3 Madison Street
Algonquin, Illinois 60102

Closed / MLS #12718325 / Multiple Unit (2-4) / Algonquin
Listing information updated 10/1/2026 at 10:23am
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.

Listing Office: RE/MAX Action

Listing Office Phone: 630.968.2600

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3 Madison Street, Algonquin, IL 60102 is a multiple unit (2-4) which sold for $352,501. 3 Madison Street features 4 Beds, 2 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since August 27th, 2026 and was built in 1902. Nearby schools include Eastview Elementary School, Algonquin Middle School, and Dundee-Crown High School.