3 Madison Street, Algonquin, IL 60102

Algonquin
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
3 Madison Street,Algonquin, IL 60102
$350,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: dennis toomey
Office: re/max action
MLS#:12718325
Source:MLSNI

Price summary

  • Price:$350,000

About this home

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.

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Home facts

  • Year built:1902
  • Listing ID #:12718325
  • Updated:September 21, 2026 at 10:28 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:10
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1902
  • Foundation Description:Stone

Schools

  • High school:Dundee-Crown High School
  • Middle school:Algonquin Middle School
  • Elementary school:Eastview Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$350,000
  • Tax amount:$6,794 (2025)

Parking

  • Total parking spaces:3
  • Parking description:Attached Garage, Driveway, Garage, Off Street
  • Garage:Yes
  • Garage spaces:1
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