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Property profile & analytics
OFF-MARKET
Office Spaces

1449 Merchant Dr Algonquin, IL 60102

1,339 SF Built 2004
Property ID
Property summary
AI-generated overview

This exceptional 1,339 square foot turn-key medical testing center is available for lease in the desirable Briarwood Office Center in Algonquin, Illinois. Situated just off County Line Road, this property enjoys a highly convenient location across from Algonquin Commons, providing excellent visibility and accessibility. The strategic placement offers significant advantages for medical professionals, boasting proximity to major healthcare providers. Specifically, it's within a 5.3 to 12.0-mile radius of three hospitals and six medical clinics, serving as a crucial service area for Advocate Sherman and Centegra Healthcare. This prime location within McHenry County, a region with over 300,000 residents, ensures a substantial and readily accessible patient base. The office space is ready for immediate occupancy, eliminating the need for extensive renovations or setup. This presents a unique opportunity for a medical practice or testing facility seeking a well-established and highly visible location within a thriving healthcare market. The property is offered at $258,427. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
Year built 2004
Total area 1,339 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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