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Investment Highlights

  • Historic Landmark Building
  • Modern Amenities & Features
  • Updated Kitchen, Bathrooms & HW Floors
  • Extensive Updates Throughout
  • Versatile Use for Office or Retail
  • Solar panels & Surround Sound System

Executive Summary

Constructed in 1875 as the First National Bank of Dundee, this 3,402 SF landmark property has been thoughtfully renovated to blend historic character with modern functionality. Rich architectural details - including soaring ceilings, original coffered woodwork, expansive arched windows, integrated sound system, solar panels, and the preserved original bank vault - create a distinctive interior rarely found in today’s market. The upper level overlooks the main floor and features a large conference room and office area, while additional upgrades include a full kitchen with high-end cabinetry, stone countertops, and a striking checkerboard hardwood floor. Also features updated restrooms, diamond-plate metal staircases, rear entry access, and a full basement with dedicated storage & separate entrance.
Zoned B-1 and positioned in the heart of Downtown West Dundee’s thriving commercial district, the property offers exceptional potential for boutique retail, professional office, or creative studio users and investors seeking a signature asset. With its architectural presence, adaptive versatility, and prime location, this is a rare opportunity to steward one of West Dundee’s most iconic buildings. Large public parking lot sits adjacent to the property.
118 W Main Street is ideally positioned in the heart of downtown West Dundee, the scenic Fox River and is just steps from the popular Riverwalk. The property benefits from strong visibility and connectivity along Route 72 (Main Street), with quick access to Route 31 and Interstate 90, placing it within easy reach of the greater Chicagoland area. Situated within West Dundee’s vibrant historic business district, the location is surrounded by local restaurants, boutiques, and service-oriented businesses, while being only minutes from the Randall Road retail corridor featuring national retailers, grocery stores, and dining options. Nearby attractions such as Raceway Woods Forest Preserve, Santa’s Village Amusement & Water Park, and the broader Fox River recreation areas further enhance the area’s appeal, supporting both daily traffic and destination-driven visitors.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,402 SF
Building Class
B
Year Built/Renovated
1875/2009
Price
$1,029,360 CAD
Price Per SF
$302.57 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
2.36
Lot Size
0.03 AC
Zoning
B-1

Amenities

  • Tenant Controlled HVAC
Fairly walkable
40/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Planet Fitness
LA Fitness
Starbucks
U.S. Bank
Red Lobster
Olive Garden
PNC Bank
Huntington National Bank
Fifth Third Bank
Chase Bank

Property Taxes

Property Taxes

Parcel Number
03-22-479-021
Land Assessment
$25,735 CAD
Improvements Assessment
$117,939 CAD
Total Assessment
$143,673 CAD
  • Listing ID: 40517411

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 118 W Main St, West Dundee, IL 60118

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