Address
3 Madison Street, Algonquin, IL
Price
$ 350,000
Property Attributes
- MLS#12718325
- TypeMulti-Family
- Listing Status Contingent
- CountyMCHENRY
- CityAlgonquin
- AreaAlgonquin
- Zip60102
- Style
- Year Built1902
- Taxes$ 6793
- Price$ 350,000
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage2013
Data Source:
Midwest Real Estate Data (MRED)
Property Description
In-town income property with massive capital updates! This turn-key 2-flat in Algonquin's Historic District features a vacant owner's unit and a steady $1,300 month-to-month tenant upstairs. The main unit includes a garage, neutral carpet, and French doors to a sunroom. The adorable upper unit offers a private entrance, 2 bedrooms, newer appliances, and a laundry/desk area. Over $30K in recent upgrades provides total peace of mind: 2025 roof, 2025 chimney rebuild/tuckpointing/liner/cap, 2022 furnace and AC, 2022 electrical panel, and twin water heaters (2022 & 2025). Separate electric meters. Steps to downtown dining, bike paths, and the Fox River.
| Elementary School | Middle School | High School |
|---|---|---|
| Eastview Elementary School | Algonquin Middle School | Dundee-Crown High School |
| Price History | |
|---|---|
| 8/27/2026 | Listed $350,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas,Forced Air |
| Possession | Closing,Immediate |
| Roof | Asphalt |
| Garage Spaces | 1 |
| Construction Materials | Frame |
| Year Built | 1902 |
| Township | Algonquin |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Community Features | Park,Sidewalks,Street Lights,Street Paved |
| County | McHenry |
| New Construction | No |
| Property Type | Residential Income |
| Contingency | Attorney/Inspection |
| Total Rooms | 10 |
| Status | Contingent |
| Directions | Algonquin Road just west of the river to Harrison south to Madison east to property |
| High School | Dundee-Crown High School |
| City | Algonquin |
| High School District | 300 |
| MLS Area | Algonquin |
| Elementary School | Eastview Elementary School |
| Tax Annual Amount | 6793.96 |
| Middle/Junior High School | Algonquin Middle School |
| Standard Status | Active Under Contract |
| Middle/Junior School District | 300 |
| Elementary School District | 300 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Unfinished,Stone/Rock,Full |
|---|---|
| Total Bedrooms | 4 |
| Room Type | Sun Room |
| Total Baths | 2 |
| Bedrooms Possible | 4 |
| Full Baths Building | 2 |
| Total Number of Units | 2 |
Exterior Features
| Parking Features | Garage Door Opener,Yes,Garage Owned,Attached,Off Street,Driveway,Owned,Garage |
|---|---|
| Water Source | Public |
| Total Parking | 3 |
| Foundation Details | Stone |
| Lot Dimensions | 66 x 66 |
| Waterfront Y/N | No |
| Other Equipment | Water Heater-Gas |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than REMAX Action may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 All rights reserved.Based on information submitted to the MLS GRID as of September 11, 2026 1:58 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of September 11, 2026 1:58 AM UTC
