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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.
Median list price in this area is $404,900. (16% higher than this home)
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Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
10 total rooms
Unfinished full basement with stone/rock foundation
Gas water heater
Bedrooms
4 bedrooms (2 in each unit; first-floor unit has 2, second-floor unit has 2)
Bathrooms
2 full bathrooms (one per unit)
Kitchen
Stove
Refrigerator
Laundry & utility
Washer and dryer in units
Laundry hook-ups
Tenants pay for water/sewer/scavenger in at least one unit
Heating & cooling
Natural gas forced air heating
Central air conditioning in at least one unit
Exterior features
Historic district location
Lot dimensions approximately 66 x 66
Lot smaller than 0.25 acre
Sidewalks, street lights, paved streets, nearby park
Home design
Two- to four-unit building
More than 100 years old
Fee simple ownership
Parking
Attached garage with garage door opener (garage owned)
Driveway and off-street parking
Total of 3 parking spaces, including 1 garage space
Construction
Frame construction
Stone foundation
Asphalt roof
Built before 1978
Utilities
Public water
Public sewer
HOA & community
No special service area
Financial info
Listing holds earnest money
Possession at closing or immediate
Other
Two units in building
Unit 1 (first floor): 5 rooms, 2 bedrooms, 1 full bath, includes stove, refrigerator, washer, dryer, central air, garage/space, laundry hook-up; tenant pays electric, gas, heat, scavenger, sewer, water; lease through July 1, 2026
Unit 2 (second floor): 5 rooms, 2 bedrooms, 1 full bath, includes stove, refrigerator, washer, dryer, central air, laundry hook-up; tenant pays electric; rent $1,300; month-to-month lease
Electricity and solar
View estimated energy costs and solar savings for this home