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$258,500

  • For Sale
  • Active
  • Commercial
  • 1,860 Sq. Ft.
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Attention Investors: High end income producing medical condos available for sale and currently producing a cap rate of 10.25. These are arm chair investments with an owner's association responsible for all exterior maintenance, