O'Neil Property Group
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$350,000
18 Days On Site

3 Madison Street
Algonquin, IL 60102

For Sale|Multi Family|Active Under Contract
4
Beds
2
Total Baths
1902
Built
County:
McHenry
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Action
3 Madison Street3 Madison Street3 Madison Street3 Madison Street
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Monthly Payment (Est.)

$1,597
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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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Listing Snapshot
Price 
$350,000
Days On Site 
18 Days
Bedrooms 
4
Inside Area (SqFt) 
N/A
Total Baths 
2
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1902
MLS® Number 
12718325
Status 
Active Under Contract
Property Tax 
$6,793.96
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
7 days agoStatus changed to Active Under Contract
3 weeks agoListing first seen on site
General Features
Attached Garage 
Yes
Foundation 
Stone
Garage 
Yes
Garage Spaces 
1
Parking 
Garage Door OpenerAttachedOff StreetDrivewayGarage
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
UnfinishedFull
Heating 
Natural GasForced Air
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Exterior Features
Construction Details 
Frame
Roof 
Asphalt
Community Features
Community Features 
ParkSidewalksStreet Lights
MLS Area 
Algonquin
School District 
Dundee-Crown High School
Township 
Algonquin
Schools
School District
Dundee-Crown High School
Elementary School
Eastview Elementary School
Middle School
Algonquin Middle School
High School
Dundee-Crown High School
Listing Courtesy of MRED as distributed by MLS Grid of RE/MAX Action



Based on information submitted to the MLS GRID as of 2026-09-07 08:05 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-07 08:05 PM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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