Contact us: 563.441.1776
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 Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1892
General Information
County: McHenry
Listed By:
RE/MAX Deal Makers
847-683-9200
MRED MLS
MLS ID: 12555887
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115 S Main Street, Unit 115-119, Algonquin, IL 60102.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $1,695,000 | $1,695,000 | $1,695,000 |
| Down Payment | $59,325 | $0 | $339,000 |
| Monthly Mortgage Amount | $10,383 | $10,802 | $8,571 |
| Taxes | $2359 | $2359 | $2359 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,017 | $0 | $0 |
| Monthly Estimated Total | $14,253 | $13,655 | $11,424 |
Disclaimer:
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 consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/12/2026. The listing information on this page last changed on 08/12/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 08/12/2026 12:03:42 AM EST) or MRED MLS (last updated Tue 08/11/2026 11:58:04 PM EST) or SCWMLS (last updated Tue 08/11/2026 11:54:39 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 08/11/2026 10:15:20 PM EST) or Cedar Rapids MLS (last updated Tue 08/11/2026 10:44:57 PM EST) or NEIRBR MLS (last updated Tue 08/11/2026 11:58:41 PM EST) or ICAAR MLS (last updated Tue 08/11/2026 11:37:28 PM EST) or ECIMLS (last updated Tue 08/11/2026 11:44:33 PM EST) or RMLSA (last updated Wed 08/12/2026 12:00:55 AM EST) or Muscatine MLS (last updated Wed 08/12/2026 12:00:09 AM EST) or No Coast MLS (last updated Tue 08/11/2026 11:54:22 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors 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. All rights reserved.
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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