Medical Office Condo
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
(773) 465-4200
Listed By:
Mark Ahmad · License #471007186
(312) 513-4490
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.
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
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
731
Businesses Nearby
Well-served
Demand for This Use
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
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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