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Main Photo

19 Photos

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205 S Main Street Algonquin, IL 60102

$850,000
Active / MLS# 12731199 / Commercial - Retail / Algonquin
0 Beds
4400 SqFt

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.

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Baird & Warner Stephanie Mitchell, MB Home Team Agent Cell: 224.436.2232 Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.08 Acres
Stories: 2.0
Taxes: $15,017
Year Built: 1902

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers
Exterior: Frame
Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s
Foundation: Concrete Perimeter
Frontage Type: City Street, Public Road
HVAC: Forced Air
Location: Central Business District, Mixed Use Area, High Traffic Area
Lot Dimensions: 26 x 132
Miscellaneous Indoor: Accessible Washroom/s, Private Restroom/s, Basement
Parcel#: 1934107009
Parking: 51-100 Spaces, Common Parking, Open, Public Lot, Parking-Street
Potential Use: Retail
Tenant Pays: Electricity, Heat
Units: 3
Utilities: Electric to Site, Natural Gas Available

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX Suburban

Listing Office Phone: 815-455-5700



Listing data and photos distributed by MLSGRID
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