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3 Madison St, Algonquin, IL 60102
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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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Market trends in 60102, IL
Last updated September 2026
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Sale and tax history for 3 Madison St
- Sale History
- Tax History
Public record
Property details
Parking
- Parking Information
- # of Garage Spaces: 1
- # of Parking (Total): 3
- Parking Features: Garage Door Opener, Garage Owned, Attached, Off Street, Driveway, Owned, Garage
Interior
- Bathroom Information
- # of Baths (Full): 2
- Bedroom Information
- # of Bedrooms: 4
- # of Bedrooms Possible: 4
- Additional Rooms Information
- Basement: Unfinished, Stone/Rock, Full
- Interior Features
- # of Rooms: 10
- Equipment
- Water Heater-Gas
Exterior
- Building Information
- # Of Units in Building: 2
- Age: 100+ Years
- Built Before 1978 (Y/N): Yes
- Roof: Asphalt
- Foundation Details: Stone
- Construction Materials: Frame
- Property Information
- Property Type: Two to Four Units
- Conversion (Y/N): N
- Ownership: Fee Simple
- Rebuilt (Y/N): No
- Rehab (Y/N): No
- General Information: Historical District
- Parcel Number: 1934159007
- Lot Information
- Dimensions: 66 x 66
- Lot Size: Less Than .25 Acre
- Lot Size Source: County Records
Financial
- Tax Information
- Tax Annual Amount: $6,793.96
- Tax Year: 2025
- Financial Information
- Finance Code: Conventional
- Special Service Area: N
Utilities
- Utility Information
- Water Source: Public
- Sewer: Public Sewer
- Heating & Cooling
- Heating: Natural Gas, Forced Air
Location
- Community Information
- Community Features: Park, Sidewalks, Street Lights, Street Paved
- Unit Type 1 Information
- Floor Number: 1
- Sq. Ft.: 1,213
- # of Rooms: 5
- # of Bedrooms: 2
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Garage/Space,Laundry Hook-Up
- Security Deposit: 0
- Tenant Pays: Electric,Gas,Heat,Scavenger,Sewer,Water
- Lease Expiration Date: Wednesday, July 1, 2026
- Unit Type 2 Information
- Floor Number: 2
- Sq. Ft.: 800
- # of Rooms: 5
- # of Bedrooms: 2
- # of Bathrooms (Total): 1
- # of Full Bathrooms: 1
- Appliances and Features: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Laundry Hook-Up
- Security Deposit: $1,000
- Rent: $1,300
- Tenant Pays: Electric
- Lease Expiration Date: mtm
- School Information
- Elementary School District: 300
- Elementary School: Eastview Elementary School
- Middle Or Junior School District: 300
- Middle Or Junior School: Algonquin Middle School
- High School District: 300
- High School: Dundee-Crown High School
- Location Information
- Township: Algonquin
- Corporate Limits: Algonquin
- Directions: Algonquin Road just west of the river to Harrison south to Madison east to property
Public facts
- Beds: —
- Baths: 2.0
- Sq. Ft.: 2,013
- Stories: 2.0
- Lot Size: 4,331 square feet
- Style: Single Family Residential
- Year Built: 1902
- Year Renovated: —
- County: McHenry County
- APN: 19-34-159-007
Other
- Listing Information
- Holds Earnest Money: Yes
- Possession: Closing, Immediate
- Some Photos Virtually Staged?: No
Around this home
Schools
Public PreK-5 • Assigned • 0.6mi
Public 6-8 • Assigned • 0.6mi
Public 9-12 • Assigned • 2.4mi
Climate risks
Estimated 37-49% chance of a flood reaching the building in the next 30 years
Unlikely to be in a wildfire in next 30 years
7 days above 101° expected this year, 14 days in 30 years
0% chance of strong winds in next 30 years
1 unhealthy days expected this year, 2 days in 30 years
Sun exposure
Very good sunlight
SunscoreThere appears to be minimal shading by surrounding buildings, terrain, and vegetation.
Nearby similar homes
New listings for sale in 60102
Home values near 3 Madison St
| Address | Redfin Estimate |
|---|---|
3 Beds | 2 Baths | 1599 Sq. Ft. | $292,651 |
4 Beds | 2 Baths | 2193 Sq. Ft. | $325,768 |
| Address | Redfin Estimate |
|---|---|
4 Beds | 2 Baths | - Sq. Ft. | $391,311 |
4 Beds | 2 Baths | 1811 Sq. Ft. | $190,381 |
| Address | Redfin Estimate |
|---|---|
2 Beds | 1 Baths | 1211 Sq. Ft. | $277,751 |
- Beds | - Baths | - Sq. Ft. | — |
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