Robin Heath, Associate Broker
REALTOR®, ABR, MRP, AHWD, CNE, C2EX
MLS#12555887
STATUSActive
PROPERTY TYPECommercial - Business
Property Description
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 RARELY AVAILABLE.
Property Features
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
Listed By / Shown By
Listed By
Agency Name: RE/MAX Deal Makers
Agency Phone: 847-683-9200
Shown By
Agent Name: Robin Heath, Associate Broker
Agent Phone: Cell: (734) 819-1724
Agency Title: Key Realty
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115 S Main Street, Unit 115-119 | MLS# 12555887
This commercial property located at 115 S Main Street, Unit 115-119, Algonquin, IL 60102 is currently listed for sale with an asking price of $1,695,000. Search Algonquin real estate on robinheath.ikeyrealty.com today.