115 S Main Street 115-119, Algonquin, IL

$1,695,000

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About 115 S Main Street 115-119

RARE OPPORTUNITY to own one of Downtown Algonquin's Signature Investment properties - The Columbia Hall Building. A landmark mixed use investment property in the heart of Downtown Algonquin, Built in 1892 this well maintained property blends timeless architectural character with modern improvements, creating an exceptional opportunity for investors and/or owner-users alike. This property features 6 residential apartments upstairs and 2 commercial storefronts providing diversified income potential in the Fox River area's most desirable location. One of the properties unique features is the approx. 2200 sq ft storefront that has intentionally kept available to provide the next owner with maximum flexibility. Whether you're looking to relocate your business to a highly visible Main Street location or lease the space to enhance future income. Improvements consist of new roof, updated windows, plumbing, electrical, updated apartments, and commercial spaces. Located near restaurants, shops, parks, McHenry Prairie Trail and the Fox River. Many events also happening in the downtown area year around. The Columbia Hall Building offers the perfect combination of historic charm, strong location and long term investment potential. OPPORTUNITES LIKE THIS ARE RARELY AVAILABLE.

Features of 115 S Main Street 115-119

MLS® # 12555887
Price $1,695,000
Bathrooms 0.00
Year Built 1892
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 115 S Main Street 115-119
Area Algonquin
City Algonquin
County McHenry
State IL
Zip Code 60102

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Individual, Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Composition, Membrane, Reflective Coating
Foundation Stone

Additional Information

Days on Market 8
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Deal Makers

Listing Map

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