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326-328 S Main Street, Algonquin, IL 60102
$382,000
326-328 S Main Street, Algonquin, IL 60102View this property at 326-328 S Main Street, Algonquin, IL 60102
326-328 S Main StreetAlgonquinIL60102
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Property Description
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.
Full Property Details
Full Property Details for 326328 S Main St
General
- Price: $382,000
- Taxes: $6,585 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11989779
- Updated: 3/8/2024
- Added to Site: 60 day(s) ago
Interior
- Interior Features: Passenger Elevator(s), Accessible Entrance, Multi-Tenant, Private Restroom(s), Public Restroom(s), Basement
- Flooring: Wood
Additional Information
- Security/Safety: Carbon Monoxide Detector(s)
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: Algonquin
- County: Mc Henry
- Township: Algonquin
- Driving Directions: Just south of Algonquin Rd. on Main Street (Route 31).
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site
Structural Information
- Foundation: Stone
- Sub-Flooring: Wood
- Stories/Levels: 3
- # of Stores: 3
- Year Built: 1891
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
- Units w/Refrigerators: 2
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 2,510
- Lot Dimensions: 82.5 x 214.5
- Drainage: Storm Sewers
- Zoning: COMMR
Financial Considerations
- Lease Price: $15
- Insurance Fee: $4,455
- Security Deposit: Carbon Monoxide Detector(s)
- Assessment Year: 1891
- Tax Amount: $6,585
- Tax Year: 2022
- Tenant Pays: Heat
Disclosures and Reports
- Documents Avail.: Historical, Floor Plan
- Property ID: 1934110011
Listed by Baird & Warner
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Schools
Schools serving 326328 S Main St
School District:Community Unit School District 300
Rating | Name | Grades | Distance |
---|---|---|---|
540 Longwood Dr, Algonquin, IL 60102 | K-5 | 0.8 mi | |
520 Longwood Dr, Algonquin, IL 60102 | 6-8 | 0.8 mi | |
1500 Kings Rd, Carpentersvle, IL 60110 | 9-12 | 2.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 326328 S Main St
Date
Details
Price
Change
Source
3/02/2024
Listed
$382,000
67.54%
MLS
7/08/2003
Sold
$228,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 326328 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2022
-100%
$76,794
7%
2021
$6,348
—
$71,543
4%
2021
$6,348
5%
$69,010
4%
2019
$6,065
4%
$66,051
8%
2018
$5,816
2%
$61,017
6%
2017
$5,724
1%
$57,482
7%
2016
$5,669
1%
$53,913
7%
2015
$5,588
2%
$50,565
5%
2014
$5,500
2%
$48,171
-4%
2013
$5,382
2%
$50,294
-6%
2012
$5,265
—
$53,613
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 326328 S Main St
326-328 S Main Street, Algonquin, IL 60102 (MLS# 11989779) is a Commercial property. 326-328 S Main Street is currently listed for $382,000 and was received on March 02, 2024. Want to learn more about 326-328 S Main Street? Do you have questions about finding other Commercial real estate for sale in Algonquin? You can browse all Algonquin real estate or contact a Coldwell Banker agent to request more information.