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Algonquin, IL Medical Office Space for Sale

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Medical Condos For Sale
$258,500
1,860 SF

Medical Condos For Sale

1447 Merchant Drive, Algonquin, IL 60102

High-end, income-producing medical condos with 10.25 cap rate.

  • High cap rate of 10.25% indicates strong income potential.
  • Armchair investment: Owner's association handles exterior maintenance, common areas, roof, and structure.
  • Income‑producing medical condos offer immediate returns.
  • Condos are located in a medical setting, potentially ensuring stable tenant demand.
  • Built in 2004, suggesting relatively modern construction.
Updated: Mar 12
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Turn-Key Medical Testing Center
$173,900
1,339 SF

Turn-Key Medical Testing Center

1449 Merchant Dr, Algonquin, IL 60102

Medical testing center for sale in Briarwood Office Center.

  • Turn‑key medical testing center ready for immediate operation.
  • Strategic location near Advocate Sherman and Centegra Healthcare hospitals and other medical clinics.
  • High‑traffic location in Briarwood Office Center, across from Algonquin Commons.
  • Located in McHenry County, serving a large population.
  • Proximity to multiple hospitals and medical clinics.
Updated: Feb 14, 2024
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Medical Condos For Sale
$258,500
1,860 SF

Medical Condos For Sale

High-end medical condos producing 10.25% return.

1447 Merchant Dr, Algonquin, IL 60102
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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 3 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.

Explore Opportunities in Nearby Cities

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

Elgin Commercial Building For Sale
$349,900
0.26 Acres

Elgin Commercial Building For Sale

Single-story office building on a prime corner lot in Elgin.

530 N Mclean Boulevard, Elgin, IL 60123
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Modernized Office/Medical Building on Route 58
$898,000
0.59 Acres

Modernized Office/Medical Building on Route 58

Fully renovated office building with high visibility and flexible layouts.

1 AMERICAN Way, Elgin, IL 60120
View details
Modern Medical Office Condo
$760,000
5,200 SF

Modern Medical Office Condo

First-floor medical office condo with tenant in place.

912 W Northwest HWY Suite 101, Fox River Grove, IL 60021
View details
Medical Office Suite For Sale
$372,000
1,425 SF

Medical Office Suite For Sale

New medical office suite in growing residential and commercial area.

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

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.

Prime Land in Randall Road
$550,000
2.38 Acres

Prime Land in Randall Road

2.38 acres in Carpentersville's Randall Road Commercial District.

6850 Huntley Road, Carpentersville, IL 60110
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Prime Corner Lot in Carpentersville
$550,000
2.41 Acres

Prime Corner Lot in Carpentersville

2.41 acre corner lot near Randall Road corridor.

Huntley Road lot: 009, Carpentersville, IL 60110
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Westmont Commercial Land For Sale
$399,500
0.17 Acres

Westmont Commercial Land For Sale

Vacant lot suitable for commercial or residential development.

3920 N CASS Avenue, Westmont, IL 60559
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Commercial Lot on Eola Road
$475,000
1.06 Acres

Commercial Lot on Eola Road

Commercial lot with frontage on Eola Road in Aurora, IL.

2234 S Eola Road, Aurora, IL 60503
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Explore 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

265 Stonegate Rd

Medical Office Space • 2,476 SF
Value Estimation by Request
265 Stonegate Rd, Algonquin, IL 60102
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1449 Merchant Dr

1449 Merchant Dr

Medical Office Space • 1,339 SF
Value Estimation by Request
1449 Merchant Dr, Algonquin, IL 60102
View details
1447 Merchant Dr

1447 Merchant Dr

Medical Office Space • 1,860 SF
Value Estimation by Request
1447 Merchant Dr, Algonquin, IL 60102
View details
1449 Merchant Dr

1449 Merchant Dr

Medical Office Space
Value Estimation by Request
1449 Merchant Dr, Algonquin, IL 60102
View details

Algonquin, IL Medical Office Space Investment Opportunities Market Analysis

Explore 7 medical office space for sale in Algonquin, IL, showcased through 3 active listings 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 $258,500.

Sale prices for medical spaces in Algonquin, IL start at $0.00, averaging $36,928, and reaching up to $258,500 — 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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