Medical Premises

Algonquin, IL Medical Office Space for Sale

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Medical Office Condo Unit
Updated: Jun 11
Medical Office Condo Unit

1452 Merchant Drive, Algonquin, IL 60102

$1,000,000
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
Construction materials include brick and concrete
Roof is composition shingles
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Divisible Medical Office Center
Updated: Jul 10
Divisible Medical Office Center

1452 Merchant Drive, Algonquin, IL 60102

Contact for pricing
Approximately 11,000 SF professional medical office building in the Briarwood Office Multiple Buildings Complex
Built in 2006 with brick and concrete construction
Central air conditioning
Composition roof
Divisible space for multiple professional uses
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 2 Active listings in Algonquin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 4 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Ground-Floor Office Condo Suite
Ground-Floor Office Condo Suite

2000 Larkin Avenue, Elgin, IL 60123

$150,000

Ground-floor office suite with natural light and 11 rooms, currently set up as dental and general office space.

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Turn-Key Medical Office Suite
Turn-Key Medical Office Suite

912 Northwest Highway, Fox River Grove, IL 60021

$224,900
2.65 AC lot

Second-floor suite with reception, multiple exam rooms, treatment area, and physician office ready for immediate occupancy.

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Ground-Floor Dental Office Suite
Ground-Floor Dental Office Suite

2000 Larkin Avenue #103, Elgin, IL 60123

$50,000

Ground-floor suite with five rooms, a storage room, and existing dental office use within a condominium association.

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Medical Office Suite For Sale
Medical Office Suite For Sale

912 W Northwest Hwy Suite-204, Fox River Grove, IL 60021

$372,000
1,425 sqft

New medical office suite in growing residential and commercial area.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Corner Development Site For Sale
Corner Development Site For Sale

IL - 62 Algonquin Rd., Barrington Hills, IL 60010

Contact for pricing

Prime corner development site with high traffic counts.

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Prime Land in Randall Road
Prime Land in Randall Road

6850 Huntley Road, Carpentersville, IL 60110

$550,000
2.38 AC lot

2.38 acres in Carpentersville's Randall Road Commercial District.

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Prime Corner Lot in Carpentersville
Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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Westmont Commercial Land For Sale
Westmont Commercial Land For Sale

3920 N CASS Avenue, Westmont, IL 60559

$399,500
0.17 AC lot

Vacant lot suitable for commercial or residential development.

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Off-Market Properties in Algonquin, IL

Consider similar Off-Market properties in Algonquin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

265 Stonegate Rd
Medical Office Space

265 Stonegate Rd, Algonquin, IL 60102

Value Estimation by Request
2,476 sqft
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1449 Merchant Dr
Medical Office Space

1449 Merchant Dr, Algonquin, IL 60102

Value Estimation by Request
1,339 sqft
View details
1447 Merchant Dr
Medical Office Space

1447 Merchant Dr, Algonquin, IL 60102

Value Estimation by Request
1,860 sqft
View details
1449 Merchant Dr
Medical Office Space

1449 Merchant Dr, Algonquin, IL 60102

Value Estimation by Request
View details

Algonquin, IL Medical Office Space Market Trends and Statistics

Explore 6 medical office space for sale in Algonquin, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,000,000.

Sale prices for medical spaces in Algonquin, IL start at $0.00, averaging $500,000, and reaching up to $1,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Office Units 12
Medical Office Space 7
Office buildings 3

Demographics Overview

Population 61K
Population Growth (5Y) -0.7%
Median Household Income $121,192
College Educated 52.6%

High-Yield Neighborhoods for Investment

Identify Algonquin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60102 $422.7K

Taxes & Financing

Tax Rate (average for all types) 8.90%
Property Tax per SF $80.23 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McHenry County

New Delisted

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