Remodeled Fully Leased Office
For Sale
Under Contract
$425,000
265 Stonegate Road, Algonquin, IL 60102
Commercial Sale, Algonquin, IL
Property SizeContact for details
Lot Size1.30 Acres
Days on Market125
Property Features for 265 Stonegate Road
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
COMMR
Directions
Randall Rd. S of Algonquin Rd. to Stonegate Rd. E to 265 Stonegate (across from Lifetime fitness side entrance.)
Subdivision
Algonquin
Standard status
Active Under Contract
APN
1929302002
Lot size
1.30 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
9467
Utilities
Cooling system
Central Air
Amenities
secure
common conference room
men and women restrooms
kitchen area
waiting area
Building Details
Year built
2004
Floors in Building
1
Number of units
8
Flooring type
Carpet, Tile
Building materials
Brick
Listing Agency:
Perillo Real Estate Group
(224) 634-4476
Listed By:
Richard Perillo · License #471020096
(847) 331-2112
Added: May 4
Changed: Aug 26
Last Checked: Sep 5 at 5:06PM
MLS# 12637998
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This brick office condominium, built in 2004, is configured with 8 office rentals and shared support areas. The common layout includes a conference room, separate men’s and women’s restrooms, a kitchen area, and a waiting area. Tile and carpet flooring, central air, updated finishes, fresh paint, and new conference room furniture support a functional professional setting.
The property occupies 1.3 acres at 265 Stonegate Road in Algonquin, Illinois. It is positioned one block from Randall Road, adjacent to the Algonquin Jewel Shopping Center, and across from Lifetime Fitness. Recent property improvements include a roof replacement completed in 2019 and driveway sealing in 2020.
The property occupies 1.3 acres at 265 Stonegate Road in Algonquin, Illinois. It is positioned one block from Randall Road, adjacent to the Algonquin Jewel Shopping Center, and across from Lifetime Fitness. Recent property improvements include a roof replacement completed in 2019 and driveway sealing in 2020.
Key Highlights
- Fully leased office condominium with 8 office rentals
- Common conference room, kitchen area, waiting area, and separate men’s and women’s restrooms
- Recent interior updates include flooring, fresh paint, and new conference room furniture
Property Analytics
Property Profile
Current Use
Lease Details
8
Office units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 60102, IL
31,959
Population
12,076
Households
2.6
Avg Household Size
42
Median Age
43%
College-Educated
95%
High-School Grad
15.8 sq mi
ZIP Area
2,023
Density / Sq Mi
$128,070
Median Household Income
$59,484
Median Earnings
$1,826
Median Rent
$320,600
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Fully leased office condominium with refreshed interiors, shared conference facilities, and central air.
Where is this office units located?
The property is located at 265 Stonegate Road Algonquin, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Fully leased office condominium with 8 office rentals; Common conference room, kitchen area, waiting area, and separate men’s and women’s restrooms; Recent interior updates include flooring, fresh paint, and new conference room furniture
