Parking
26 Spaces (8.61 Spaces per 1,000 SF Leased)
Frontage
34’ on Main St
Amenities
- Restaurant
- Air Conditioning
About 205 MAIN ST , ALGONQUIN, IL 60102
Location: Prime retail space in the heart of the newly revitalized downtown of Algonquin. On its walkable main street along with many other popular shops and eating & drinking establishments. A mecca of historic charm. The village is known as “The Gem of the Fox River Valley”!Historic freestanding building. Two 2-bedroom apartments above on 2nd floor generating a total of $2,000/mth. Tenants also pay their own gas and electricity. Real estate taxes $10,000. Restaurant Square Feet: 2,200 + Full Basement. Seating: 90 Inside & 70 Outside. Days/Hrs of Operation: We-Th 4p-9p, Fr 11a-10p, Sa-Su 9a-10p (Closed Monday & Tuesday). Value of FF&E: Included In Asking Price.
Property Taxes
| Parcel Number | 19-34-107-009 | Improvements Assessment | $171,654 |
| Land Assessment | $8,796 | Total Assessment | $180,450 |
Property Taxes
Parcel Number
19-34-107-009
Land Assessment
$8,796
Improvements Assessment
$171,654
Total Assessment
$180,450
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