Algonquin, IL 60102 Find on Map

$1,450,000 ($382/SQ FT)

Estimated $8,838/month View My Payment

4 Bedrooms | 4 Full Baths, 1 Half Baths
MLS#: 10805322 | Status: Cancelled

Wanted: Builders! Investors! Live almost free on the beautiful Fox River in this unique riverfront home while your tenants pay your expenses. There are three parcels in this sale which can be divided and sold. The main home, the river frontage, and 7 income producing cottages. The possibilities are endless, sell a parcel for development, expand the cottages, or enjoy your home as is. The cottages are currently generating approximately $5,600 per month. Main residence is a custom built A frame style home with a wall of windows to enjoy picturesque views of the four seasons over 180 feet of Fox River frontage. Open floor concept with volume cedar ceiling invites entertaining on your serene 3.98 acre retreat. Adjoining the main residence is a two room art studio which can be utilized for various functions. Enjoy fine dining, shopping, coffee shops, etc. in downtown Algonquin just minutes away, as are bike trails, parks and entertainment. Also enjoy weekly summer concerts from the privacy of your own pier or take a boat ride thru the locks and enter the chain of lakes for a day of boating. Cottage income and expense sheet available.

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Algonquin Rd west to River Rd turn right to 401 N River Rd Home is east of the Fox River and Rt 31

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My Notes on This Property

Listing Courtesy of: Diplomat Realty, Inc.

This Algonquin, Il Detached Single is located at 401 N River Road in and has 4 bedrooms, 4 full & 1 half bathrooms with approx 3,800 square feet and a Full Finished,crawl Basement. It has been listed For Sale on Blue Fence for days and is currently Cancelled on the Multiple Listing Service (MLS#: 10805322) with a list price of $ 1,450,000 or a price per sqft of $ 382.

401 N River Road is located within the Algonquin City Limits, 60102 zip code and in Mc Henry County Illinois. The Detached Single property was built in 1965 with a lot size of 3.0-3.99 Acres and has Garage with 2 Spaces. School age children living at 401 N River Road would go to Elementary School at Eastview Elementary School (District 300), Middle School at Algonquin Middle School (District 300) and High School at Dundee-crown High School (District 300).

Do you have questions about 401 N River Road in Algonquin? Learn more about this property and other Algonquin real estate for sale by contacting the best high selling real estate agents REALTORS® with awarding winning Blue Fence Real Estate. Simply request more information from a top rated Blue Fence REALTOR® or browse all of the most updated listings of Algonquin Homes For Sale.

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MLS#: 10805322 | Status: Cancelled

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