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Mixed Use · Algonquin, IL
$850,000
beds · baths
205 S Main Street, Algonquin, IL, 60102
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

Central air
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.
— the listing agent’s description

The home

Built in 1902
Lot 26 x 132
Mixed Use

What it’ll cost

$15,017 taxes / yr
No HOA
3 days on dwello

Estimated monthly payment

$6,018/mo
Principal & interest$4,519
Property taxes$1,251
Homeowners insurance$248
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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3 days on dwello
Price history
Listed for sale
Aug 13, 2026
$850,000
Property taxes
2025
Annual tax bill (MLS)
$15,017/yr
From county records — verify with the assessor.

Features

Central AirFrame

Schools nearby

Saint Margaret Mary School · 0.5 mi
Algonquin Middle School · 0.8 mi
Eastview Elementary School · 0.9 mi
Kenneth E. Neubert Elementary School · 1.0 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Mary Opfer · RE/MAX Suburban
Listing last updated Aug 14, 2026 · data refreshed from the MLS Aug 14, 2026, 8:06 AM CT
Based on information submitted to the MLS GRID as of Aug 14, 2026, 8:06 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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