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Algonquin

Algonquin

Located in McHenry County

$457,821 Average Value
$205 Average Price per Sq Ft
19 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 Denise Sowder, 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

Area Facts

Number of Homes
3,011
Number of Homes for Sale
19
Median Year Built
2022
Months of Supply
1.00
Average Single Family Home Size Sq Ft
2,423
Above the national average
1,931
Average Townhouse Size Sq Ft
1,849
Average 2 Bedroom Size Sq Ft
1,436
Median Lot Size Sq Ft
10,454

Open Houses

  • Saturday, May 2
    Open Sat 11AM - 1PM

    615 Harper Dr, Algonquin, IL 60102

    $974,900

    • 5 Beds
    • 3 Baths
    • 4,200 Sq Ft
    • 615 Harper Dr
    • New 22 days ago

    Welcome to your New Home! A Truly Unique New Construction Residence in Great Neiborhood in Algonquin! This one-of-a-kind, custom new construction residence is the only home of its kind currently on the market in Algonquin-offering exceptional design, an unbeatable location, and breathtaking natural views you won't find anywhere else. This stunning two-story, full brick home showcases a beautiful

    Agent Photo
    Ruslana Pentek
    Leader Realty, Inc.
    (224) 459-2349
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  • Sunday, May 3
    Open Sun 1PM - 3PM

    2103 Glacier Ct Unit 31, Algonquin, IL 60102

    $275,000

    • 2 Beds
    • 2 Baths
    • 1,218 Sq Ft
    • 2103 Glacier Ct
    • Unit 31
    • New 3 days ago

    Move right into this beautifully modernized 1st-floor end-unit ranch townhouse with a full BASEMENT, ideally located near both Algonquin and downtown Barrington. Bright and inviting with 9' ceilings, this home has been thoughtfully updated throughout, featuring luxury vinyl plank flooring, a stunning kitchen with stainless steel appliances, quartz counters, sleek backsplash, and a custom coffee

    Martin Vehlow Jameson Sotheby's International Realty

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  • Saturday, May 2
    Open Sat 12PM - 2PM

    3752 Innesbrook Ct, Algonquin, IL 60102

    $699,900

    • 4 Beds
    • 5 Baths
    • 6,412 Sq Ft
    • 3752 Innesbrook Ct
    • New 2 days ago

    IMPRESSIVE does not even begin to describe this amazing home with UNIQUE AND CUSTOM features throughout. Gorgeous Brazilian hardwood floors on main level. 2 story entry with TAILORED MADE 2nd floor WRAP AROUND LIBRARY. Sunny living room area includes wood beam barn posts. Flex room (could be used as den, playroom or cafe room) features built in wet bar with beverage fridge, glass pocket doors

    Holly Pfister Berkshire Hathaway HomeServices Starck Real Estate

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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

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$2,600
Median Single Family Home Rent
$2,600
Median 4 Bedroom Single Family Home Rent
$3,250
Median Townhouse Rent
$2,395
Median 2 Bedroom Townhouse Rent
$2,395
Median Condo Rent
$2,100
Median 2 Bedroom Condo Rent
$2,100

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
$79,597
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
64.9%

Weather

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

Area Factors

Fairly friendly

Bike Score®®

50 / 100

Fairly friendly

Walk Score®®

40 / 100

Not friendly

Transit Score®®

0 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and 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