List Search

1445-1457 Merchant Dr
Algonquin, IL 60102

$258,427 - $275,900 USD

Medical Condos For Sale  •  1,339+ SF

Property Details

  • Property Type Medical
  • Total Building Size 21,550 SF
  • Lot Size 4.49 AC
  • Building Class B
  • Year Built 2005
  • Cap Rate 10.00 %
  • Tenancy Multiple
  • Zoning B2- PUD, Algonquin
0 Transit Score
29 Walk Score

3 Units Available

Name Condo Use Size Price Details
1st Floor - Unit 1447 Office 1,860 SF $264,900 USD
  • Unit Size: 1,860 SF
  • Condo Use: Office
  • Price: $264,900 USD
  • Sale Type: Investment
  • Price/SF: $142.42 USD
1st Floor - Unit 1449 Office 1,339 SF $258,427 USD
  • Unit Size: 1,339 SF
  • Condo Use: Office
  • Price: $258,427 USD
  • Sale Type: Investment
  • Price/SF: $193.00 USD
1st Floor - Unit 1455 Office 1,573 SF $275,900 USD
  • Unit Size: 1,573 SF
  • Condo Use: Office
  • Price: $275,900 USD
  • Sale Type: Investment
  • Price/SF: $175.40 USD

Description 

Turn-key medical testing center now available for lease, located in the Briarwood Office center just off of County Line Road in Algonquin (across from Algonquin Commons). Strategically located within 5.3 to 12.0 miles of 3 hospitals and 6 medical clinics. This is a major service area for Advocate Sherman and Centegra Healthcare. McHenry County is home to more than 300,000 residents.

Property Flyers

Cap Rate: 10.00 %

Public Transportation

Commuter RailDriveWalkDistance
Pingree Road Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 15 min - 7.3 mi
Crystal Lake Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 14 min - 7.3 mi
AirportDriveWalkDistance
Chicago O'Hare International 43 min - 33.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 80
Type: Surface
Included in Rent: Yes
Michael Carpenter 815-540-5101 RVG Milner/Carpenter
Michael Carpenter 815-540-5101 RVG Milner/Carpenter