$352,501
$350,000
0.7%For more information regarding the value of a property, please contact us for a free consultation.
3 Madison ST Algonquin, IL 60102
4 Beds
2 Baths
Key Details
Sold Price $352,501
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12718325
Sold Date 09/30/26
Bedrooms 4
Year Built 1902
Annual Tax Amount $6,793
Tax Year 2025
Lot Dimensions 66 x 66
Property Sub-Type Two to Four Units
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.
Location
State IL
County Mchenry
Area Algonquin
Rooms
Basement Unfinished, Stone/Rock, Full
Interior
Heating Natural Gas, Forced Air
Equipment Water Heater-Gas
Fireplace N
Exterior
Garage Spaces 1.0
Community Features Park, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Building Description Frame, No
Sewer Public Sewer
Water Public
Structure Type Frame
New Construction false
Schools
Elementary Schools Eastview Elementary School
Middle Schools Algonquin Middle School
High Schools Dundee-Crown High School
School District 300 , 300, 300
Others
Ownership Fee Simple
Special Listing Condition None
Read Less
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© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Vladislav Georgiev of NOVA PROPERTY GROUP
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