Medical Space

Algonquin, IL Medical Office Space for Lease

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Medical Office Condo Available
Updated: Mar 26
Medical Office Condo Available

1474 Merchant Dr, Algonquin, IL 60102

$15 SF/Yr
Turn‑key opportunity for a plastic surgeon or other medical uses.
Fully built‑out medical office space.
Available in 3rd Quarter 2024.
Located in Algonquin, IL.
Conveniently located off County Line Road.
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Medical Office Condo Available
Updated: Mar 19, 2025
Medical Office Condo Available

1474-1494 Merchant Dr, Algonquin, IL

Contact for pricing
6,581 sqft 1.63 AC lot
Pristine medical office condo - a turn‑key opportunity for a plastic surgeon or other medical uses.
Conveniently located off County Line Road.
Located just east of Randall Road.
Located in Algonquin, IL.
Available in 3rd Quarter 2024.
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Algonquin, IL, we suggest exploring alternatives. Consider Similar 4 Spaces in Nearby Cities, and Similar 5 Properties for Sales.

Medical Office Space for Lease in Nearby Cities

Here are 4 Similar Spaces we found in Nearby Locations for your consideration.

Medical/Professional Office Space Available
Medical/Professional Office Space Available

333 Commerce Dr. Suite 600, Crystal Lake, IL 60014

$2,180/Mo
1,610 sqft

1,610 SF office suite for medical or professional use.

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Medical Office Space For Rent
Medical Office Space For Rent

1750 N Randall Rd., Elgin, IL 60123

$18 SF/Yr
30,000 sqft

Modern medical building near Advocate Sherman and Amita Health hospitals.

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Two-Story Medical Office Building
Two-Story Medical Office Building

1750 N Randall Rd, Elgin, IL 60123

Contact for pricing
1,114 sqft

Modern two-story professional medical building located at I-90 and N Randall Roads, directly across from Advocate Sherman Hospital.

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Available Office Spaces For Lease
Available Office Spaces For Lease

490 NW COVENTRY Lane #201, Crystal Lake, IL 60014

$12 SF/Yr
3,100 sqft

Office spaces for lease with 24-hour access and ample parking.

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Similar Spaces for Sale in Algonquin, IL

Consider Similar Space for Sale. We found 5 Spaces matching your search parameters.

Medical Office Building with Physical Therapy Tenant
Medical Office Building with Physical Therapy Tenant

1140 E Algonquin Rd, Algonquin, IL 60102

$692,410
4,433 sqft

Fully occupied facility with built-in annual rental increases and a long-standing operator.

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Divisible Medical Office Center
Divisible Medical Office Center

1452 Merchant Dr, Algonquin, IL 60102

Contact for pricing
11,000 sqft

Professional office space within a multi-building complex near major roads and interstates, adjacent to specialty medical practices.

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Large Medical Office Condo
Large Medical Office Condo

1452 Merchant Drive, Algonquin, IL 60102

$1,000,000

Medical office condominium in a professional complex with central air and varied interior finishes.

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Office Building
Office Building

230 Stonegate Rd, Algonquin, IL 60102

$2,523,613

The building dates to 1998.

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Divisible Medical Office Space
Divisible Medical Office Space

1452 Merchant Drive, Algonquin, IL 60102

Contact for pricing

Professional office center with adaptable space, central air, and proximity to major roads and interstates.

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Algonquin, IL Medical Office Space Lease Rates & Market Statistics

Browse 2 Medical Office Space listings for lease in Algonquin, IL on Realmo, a commercial real estate marketplace serving the Algonquin area. The current inventory totals 6,581 square feet of properties.

Asking lease rates for Medical Office Space in Algonquin start at $15 SF/Yr, average $15 SF/Yr, and reach $15 SF/Yr at the top of the market. Pricing across the market is relatively uniform, which simplifies like-for-like comparison between listings. At $15 SF/Yr, the local average runs 33% below Illinois's state average of $22.36 SF/Yr.

Algonquin accounts for 13% of the 15 medical office space listings currently available across McHenry County, where nearby markets include Crystal Lake and Mchenry. Medical Office Space is one of the more limited space types in Algonquin, with just 2 listings currently available — a scarcity worth factoring into lease negotiations. Tenants comparing options may also consider Office Units (5 listings) elsewhere in the Algonquin market.

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