Algonquin Homes under $500,000

Welcome to Algonquin, Illinois—a charming village that perfectly blends suburban tranquility with vibrant community life. Nestled along the banks of the Fox River, Algonquin boasts a rich history and an array of modern amenities that make it an ideal place for families, young professionals, and retirees alike. With its picturesque parks, scenic riverwalks, and a variety of local shops and restaurants, Algonquin offers a welcoming atmosphere that invites residents to enjoy the great outdoors and engage with their neighbors.

For those looking to settle in this delightful community, there is a fantastic selection of homes available for under $500,000. Whether you’re in search of a cozy starter home, a spacious family residence, or a charming townhouse, Algonquin has something to suit every taste and budget. Many properties feature modern designs and amenities, including open floor plans, updated kitchens, and generous yards—perfect for entertaining or simply enjoying the serene surroundings.

In addition to its attractive housing options, Algonquin is known for its excellent schools, making it a prime choice for families. The village also hosts a variety of community events throughout the year, fostering a strong sense of belonging among residents. With easy access to major highways and nearby cities like Chicago, Algonquin offers the perfect balance of suburban living with urban convenience.

Discover the charm of Algonquin today, where your dream home awaits at an affordable price!

Newest Algonquin Homes under $500,000

$378,900

3 Beds ⋅ 3 Baths ⋅ 12803041 MLS ⋅ NEW Status

Welcome home to this beautifully maintained, move-in-ready townhome! Offering 3 bedrooms, 2.5 baths, and a bright, open-concept floor plan, this home is thoughtfully designed for both comfortable everyday living and entertaining. The updated kitchen showcases quartz countertops and a modern backsplash, opening seamlessly to the living and dining areas to create an inviting space for gathering with family and friends. The spacious primary suite features a private en-suite bath, while two additional bedrooms, a versatile loft, and a main-level den provide plenty of flexible living space for a home office, playroom, or media room. Step outside to your private patio overlooking open common space, offering a peaceful setting and added privacy. The attached 2-car garage features ample storage for added convenience and organization. Combining a desirable location, tasteful updates, generous living space, and a functional layout, this wonderful home is ready for its next owner. Don't miss this opportunity!

1152 Kingsmill Drive, Algonquin

$426,990

3 Beds ⋅ 3 Baths ⋅ 12802666 MLS ⋅ NEW Status ⋅ Algonquin Meadows BLDG.

SPECIAL FINANCING AVAILABLE * JANUARY DELIVERY! Homesite# 1022. Step inside and explore the Charlotte, a highly sought-after two-story traditional townhome featuring three bedrooms and 2.5 baths. The first floor showcases an open-floor plan, creating a sense of spaciousness and unity that seamlessly blends entertainment and everyday comfort. It's easy to see why the kitchen is considered the heart of this home-complete with a walk-in pantry, stainless steel appliances, and a stunning oversized quartz island, this space leaves nothing to be desired. Better still, the kitchen flows effortlessly into a generous great room and dining area, making it ideal for hosting gatherings and special events. Upstairs, retreat to the luxurious owner's suite, offering a spacious walk-in closet and a spa-inspired bath. Two more generously sized bedrooms, an additional bathroom, and a convenient laundry room round out the upper level. High-end finishes include luxury vinyl plank flooring, sleek quartz countertops, and elegant decorative railings, all enhancing the home's aesthetic appeal. *Photos are not this actual home* Nestled in a beautifully planned community, Algonquin Meadows offers a variety of thoughtfully designed single-family homes, traditional townhomes, and urban townhomes - all set among serene green spaces and tranquil ponds. Winding streets, cul-de-sacs, and walking paths create a peaceful neighborhood atmosphere that feels private, yet perfectly connected. Just minutes away, charming downtown Algonquin awaits with scenic riverfront parks, fishing spots, and a vibrant local culture. You'll enjoy convenient access to premier destinations like Northwestern Medicine, top-rated golf courses, and fitness centers such as Lifetime Fitness. Located right off the Randall Road corridor, you're surrounded by some of the area's best shopping and dining - including Trader Joe's, Cooper's Hawk, Target, Costco, and Algonquin Commons. Whether you're looking for daily essentials or a relaxing night out, everything you need is within easy reach. Come home to Algonquin Meadows - where natural beauty, community charm, and modern convenience meet.

