1447 Merchant Dr, Algonquin, IL 60102

Building Details

Year Built

2004

Listing agent Mike Carpenter License #IL 471.009955

Listing office RVG Commercial Real Estate

Listing date Apr 3, 2020

Source Crexi

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Overview

Available for sale are high-end, income-producing medical condos, currently generating a 10.25% return. The property spans 1860 square feet. An owner's association manages all exterior maintenance, common areas, the roof, and the structure.

Suggested Use

Restaurant Law Firm Real Estate Agency Building Supply Big Box & Wholesale Store Auto Repair Shop Spa & Massage Center Dental Office Hair Salon Auto Parts Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

• Petco Vaccination Clinic — 702 S Randall Rd, Algonquin, IL 60102
• Kelly Phillips — 1808 S Randall Rd, Algonquin, IL 601025925

Location Insight

• Map
• Local Demand

City

Algonquin

County

McHenry

State

Illinois

Longitude

-88.3219

Latitude

42.1714

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FAQs

What type of property is this?

Medical Office Space - High-end medical condos producing 10.25% return.

Where is this medical office space located?

The property is located at 1447 Merchant Dr Algonquin, IL.

What is the asking price?

The asking price for this property is $258,500.

What are key features of this property?

This property features: High‑end medical condos producing a 10.25% return.; Armchair investment requiring minimal owner involvement.; Owner's association handles all exterior maintenance.