205 S Main Street, Algonquin, IL

$850,000

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About 205 S Main Street

Prime Downtown Algonquin Location Along the Fox River! Discover a unique commercial opportunity in the heart of Historic Downtown Algonquin, ideally situated along the scenic Fox River. This vibrant area has experienced significant revitalization in recent years, creating exciting opportunities for restaurants, retail, office space, entertainment, and a variety of other businesses. This well-established building has been home to a longtime, successful Restaurant & Bar and offers an exceptional turnkey opportunity for an owner-user or investor. The beautifully remodeled interior features comfortable booths and tables with seating for 90+ guests, a dedicated video gaming room, basement space, and two modern second-floor apartments providing excellent potential for additional rental income. Additional highlights include a newer roof installed in 2019 and the opportunity to purchase the building, business equipment, and restaurant furnishings together, allowing a new owner to step into an established operation or create a new concept in one of Algonquin's most desirable and revitalized locations. Whether you're looking to continue with your own the restaurant and bar operation, introduce a new dining or entertainment concept, or capitalize on the property's mixed-use potential, this is an opportunity worth exploring. Prime location. Established presence. Multiple income possibilities. Exceptional potential. The current owner is not selling the business but relocating their business and is offering this unique opportunity for the sale of the building only. Contact the listing agent for additional information and details.

Features of 205 S Main Street

MLS® # 12731199
Price $850,000
Bathrooms 0.00
Year Built 1902
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 205 S Main Street
Area Algonquin
City Algonquin
County McHenry
State IL
Zip Code 60102

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Frame
Foundation Concrete Perimeter

Additional Information

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

Listing Details

OfficeRE/MAX Suburban

Listing Map

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