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Algonquin

Algonquin

Located in McHenry County

$457,726 Average Value
$205 Average Price per Sq Ft
36 Homes For Sale

The Gem of the Fox River Valley

Often nicknamed “The Gem of the Fox River Valley,” the village of Algonquin is northwest of downtown Chicago. For much of the 20th century, Algonquin served as a retreat for Chicago residents to escape city life. They were attracted to recreation on the Fox River, and several summer homes were built. Over the years, though the village has grown, the suburb, with a population of just under 30,000, remains a change of pace from Chicago and much of the metro area. “It’s a small, river town, and the government here has a large budget and is not afraid to spend it to improve the quality of life,” says Jeff Padesky, Realtor and team lead at the JP Group in Algonquin. “Your tax dollars are well-spent here.”

The village of Algonquin is northwest of downtown Chicago, IL.
The village of Algonquin is northwest of downtown Chicago, IL.
Enjoy the serenity that is Algonquin.
Enjoy the serenity that is Algonquin.
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Revitalized downtown Algonquin

The downtown district of Algonquin, commonly called Old Town, characterizes the small-town vibe. Old Town is filled with locally owned shops and restaurants along the river. The village recently invested millions of dollars, including sprucing up the buildings, improving the sidewalks and providing better public parking options. The other central retail section is on Randall Road. “Algonquin has a cute little downtown, but its retail sector on Randall Road has boomed. I think that’s also a draw to the area,” says Rhonda Starr, a broker with @properties Christie’s International Real Estate. Algonquin Commons opened in 2004 and is anchored by DSW Warehouse and Old Navy. The Algonquin Galleria Center is another small shopping center on Randall Road. There isn’t as much development on the east side of the river in Algonquin. “That’s slowly improving, though,” Padesky says.

Downtown Algonquin is a charming place to both shop and eat local.
Downtown Algonquin is a charming place to both shop and eat local.
Algonquin locals enjoy a hearty breakfast at Short Stacks in the heart of the downtown area.
Algonquin locals enjoy a hearty breakfast at Short Stacks in the heart of the downtown area.
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Algonquin home prices are near the national average

Algonquin's late 2024 median home price was $413,000, $7,000 below the national figure. In Huntley, the neighboring suburb to the west, the cost is around $404,000 and in nearby Carpentersville, it’s around $265,000. Housing is a lot less than that of other northwest suburbs. “I know people who live in Schaumburg, Hoffman Estates and Palatine in million-dollar houses,” Padesky says. “I tell them you can get the same house in Algonquin for $400,000.” Condos and townhouses are also scattered throughout the village. “There’s not as much development east of the river, and the houses are generally older,” he adds. That’s the case in neighborhoods like Algonquin Heights. According to the First Street website, some houses close to the Fox River are in a moderate to severe flood zone.

FBI crime data indicates that rates of reported property and violent crimes were below state and national averages in 2023.

Rows of townhomes are situated along the waterfront view of Algonquin.
Rows of townhomes are situated along the waterfront view of Algonquin.
Some older victorian style homes line the streets in Algonquin near town.
Some older victorian style homes line the streets in Algonquin near town.
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Algonquin Founders’ Days

For four days in July, the community gets together at Ted Spella Community Park for live music, a parade and food during Algonquin Founders’ Days. In early December, the Christmas season kicks off with Miracle on Main with the lighting of the village tree. Old Town is decorated for the season, and there are live reindeer. Kid-themed concerts are held in various locations from 11 a.m. to noon on Wednesdays during summer break.

Carolers in Victorian attire serenade visitors with festive tunes at Miracle On Main 2024
Carolers in Victorian attire serenade visitors with festive tunes at Miracle On Main 2024
A live reindeer charms visitors, spreading holiday magic at Miracle on Main 2024.
A live reindeer charms visitors, spreading holiday magic at Miracle on Main 2024.
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Three downtown parks in Algonquin

Two downtown parks in Algonquin are right by the river. Riverfront Park offers an opportunity to watch boats on the water. It’s also the site of Thursday evening outdoor concerts in the summer. Cornish Park features an iconic clock tower welcoming visitors. Other features include a gazebo, playground, picnic area, and benches with a view of the river. Towne Park is a block west of the river, undergoing an extensive renovation that should be ready by the summer of 2025. Additions will include an expansion of the playground and a bandshell for outdoor concerts.

A fishing enthusiast enjoys a balmy fall day at Cornish Park.
A fishing enthusiast enjoys a balmy fall day at Cornish Park.
Towne Park is located in Algonquin, IL and has a large playground, gazebo, and fields.
Towne Park is located in Algonquin, IL and has a large playground, gazebo, and fields.
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Randall Road is the dividing line between two school districts

Public school students who live east of Randall Road attend schools as part of Community Unit School District 300, rated an A-minus on Niche. There are six elementary schools, one K-8 and two middle schools. Those living west of the river attend Harry Jacobs High School, rated an A-minus, while those east generally attend Dundee-Crown High School. That school receives a B. Consolidated School District 158 serves far western Algonquin and is rated an A. The district has a grade K-2 and a 3-5 elementary school, a middle school and one high school. Private options include K-8 students served at St. Margaret Mary Catholic School.

