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Active - Other for sale

Algonquin, IL

Facts & features

Other Property type
1893 Year built
2,614 sqft Lot size

Why you’ll love it

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!

Translating description...

Listings courtesy of @properties Christie's International Real Estate as distributed by MLS GRID.

Listed by: Christie Gabriel • @properties Christie's International Real Estate

Co-listed by: @properties Christie's International Real Estate

Source: MRED as distributed by MLS GRID, MLS#: 12775814 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 10:33 AM EST.

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Affordability

$455,000$945,000
1%20%
0%90%
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Estimated monthly payment

$4,539/mo

  • Mortgage$3,540
  • Property tax$999
  • HOA fee
  • Homeowners insurance
Due at closing$556,500
Down payment held in escrow$140,000
Closing costs$10,500
beycome credit Est.$14,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Algonquin

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Midwest Real Estate Data may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 10:33am EST. 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.

$700,000 Listed price

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$14,000 Credit back

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