1. Home
  2. > Search
  3. > Homes for Sale in Algonquin
  4. > 205 S Main Street, Algonquin, IL 60102
$335,000
4,400
square ft

205 S Main Street
ALGONQUIN, Illinois 60102

Closed / MLS #9513640 / Commercial / Mixed Use / Algonquin
Listing information updated 3/4/2018 at 1:20am
Great Opportunity-Motivated Seller-Owner Retired: 40 years in Business. Great Restaurant on the main floor with 2 apts on the second floor. It also has a basement of 1950 SF approx. The apts are rented for $1000 and $850 and the the restaurant used to pays $3000/m rent to the owner. Total rental income potential of $58200 with expense of $23000 with the restaurant operations. The price includes the building and the business with all equipment and fixtures. Great Potential Income to run business 7 days a week for Breakfast, Lunch and Dinner. Seating capacity is 90. Parking available in the Front main street and in the back lot. In 2004, the owner updated Electric, Plumbing, Furnaces, two 10 ton AC units. 2 Full baths and 2 half baths with ceramic tile floors, cement board siding and new blown insulation in walls and attic. The Alarm system is monitored by Fire Dept. One apt has Fireplace and one has built-in dishwasher and microwave.
Built:
1902
Parking Spaces:
90
Cooling System:
Central Individual
Stories:
2
Roof:
Shingle Composition
Current Use:
Commercial
Potential Use:
Commercial
Zoning:
COMMR
Building Square Feet:
4,400
Current Net Income:
$35,500
Tax Amount:
$9,132
Tax Year:
N/A
Zip Code:
60102
City:
Algonquin
County:
Mc Henry

Listing Office: Berkshire Hathaway HomeServices American Heritage

Listing Office Phone: 847.364.6030

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/4/2018 at 1:20am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Algonquin, IL

Once a small farming community, Algonquin has grown into a vibrant suburban village with excellent parks, shopping, restaurants, and cultural events. From summer festivals to snowboarding, there are many things to do in this northwest suburb. Residents enjoy the area’s parks, nature preserves, and...
$433,188
Average Sale Price
42
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 205 S Main Street, Algonquin, IL 60102
Mortgage Calculator

Not quite what you are looking for?

Similar listings for sale near 205 S Main Street, Algonquin, IL 60102

Like the area?

More homes for sale near 205 S Main Street, Algonquin, IL 60102

New Listings in Algonquin, IL

Recently Sold Homes in Algonquin, IL

Nearby Homes for Sale

205 S Main Street, Algonquin, IL 60102 is a commercial / mixed use which sold for $335,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since February 25th, 2017 and was built in 1902.

Mortgage Calculator