Harry D Jacobs High Shcool is highly rated in Algonquin.
Harry D Jacobs High Shcool is highly rated in Algonquin.
Dundee-Crown High School is located in Carpentersville, IL.
Dundee-Crown High School is located in Carpentersville, IL.
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Take the Pace bus to the Metra station

Public transportation is limited within Algonquin, but the Pace suburban bus line has stops on Randall Road. The 550 Route connects Elgin to the south with Crystal Lake to the north. The bus line stops at the Crystal Lake Metra commuter rail station, with about a 90-minute trip to the Ogilvie Transportation Center in downtown Chicago.

Jeff Stapleton
Written By
Jeff Stapleton
Anthony Tortoriello
Photography Contributed By
Anthony Tortoriello
Jacob Branchaud
Video By
Jacob Branchaud

Interested in learning more about homes in this area? Reach out to Sandra Giron, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Algonquin Housing Trends

Housing Trends

Median List Price
$499,900
Median Sale Price
$470,000
Median Single Family Sale Price
$483,990
Median Townhouse Sale Price
$343,250
Median 2 Bedroom Sale Price
$287,500
Median Change From 1st List Price
0%
Last 12 months Home Sales
285
Median Home Sale Price YoY Change
10%
Average Price Per Sq Ft
$205

Area Facts

Number of Homes in Neighborhood
2,993
Number of Homes for Sale
36
Median Year Built
2022
Months of Supply
1.50
Average Single Family Home Size Sq Ft
2,426
Above the national average
1,925
Average Townhouse Size Sq Ft
1,836
Average 2 Bedroom Size Sq Ft
1,423
Median Lot Size Sq Ft
10,454

Open Houses

  • Sunday, Sep 14
    Open Sun 12PM - 2PM

    1010 Grayhawk Dr, Algonquin, IL 60102

    $790,000

    • 4 Beds
    • 4.5 Baths
    • 5,464 Sq Ft
    • 1010 Grayhawk Dr
    • New 4 days ago

    This is the one you've been waiting for! Largest Coves model nestled on a quiet drive in coveted Huntley D158 is an absolute must-see! This stately brick-facade home sits on a nearly half-acre fenced lot with mature trees, brick paver patio, and manicured lawn with perimeter mulched berms & screen trees. You are welcomed by a hardwood foyer flanked by a sun-filled living room, an elegant

    Diane Kelly HomeSmart Connect LLC

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  • Sunday, Sep 14
    Open Sun 11AM - 1PM

    1681 Highmeadow Ln, Algonquin, IL 60102

    $470,000

    • 3 Beds
    • 2.5 Baths
    • 1,914 Sq Ft
    • 1681 Highmeadow Ln
    • New 4 days ago

    Welcome to this inviting ranch home in the desirable Brittany Hills subdivision! This 3 bedroom, 2 full bathroom, and 1 half bath home boasts an open floor plan with soaring ceilings, hardwood floors throughout, fresh paint and new light fixtures and fans. The kitchen is the heart of the home with stainless steel appliances, and a seamless flow into the living area featuring a cozy wood-burning

    Liz Simoni @properties Christie's International Real Estate

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  • Sunday, Sep 14
    Open Sun 12PM - 2PM

    531 Alpine Dr, Algonquin, IL 60102

    $539,900

    • 3 Beds
    • 2.5 Baths
    • 2,875 Sq Ft
    • 531 Alpine Dr

    Step into a home where morning coffee comes with sparkling pond views and sunlight fills every room. Built in 2023 by Pulte Homes, this north-facing 3-bedroom, 2.1-bath residence with loft, den, and sunroom offers the perfect blend of elegance and comfort - all on a premium waterfront lot with a beautiful, spacious backyard in a highly sought-after, sold-out community with scenic walking trails

    Vidhu Sharma Coldwell Banker Realty

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Algonquin

Property Mix - Square Feet

Algonquin Has More Owners

Demographics

Total Population
29,461
Median Age
43
Population Density
68 ppl/acre
Population under 18
22.5%
On par with the national average
23.8%
Population over 65
18.8%
On par with the national average
19.1%

Finances

Median Household Income
$117,137
Significantly above the national average
$71,702
Average Household Income
$139,168

Education and Workforce

High School Graduates
94.8%
College Graduates
43.7%
Above the national average
34.1%
Advanced Degrees
15.4%
% Population in Labor Force
75.3%
Above the national average
65.1%

Weather

Annual Precipitation
37''
Average Winter Low Temperature
17°F
Average Summer High Temperature
84°F
Annual Snowfall
20''

Area Factors

Bikeable

Bike Score®®

54 / 100

Car-Dependent

Walk Score®®

16 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Algonquin
Sandra Giron
RESIDENTIAL PRO LLC
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