1177 Glenmont Street, Algonquin

$406,990

3 Beds ⋅ 3 Baths ⋅ 12802656 MLS ⋅ NEW Status ⋅ Algonquin Meadows BLDG.

AVAILABLE 2027 DELIVERY! SPECIAL FINANCING OFFERS AVAILABLE! Homesite #1232 This Amherst Model, three-story home is ready for households of any size. On the first floor is a versatile and private study. An open-concept floorplan shared between the kitchen, living and dining areas makes up the second level, with a deck offering convenient outdoor access. Three bedrooms comprise the third floor, including the luxurious owner's suite with an en-suite bathroom and walk-in closet. Throughout the home, luxury vinyl plank flooring, quartz countertops, LED lighting, and decorative railings elevate the aesthetic. *Photos are not this actual home* Nestled in a beautifully planned community, Algonquin Meadows offers a variety of thoughtfully designed single-family homes, traditional townhomes, and urban townhomes - all set among serene green spaces and tranquil ponds. Winding streets, cul-de-sacs, and walking paths create a peaceful neighborhood atmosphere that feels private, yet perfectly connected. Just minutes away, charming downtown Algonquin awaits with scenic riverfront parks, fishing spots, and a vibrant local culture. You'll enjoy convenient access to premier destinations like Northwestern Medicine, top-rated golf courses, and fitness centers such as Lifetime Fitness. Located right off the Randall Road corridor, you're surrounded by some of the area's best shopping and dining - including Trader Joe's, Cooper's Hawk, Target, Costco, and Algonquin Commons. Whether you're looking for daily essentials or a relaxing night out, everything you need is within easy reach. Come home to Algonquin Meadows - where natural beauty, community charm, and modern convenience meet.

404 Cold Spring Street, Algonquin

$340,000

4 Beds ⋅ 3 Baths ⋅ 12800903 MLS ⋅ NEW Status

INCREDIBLE POTENTIAL IN ALGONQUIN! Opportunity awaits in this spacious 4-bedroom, 2.5-bath home offering over 3,200 square feet of living space, including the finished basement! Tucked away on a quiet dead-end street, this property features a large fenced backyard backing to a local school and expansive open field, offering a fantastic setting with plenty of room to enjoy the outdoors. This home is all about the BONES, SPACE, and POTENTIAL! With generous room sizes, a functional layout, updated mechanicals, and a finished basement, the foundation is here to create something truly special. The interior is ready for a substantial renovation, making this an excellent opportunity for buyers who aren't afraid to roll up their sleeves and build some serious sweat equity. Whether you're an investor looking for your next project or a family ready to transform a house into your dream home, the possibilities are endless! Finding this much living space, a large fenced yard, and a quiet location in Algonquin is no easy task. Bring your vision, your contractor, and your creativity! With the right updates, this spacious Algonquin gem has the potential to shine once again. An incredible opportunity to make a home your own while building value along the way! Home is offered AS IS

610 N Vista Drive, Algonquin

$385,000

3 Beds ⋅ 3 Baths ⋅ 12800943 MLS ⋅ ACTIVE Status

Welcome to this gorgeous 3 bed, 3 bath home that sits on a quaint corner lot just minutes away from picturesque Downtown Algonquin. Located in the coveted Algonquin School District 300, with a school bus stop right up front! Step inside to an open and inviting living room featuring elegant vaulted ceilings and all brand new beautiful skylights. The spacious kitchen provides generous counter space and a convenient breakfast bar. The primary suite includes skylights, a private bathroom, and an oversized walk-in closet. A private balcony off the dining area overlooks the large, fully fenced backyard, while an expansive deck offers the perfect setting for relaxing or entertaining. Additional highlights include a freshly resurfaced circular driveway with two entrances, an attached two-car garage, a newer A/C compressor, a new water-softening and purification system, and added attic insulation. A brand-new roof was just installed 10/2026 offering added value and peace of mind to the new owner! An optional low-cost annual membership provides exclusive access to the Algonquin Hills Subdivision river lot, featuring a boat launch, pier, beach, and playground.

