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Medical Testing Center
For Lease
$15 SF/Yr

1449 Merchant Drive, Algonquin, IL 60102

Medical facility in a commercial office center near County Line Road.

Space SizeContact for details
Days on Market2451

Property Features for 1449 Merchant Drive

General Information

Standard status Active
Zoning COMMR

Space & Availability

Space Use Medical Office
Condition Turnkey
Available From Immediate

Additional Details

Road Access Yes

Building Details

Year Built 2004
Stories 1
Units 1
Listing Agency: RVG Commercial Realty
Listed By: Michael Carpenter · License #20529
Source: Exit2newbeginningz
Added: Dec 4, 2019 Changed: Aug 18 Last Checked: Aug 19 at 1:59PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RVG Commercial Realty

Investment Insights

Based on property information with market context.

This medical testing center is available for lease within the Briarwood Office Center at 1449 Merchant Drive in Algonquin, Illinois. The property was built in 2004 and carries COMMR zoning.

The site is positioned near County Line Road, across from Algonquin Commons. Three hospitals and six medical clinics are located within a stated range of 5.3 to 12.0 miles, including facilities serving the Advocate Sherman and Centegra Healthcare service areas.

Key Highlights

  • Medical testing center available for lease
  • Located within the Briarwood Office Center
  • COMMR zoning designation

Property Analytics

Current Use

Medical centers

Suggested Use

Top Pick Garden Center Parking Lot & Garage (Bike/Boat/Book/etc) Store Plumbing Service Barber Shop Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

498
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical center - Medical facility in a commercial office center near County Line Road.
Where is this medical center located?
The property is located at 1449 Merchant Drive Algonquin, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Medical testing center available for lease; Located within the Briarwood Office Center; COMMR zoning designation
More about this property
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