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Office Condo with Private Offices
For Sale
Under Contract
$160,000

280 Stonegate Road, Algonquin, IL 60102

Commercial Sale, Algonquin, IL

Property SizeContact for details
Lot Size1.09 Acres
Days on Market304

Property Features for 280 Stonegate Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning OFFIC
Directions Randall Rd. S of Algonquin Rd. to Stonegate Rd. E to 280
Subdivision Algonquin
Standard status Active Under Contract
APN 1929354006
Lot size 1.09 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 3827

Utilities

Cooling system Central Air

Building Details

Year built 2003
Floors in Building 1
Number of units 1
Flooring type Carpet
Building materials Brick, Concrete
Roof type Composition
Listing Agency: Perillo Real Estate Group
Listed By: Richard Perillo · License #471020096
Added: Nov 13, 2025 Changed: Sep 9 Last Checked: Sep 13 at 9:06PM
MLS# 12517190

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 office condominium provides a practical professional layout with an administrative area, waiting room, three enclosed offices, and an open bullpen. Additional features include a kitchenette with sink, private washroom, and dedicated storage. The suite has carpeted flooring, central air, a composition roof, and brick and concrete construction dating to 2003.

The property is located on Stonegate Road east of Randall Road in Algonquin, near shopping, restaurants, grocery, child care, and Lifetime Fitness. The suite is currently leased through 3/31/2026 and carries OFFIC zoning.

Key Highlights

  • Three private offices plus an open bullpen and administrative area
  • Waiting room, kitchenette with sink, private washroom, and storage
  • Currently leased through 3/31/2026

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Plumbing Service (Bike/Boat/Book/etc) Store Catering Service Parking Lot & Garage Florist Tanning Salon

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office units - Configured for professional operations with reception, work areas, kitchenette, washroom, and storage.
Where is this office units located?
The property is located at 280 Stonegate Road Algonquin, IL.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: Three private offices plus an open bullpen and administrative area; Waiting room, kitchenette with sink, private washroom, and storage; Currently leased through 3/31/2026
More about this property
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