1379 Cary Road, Algonquin

$399,900

2 Beds ⋅ 2 Baths ⋅ 12796626 MLS ⋅ ACTIVE Status

Welcome to this beautifully remodeled home offering the perfect blend of modern updates, comfort & charm in a desirable Algonquin location! This impressive 2-bedroom, 2-bath home has been extensively renovated with attention to detail throughout! Step inside & fall in love with the soaring cathedral ceilings, skylights that flood the home with natural light, gorgeous hardwood floors & recessed lighting. The inviting living room features a beautiful Mendota direct-vent gas fireplace, creating the perfect space to relax & unwind. The stunning updated kitchen offers granite countertops, an abundance of cabinetry, stylish backsplash & tile flooring. Both bathrooms have been tastefully remodeled with updated Kohler fixtures & finishes. Sliding glass doors lead to an expansive cedar deck built in 2023, ideal for entertaining, summer gatherings or enjoying the peaceful surroundings. Step outside to discover a massive fenced-in backyard backing to a creek, offering a wonderful combination of outdoor space & natural beauty! A storage shed built in 2019 provides additional convenience. Additional improvements include all-new plumbing supply & drain lines, spray foam insulation in the attic & crawlspace, a new water heater in 2026 & a roof approximately 8 years old. The heated 1-car garage adds year-round functionality. Enjoy the convenience of Algonquin living with access to shopping, dining, parks & recreation. With its extensive renovations, impressive outdoor space & thoughtful upgrades, this home is truly a must-see! Move right in & start enjoying everything this wonderful property has to offer!

308 Beach Drive, Algonquin

$409,900

2 Beds ⋅ 2 Baths ⋅ 12788261 MLS ⋅ ACTIVE Status

Welcome to Grand Reserve of Algonquin, where comfort meets carefree living! Discover the perfect blend of style, comfort, and convenience in this beautifully updated newer construction ranch home in the highly desirable Grand Reserve 55+ community. Designed for easy single-level living, the home features an open-concept floor plan, 9-foot ceilings, abundant natural light, fresh paint, and updated light fixtures throughout. The stunning kitchen offers 42-inch designer cabinetry, soft-close drawers, quartz countertops, stainless steel appliances, a spacious pantry, and an oversized island with seating, perfect for entertaining or enjoying your morning coffee. Luxury vinyl flooring flows through the main living areas for a modern look with easy maintenance. The primary suite is a true retreat, with a walk-in closet featuring a professionally designed organization system and a spa-like en-suite bath with a dual-sink vanity and a walk-in shower with glass doors. Professional closet systems throughout add smart storage, and the additional bedrooms offer flexibility for guests, a home office, or hobbies. Relax or entertain on the covered patio. With lawn care, landscaping, and snow removal included, you can spend less time on maintenance and more time enjoying the community's scenic walking trails and natural surroundings. All of this is just minutes from Randall Road shopping, dining, and entertainment. This is the low-maintenance lifestyle you've been waiting for!

2651 Harnish Drive, Algonquin

$349,900

4 Beds ⋅ 3 Baths ⋅ 12780396 MLS ⋅ ACTIVE Status

Welcome to your new home! This spacious 4-bedroom, 2.5-bath home offers comfort, style, and a lifestyle that's hard to beat. The kitchen is a showstopper, with rich 42" cherry cabinetry, granite countertops, and a center island perfect for entertaining. The private primary suite features its own full bath. Enjoy the convenience of a first-floor laundry room and a 2-car attached garage. Step out onto the large deck overlooking the oversized backyard, ideal for summer gatherings and weekend barbecues. Best of all, enjoy RIVER RIGHTS with access to the community park and boat launch, just 2 blocks from the Fox River! Fox River living at its finest. Schedule your showing today!

139 Wildwood Road, Algonquin

$318,000

3 Beds ⋅ 3 Baths ⋅ 12776782 MLS ⋅ ACTIVE Status ⋅ Winding Creek BLDG.

This Winding Creek townhome lives like a single family home with 9' first floor ceilings providing that special spacious feeling! Enjoy the hardwood flooring in the entry, breakfast nook, and kitchen. The large galley-style kitchen has warm 42" tall oak cabinetry, a pantry closet, mostly newer appliances and plenty of counter space! Enjoy quiet time on the private cement patio right off the dining room through the sliding glass door. Upstairs your new primary suite has a ceiling fan, walk-in closet and private bathroom with dual sink vanity and shower. Two additional sizable bedrooms with ceiling fans and nice closets round out this 3- bedroom home. Neutral modern grey-toned decor to go with any furniture style. Never lug laundry up and down stairs again in your convenient 2nd floor laundry with newer Samsung washer(2024) and Whirlpool dryer (2023). Plenty of storage space in your 2 car garage. Ample additional parking available on the recently re-paved driveway (spring 2026). Furnace 2023, Stove 2025. W/H 2013. Association repaired & repainted the wood exterior trim 2026. So close to all the shopping and restaurants along the Randall Road corridor. As-is offers only, please.

