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115 S Main Street , Unit 115-119 Algonquin, IL 60102

$1,695,000
New / MLS# 12555887 / Commercial - Business / Algonquin
0 Beds

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 RARLEY AVAILABLE.

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Baird & Warner Dan Larson Email

Property Details

Property Type: Commercial - Business
Cooling: Central Individual, Window Unit(s)
Lot Size: 0.20 Acres
Roof Type: Composition, Membrane, Reflective Coating
Stories: 2.0
Taxes: $20,409
Year Built: 1892

Feature Descriptions

Electric: Circuit Breakers
Exterior: Brick
Fire Protection: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
Foundation: Stone
HVAC: Central Bldg Heat, Central Heat/Indiv Controls, Forced Air, Gas
Lot Dimensions: 132 x 67
Parcel#: 1934107004
Parking: 6-12 Spaces
Tenant Pays: Air Conditioning, Electricity, Varies by Tenant
Units: 8

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX Deal Makers

Listing Office Phone: 847-683-9200



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