$350,000

3 Madison Street, Algonquin, IL 60102

Active
4 beds 0 baths Built 1902 Residential Income MLS #MRD12718325 1 days on market
Listing courtesy of RE/MAX Action · 630-968-2600 · MLS #MRD12718325 · Status: Active
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.

Property details

Interior

Basement
Unfinished, Stone/Rock, Full
Additional rooms
Sun Room
Total rooms
10

Building & exterior

Age
100+ Years
Exterior
Frame
Roof
Asphalt
Foundation
Stone

Parking

Garage spaces
1
Total spaces
3
Parking details
Garage Door Opener, Yes, Garage Owned, Attached, Off Street, Driveway, Owned, Garage

Lot & location

Lot dimensions
66 x 66
Township
Algonquin
County
McHenry

Utilities

Heating
Natural Gas, Forced Air
Water
Public
Sewer
Public Sewer
Equipment
Water Heater-Gas

HOA & community

Community features
Park, Sidewalks, Street Lights, Street Paved

Schools

Elementary
Eastview Elementary School (300)
Junior high
Algonquin Middle School (300)
High school
Dundee-Crown High School (300)

Taxes & terms

Annual taxes
$6,793 (2025)
Parcel number (PIN)
1934159007
PIN
1934159007
Ownership
Fee Simple
Possession
Closing, Immediate
Special conditions
None
Listed
8/27/2026

What would this home cost per month?

Using this listing's actual tax bill (2025) — adjust anything.

Rates move daily — edit to today's quote. Under 20% down adds PMI automatically.

Estimated monthly payment
$0
Principal & interest
Property taxes
Insurance
PMI (under 20% down)
HOA / assessments

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Recently sold nearby

AddressBeds / BathsSoldPrice
407 La Fox River Drive 4 bd / 2.5 ba Apr 2026 $682,000
108 La Fox Drive 6 bd / 0 ba Apr 2026 $552,000
21 DIVISION Street 3 bd / 1.5 ba Mar 2026 $360,000
517 S Hubbard Street 3 bd / 3 ba Aug 2026 $380,000

Sold data courtesy of MRED as distributed by MLS GRID; properties may be listed or sold by various participants in the MLS.

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630 Oceola Drive, Algonquin, IL 60102
$274,900
2 bd · 2 ba · 911 sqft
209 Beach Drive, Algonquin, IL 60102
Want to see this home?

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Listings courtesy of MRED as distributed by MLS GRID. MLS GRID

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