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    205 S Main Street

    Algonquin, IL 60102
    • $600,000
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: 10944634
    UPDATED: 67 min ago
    $600,000
    • 0
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,400
      SQFT
    • $136
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1902
    County:
    Area:

    School Ratings & Info

    Description

    HISTORIC DOWNTOWN ALGONQUIN, RECENTLY REMODELED, DECORTIVE STREET, BUSY, POPULAR RESTAURANT / BAR. OUTSIDE SEATING, VIDEO GAMING ROOM. FULL BASEMENT. 90 SEAT OCCUPANCY RESTAURANT & BAR. FURNITURE, FIXTURES AND EQUIPTMENT INCLUDED IN SALE. INVENTORY DOLLAR FOR DOLLAR. NEW ROOF IN 2019. PLENTY OF PUBLIC PARKING BEHIND BUILDING. 2 - (2 BEDROOM) REMODELED APARTMENTS WITH ALL APPLIANCES AND WASHER / DRYER INCLUDED. (FULLY LEASED) APARTMENTS HAVE SEPERATE UTILITIES.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-22T08:51:55.257 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    205 S Main Street Algonquin, IL 60102

    • Price: $600,000
    • Status: Active
    • Updated: 67 min ago
    • MLS #: 10944634
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    4,400
    SQFT
    $136
    $/SQFT
    1902
    Built
    Neighborhood:
    Algonquin
    County:
    McHenry
    Area:
    Algonquin
    Property Description
    HISTORIC DOWNTOWN ALGONQUIN, RECENTLY REMODELED, DECORTIVE STREET, BUSY, POPULAR RESTAURANT / BAR. OUTSIDE SEATING, VIDEO GAMING ROOM. FULL BASEMENT. 90 SEAT OCCUPANCY RESTAURANT & BAR. FURNITURE, FIXTURES AND EQUIPTMENT INCLUDED IN SALE. INVENTORY DOLLAR FOR DOLLAR. NEW ROOF IN 2019. PLENTY OF PUBLIC PARKING BEHIND BUILDING. 2 - (2 BEDROOM) REMODELED APARTMENTS WITH ALL APPLIANCES AND WASHER / DRYER INCLUDED. (FULLY LEASED) APARTMENTS HAVE SEPERATE UTILITIES.
    Exterior Features

    Construction Materials Wood Frame Foundation Details Concrete Perimeter Frontage Type City Street Location Central Business DistrictMixed Use Area Outdoor Parking 51-100 Spaces Parking Total 90 Roof Composition Roof Structure Gable

    Interior Features

    Cooling Central Individual Electric 201-600 Amps Fire Protection Alarm MonitoredAlarm On SiteFire Extinguisher/S Fireplaces Total 1 Flooring VariesWood Heat Ventilation Forced AirGas Miscellaneous Inside Basement Number Of Apts 2 Number Of Dishwashers 1 Number Of Dryers 2 Number Of Offices 0 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 1 Number Of Washers 2

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 7.9 Current Use Commercial Electric Expense 0 Existing Lease Type N/A Expense Year 2020 Exterior Building Type Frame Fuel Expense 0 Geographic Locale Northwest Suburban Gross Income 66000 Gross Scheduled Income 66000 Insurance Expense 0 Known Encumbrances None Known Lot Size Dimensions 26 X 132 Net Operating Income Year 2020 Number Of Tenants 3 Operating Expense 18278 Other Expense 0 Owners Assoc YN Yes Possible Use Commercial Tax Annual Amount 11503.8 Tax Year 2019 Tenant Pays ElectricityHeat Total Actual Rent 0 Total Monthly Income 66000 Trash Expense 0 Unincorporated YN No Utilities Electric To SiteGas To SiteSanitary SewerWater-MunicipalWater To Site Water Drainage Floor Drains Water Sewer Expense 0 Zoning Commr

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Re/Max Of Barrington.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-22T08:51:55.257 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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 properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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