Medical Premises

Algonquin, IL Medical Office Space for Sale

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Large Medical Office Condo
Updated: Jun 11
Large Medical Office Condo

1452 Merchant Drive, Algonquin, IL 60102

$999,000
Approximately 11,000 Sq. ft. medical office condominium unit
Located within the Briarwood Office Multiple Buildings Complex
Adjacent to several major specialty medical practices in the same complex
Built in 2006 with brick and concrete construction
Central Air cooling system with carpet, tile, wood, and vinyl flooring
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Divisible Medical Office Space
Updated: Jul 10
Divisible Medical Office Space

1452 Merchant Drive, Algonquin, IL 60102

Contact for pricing
Approximately 11,000‑square‑foot medical office building
Divisible space within the Briarwood Office Multiple Buildings Complex
Adjacent to several major specialty medical practices in the same complex
COMMR zoning
Built in 2006 with brick and concrete construction
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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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See hot listings in Algonquin

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
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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Office Building
Office Building

230 Stonegate Rd, Algonquin, IL 60102

$2,523,613

The building dates to 1998.

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Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 5 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 3 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.

NNN Medical Office Property
NNN Medical Office Property

1500 Carlemont Drive F, Crystal Lake, IL 60014

$485,000
3,500 sqft

Leased dental office with an NNN structure and renewal scheduled for 2027.

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Medical Office Space
Medical Office Space

10 N Virginia St, Crystal Lake, IL 60014

$1,249,000

The property dates to 1970 and is located in Crystal Lake, Illinois.

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Modern Medical Office Condo
Modern Medical Office Condo

912 W Northwest HWY Suite 101, Fox River Grove, IL 60021

Contact for pricing
5,200 sqft

First-floor medical office condo with tenant in place.

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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

Contact for pricing
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.

Commercial Land with Road Frontage
Commercial Land with Road Frontage

6850 Huntley Road, Carpentersville, IL 60110

$550,000
2.38 AC lot

Commercial parcel with existing curb-cut access near the Randall Road corridor and surrounding retail activity.

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Triangular Corner Commercial Land
Triangular Corner Commercial Land

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000
2.41 AC lot

Raw commercial parcel positioned near the Randall Road corridor and across from an elementary school.

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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

Estimated value: by Request
2,476 sqft
View details
1449 Merchant Dr
Medical Office Space

1449 Merchant Dr, Algonquin, IL 60102

Estimated value: by Request
1,339 sqft
View details
1449 Merchant Dr
Medical Office Space

1449 Merchant Dr, Algonquin, IL 60102

Estimated value: by Request
View details

Algonquin, IL Medical Office Space Market Trends and Statistics

Explore 9 medical office space for sale in Algonquin, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 15,433 square feet of properties for sale, with an estimated market value of $4,215,023.

Sale prices for medical spaces in Algonquin, IL start at $692,410, averaging $1,405,007, and reaching up to $2,523,613 — 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 11
Medical Office Space 7
Office buildings 6
Creative space 1

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 $1.1M

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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