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    1447 Merchant Dr Algonquin, IL 60102

    • Office Properties & Spaces
    • 1,860 SF
    For Sale
    View listing
    $264,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 1447 Merchant Dr

    Year built
    2004
    Property size
    1,860 SF
    Property type
    Office Properties & Spaces

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Algonquin
    County
    McHenry
    State
    Illinois
    Longitude
    -88.3313
    Latitude
    42.1556

    Comparable in this City

    • Value Estimation by Request
      2,476 SF

      265 Stonegate Rd

      Medical offices • 2,476 SF
      265 Stonegate Rd, Algonquin, IL 60102
      View Details
    • Value Estimation by Request
      1,860 SF

      1447 Merchant Dr

      Medical offices • 1,860 SF
      1447 Merchant Dr, Algonquin, IL 60102
      View Details
    • Value Estimation by Request

      275 Stonegate Rd

      Office space
      275 Stonegate Rd, Algonquin, IL 60102
      View Details
    • Value Estimation by Request

      1449 Merchant Dr

      Medical offices
      1449 Merchant Dr, Algonquin, IL 60102
      View Details
    • Value Estimation by Request

      2390 Esplanade Dr

      Office space
      2390 Esplanade Dr, Algonquin, IL 60102
      View Details
    • Value Estimation by Request
      1,339 SF

      1449 Merchant Dr

      Medical offices • 1,339 SF
      1449 Merchant Dr, Algonquin, IL 60102
      View Details

    Similar Nearby for Sale

    • $258,427
      1,339 SF

      Algonquin Medical Office Building

      Turn-key medical office, excellent location.
      1449 Merchant Dr, Algonquin, IL 60102
      View Details
    • $264,900
      1,860 SF

      1447 Merchant Drive - Algonquin

      Medical offices • 1,860 SF
      1447 Merchant Dr, Algonquin, IL 60102
      View Details
    • $258,427
      1,339 SF

      Algonquin Medical Office Space For Lease

      Turn-key medical office, prime Algonquin location.
      1449 Merchant Dr, Algonquin, IL 60102
      View Details
    • $264,900
      1,860 SF

      1447 Merchant Dr, Algonquin, IL 60102

      Office Properties & Spaces • 1,860 SF
      1447 Merchant Dr, Algonquin, IL 60102
      View Details
    • $750,000
      2,645 SF

      Vintage Retail Space in Algonquin

      Charming 1893 Painted Lady with updated systems and flexible space.
      302 S Main St, Algonquin, IL 60102
      View Details
    • New
      $160,000
      1,001 SF

      Algonquin Office Condo For Sale

      Professional office condo with existing lease in Algonquin, Illinois.
      280 Stonegate Rd, Algonquin, IL 60102
      View Details

    Similar Nearby for Lease

    • $59 SF/Yr

      Furnished Office Space in Algonquin

      Furnished office in prime location with utilities included.
      2390 Esplanade Dr, Algonquin, IL 60102
      View Details
    • $59 SF/Yr
      300 SF

      Algonquin Office Suites Available

      Upscale office space, flexible sizes, prime location.
      2390 Esplanade Dr, Algonquin, IL 60102
      View Details
    • $28 SF/Yr

      Algonquin Office Suite Available

      Well-maintained office building with newer flooring, paint, and furniture.
      265 Stonegate Rd, Algonquin, IL 60102
      View Details
    • $10 SF/Yr
      10,890 SF

      Algonquin Office Space Available

      Second floor office with private offices and bathroom for rent.
      329 Jefferson St, Algonquin, IL 60102
      View Details
    • $39 SF/Yr

      Upscale Office Space in Algonquin

      Professional office space available in a prime Algonquin location.
      2390 Esplanade Dr, Algonquin, IL 60102
      View Details
    • $18 SF/Yr
      10,221 SF

      Main Street Algonquin Retail Space

      Prime Retail & Office, Algonquin, IL
      1 Main St, Algonquin, IL 60102
      View Details
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    1447 Merchant Dr
    Algonquin, IL 60102
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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