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328 S Main St
Algonquin, IL 60102
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Highly Trafficked Street
  • 2nd Story Residential Apartment
  • Two & Half Car Detached Garage
  • In the Heart of Downtown Algonquin
  • Basement & 3rd story For Extra Storage

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,052 SF
Building Class
C
Year Built
1891
Tenancy
Multiple
Building Height
3 Stories
Building FAR
0.38
Lot Size
0.19 AC
Zoning
B-1 - Service, Medical, Craft, Office, or Retail
Parking
5 Spaces (1.64 Spaces per 1,000 SF Leased)
Frontage
38’ on Main St

AMENITIES

  • Pylon Sign

ABOUT 328 S MAIN ST , ALGONQUIN, IL 60102

Remarks: LOCATION LOCATION LOCATION! Located on the main drag in the newly revitalized Downtown Algonquin. This Mixed Use Commercial Property has a month to month tenant already in place in 2nd floor apartment. Ample designated customer & road & handicapped parking already established. 2 Car detached garage & basement for storage. First floor zoned solely storefront commercial for retail, service business or offices. Employee kitchen complete with frig., counters, cabinets & kitchen sink. One bathroom. 3 separate rooms plus an open great room can be converted into separate offices. Second Story Apartment has 2 bedrooms and one bathroom & waher/dryer in unit. There is a semi finished 3rd floor loft which accesses from the 2nd story apartment. This investment may be a once in a life time opportunity. So much potential & cash flow awaits the right buyer. Past commercial tenant paid $1400. In the heart of downtown near shopping, restaurants, the Fox River & apartments.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
19-34-110-011
Land Assessment
$20,508
Improvements Assessment
$112,758
Total Assessment
$133,266
  • Listing ID: 31206069

  • Date on Market: 3/13/2024

  • Last Updated:

  • Address: 328 S Main St, Algonquin, IL 60102

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