3 Madison Street, Algonquin, IL 60102

Local realty services provided by:ERA Partners
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 06, 2026 at 08:11 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
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Frank Scibior