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Property Description
A rare opportunity to own a standout building in the heart of downtown Algonquin with ample parking both directly behind the building and off street! This striking building sits right on Main Street and is currently home to a well-known local restaurant, but this sale is for the real estate only. The business, business assets, and trade fixtures are not included. The building offers a bold architectural presence with tall storefront windows, ability to seat 50 inside, and 70+ outside across the covered outdoor dining spaces at street level, the second-floor balcony as well as the additional seating area and an outdoor bar. The building is in an optimal location, benefitting from the direct visibility of the large traffic count passing by on Route 62 while simultaneously offering visitors serene views of downtown Algonquin's historic district. The layout is built for a hospitality use but offers flexibility for other commercial concepts as well. Downtown Algonquin continues to maintain a quaint, small town vibe, making this a prime location for an owner-user or investor looking to secure a highly visible piece of Main Street. The current business tenant is able to vacate to another location prior to closing, so the new owner can quickly began operations of their own concept in one of the most recognizable buildings in downtown Algonquin!
Full Property Details
Full Property Details for 8 S Main St
General
- Price: $700,000
- Taxes: $11,991 (2024)
- Status: Active
- Type: Commercial Service
- Source: MRED
- MLS ID: 12731804
Interior
- Interior Features: Accessible Entrance, Public Restroom(s), Storage Inside, Basement
- Flooring: Wood
Location
- Area: Algonquin
- County: McHenry
- Township: Algonquin
- Driving Directions: Route 62 to Main St, turn South, Red building on the right.
- Location Details: Central Business District, Water View, TIF Zone, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Exhaust Fan, Ceiling Fan(s)
- Heating Type: Central Building Heat
Structural Information
- Construction: Wood, Cedar
- Exterior Const.: Wood, Cedar
- Foundation: Stone
- Sub-Flooring: Wood
- Stories/Levels: 2
- Square Feet: 1,800
- Year Built: 1893
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 220
- Lot Dimensions: 73 x 36 x 73 x 36
- Zoning: RTAIL
Water Features
- Water Front Name: CRYSTAL CREEK, FOX RIVER
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assessment Year: 1893
- Tax Amount: $11,991
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Historical
- Property ID: 1934103011
Listed by Keller Williams Inspire
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Schools
Schools serving 8 S Main St
School District:Community Unit School District 300
| Name | Grades | Distance |
|---|---|---|
Eastview Elementary School, Algonquin, IL 540 Longwood Drive, Algonquin, IL 60102 | K-5 | 0.8 mi |
Algonquin Middle School, Algonquin, IL 520 Longwood Drive, Algonquin, IL 60102 | 6-8 | 0.8 mi |
Oak Ridge School 300 Cleveland Avenue, Carpentersville, IL 60110 | 9-12 | 4.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 8 S Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,271
4%
$144,083
12%
2023
$10,787
100%
$128,864
11%
2022
-100%
$116,303
7%
2021
$9,614
—
$108,350
4%
2021
$9,614
5%
$104,515
4%
2019
$9,186
4%
$100,034
8%
2018
$8,808
2%
$92,410
6%
2017
$8,669
1%
$87,056
7%
2016
$8,586
1%
$81,651
7%
2015
$8,463
35%
$76,581
39%
2014
$6,270
2%
$54,917
-4%
2013
$6,136
2%
$57,337
-6%
2012
$6,002
—
$61,120
—
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 8 S Main St
8 S Main Street, Algonquin, IL 60102 (MLS# 12731804) is a Commercial Service property. 8 S Main Street is currently listed for $700,000 and was received on August 12, 2026. Want to learn more about 8 S Main Street? Do you have questions about finding other Commercial Service real estate for sale in Algonquin? You can browse all Algonquin real estate or contact a Coldwell Banker agent to request more information.