22 Clara Court, Algonquin

$449,000

4 Beds ⋅ 3 Baths ⋅ 12787464 MLS ⋅ PRICE CHANGE Status

Welcome to this impressive two-story Cypress model offering 3,549 square feet of finished living space! A hard-to-find expanded kitchen features an eating area, island, and breakfast bar, all flowing into the inviting family room with an updated gas-start fireplace. Hardwood floors enhance both the living and family rooms. Upstairs, you'll find four spacious bedrooms, including an appealing primary suite with vaulted ceilings, French doors leading to the en-suite bath with updated vanity, and a walk-in closet. The second updated full bath offers convenient dual access from the hallway and the oversized second bedroom with double closets. The entire second floor, excluding the bathrooms, features updated wood/vinyl flooring 2024. A convenient second-floor laundry room includes a washer and dryer replaced in 2024. The fabulous finished basement provides additional versatile living and entertaining space, while newer windows add to the home's appeal. Enjoy wonderful curb appeal, a charming front porch, and an expanded concrete driveway offering additional parking. The backyard is an outdoor retreat featuring new gate on the fence and backyard landscaping 2025, a 6-8 person hot tub added 2022, perfect for relaxing or entertaining! Additional recent improvements include a new furnace motor 2025 and upgraded electric panel 2022. Ideally located just minutes from downtown Algonquin, shopping, restaurants, the prairie path, parks, baseball fields, and transportation. This home offers an exceptional combination of space, thoughtful updates, and outdoor enjoyment!

695 Fox Run Lane, Algonquin

$384,900

3 Beds ⋅ 2 Baths ⋅ 12789357 MLS ⋅ ACTIVE Status

Welcome to this beautifully updated 3-bedroom, 2-bath home in desirable Algonquin Shores, just minutes from the Fox River! Enjoy a renovated kitchen featuring granite countertops, newer stainless steel appliances, and a spacious island with integrated lighting, perfect for romantic dinners. The finished English basement offers a cozy stone wood-burning fireplace and custom-built bar, ideal for entertaining. Recent upgrades include a 5-year-old roof, new water softener, premium water filtration system valued at over $5,000, and newer high-end washer and dryer. Relax in your private backyard, visit the neighborhood river park, or bike along the Prairie Trail. Conveniently located near downtown Algonquin, shopping, dining, and major roads. **Move-in ready and full of charm. A wonderful place to call home!**

1540 Manhatas Trail, Algonquin

$399,000

5 Beds ⋅ 2 Baths ⋅ 12789297 MLS ⋅ ACTIVE Status

****EXCELLENT INVESTMENT 0PP0RTUNITY!!! RENT ONE UNIT AND LIVE IN THE OTHER or RENT BOTH AND ENJOY THE CASH FLOW! VERY WELL KEPT 2 FLAT PROPERTY WITH 2 SPACIOUS UNITS, 2 LARGE WOOD DECK* FANTASTIC LOCATION * DOWN TOWN ALGONQUIN. 3 BEDROOMS UPSTAIRS * 3 BEDROOMS DOWN STAIRS * WINDOWS - SIDING - ROOF- HVAC- CENTRAL AC- WATER HEATER HAVE ALL BEEN UPGRADED * BOTH UNITS ARE AROUND 1000 SQUARE FEET EACH * HUGE BACKYARD * FULL BASEMENT W/ LAUNDRY *6 CARS PARKING DRIVEWAY, PLUS PLENTY OF PARKING SPACE OUTSIDE* GREAT LOCATION * CLOSE TO EVERYTHING - SHOPPING CENTER- TRANSPORTATION- FEW MINUTES TO DOWNTOWN. HURRY *DO NOT LOSE THIS OPPORTUNITY* SOLD AS-IS

327 Jefferson Street, Algonquin

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Algonquin Homes under $500,000

Newest Algonquin Homes under $500,000

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