Medical Office Condo
For Lease
$15 SF/Yr
1474 Merchant Dr, Algonquin, IL 60102
Medical office condo in Algonquin, available 3rd Quarter 2024.
Space Size6,581 SF
Days on Market153
Property Features for 1474 Merchant Dr
General Information
Standard status
Active
Size
6,581 SF
Property subtype
Office - Medical Office
Spaces For Lease
at 1474 Merchant Dr Contact us- Size
- 6,581 SF
- Type
- Medical Office
- Lease Type
- NNN
- Sublease
- No
- Build Type
- Full build out
Space Available $15/SF/Yr
Listing Agency:
Coldwell Banker Realty
Listed By:
Michael Velasco
Source:
Commercialcafe
Added: Mar 26
Changed: Aug 23
Last Checked: Aug 25 at 4:59AM
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 Coldwell Banker Realty
Investment Insights
Based on property information with market context.
A medical office condo in Algonquin, Illinois, will become available in the 3rd Quarter of 2024. Currently occupied by Midwest Plastic Surgery, the space is fully built-out. Located off County Line Road and east of Randall Road, the condo may suit another plastic surgeon or various other medical practices.
Key Highlights
- Turn‑key opportunity for a plastic surgeon or other medical uses.
- Fully built‑out medical office space.
- Available in 3rd Quarter 2024.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
498
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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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 - Medical office condo in Algonquin, available 3rd Quarter 2024.
Where is this medical office space located?
The property is located at 1474 Merchant Dr Algonquin, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Turn‑key opportunity for a plastic surgeon or other medical uses.; Fully built‑out medical office space.; Available in 3rd Quarter 2024.
