Search
Medical Office Condo Unit
For Sale
$1,000,000

1452 Merchant Drive, Algonquin, IL 60102

COMMERCIAL - Algonquin, IL

Property Size11,000 SF
Price / SF$90.91
Days on Market50

Property Features for 1452 Merchant Drive

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions Randall Rd. County Line Rd. - Merchant Dr.-address I-90-Randall Rd. Country Line Rd.-Merchant Dr.-address
Subdivision Algonquin
Standard status Active
APN 1932353020

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 22167

Utilities

Cooling system Central Air

Building Details

Year built 2006
Floors in Building 1
Number of units 1
Flooring type Wood, Carpet, Vinyl, Tile
Building materials Brick, Concrete
Roof type Composition
Listing Agency: Century 21 Circle · Coldwell Banker Real Estate
Listed By: Mark Ahmad · License #471007186
Added: Jun 11 Changed: Jul 28 Last Checked: Jul 30 at 4:06PM
MLS# 12673243

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 for-sale medical office condo unit is located within the Briarwood Office Multiple Buildings Complex at 1452 Merchant Drive in Algonquin. The offering is a large building/condo unit totaling approximately 11,000 square feet, designed to support a professional mix of medical and service-oriented practices. The property notes a newer roof.

The center is described as being within a short distance to major roads and interstates, and it is adjacent to several specialty medical practices within the same complex.

The property is zoned COMMR, and the remarks indicate compatibility with a broad set of office-based uses such as doctor and dentist practices, physical therapy, and other professional services including accounting, legal, mortgage, and architectural services.

Key Highlights

  • Professional medical office center at 1452 Merchant Dr within the Briarwood Office Multiple Buildings Complex
  • Approximately 11,000 SF building/condo large unit
  • Year built 2006 with central air conditioning

Property Analytics

Current Use

Medical Office Space

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
Highway access

Location Intelligence

Trade Area within ½ mile

731
Businesses Nearby
Well-served
Demand for This Use

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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Dr. Sharon Payne — Animal Care Clinic, 230 Stonegate Rd, Algonquin, IL 60102
  • ACC of Fox Valley — 230 Stonegate Rd, Algonquin, IL 60102

Frequently Asked Questions

What type of property is this?
Medical Office Space - Large medical office condo in a multi-building complex, offering a newer roof and proximity to major roads and interstates.
Where is this medical office space located?
The property is located at 1452 Merchant Drive Algonquin, IL.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Professional medical office center at 1452 Merchant Dr within the Briarwood Office Multiple Buildings Complex; Approximately 11,000 SF building/condo large unit; Year built 2006 with central air conditioning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message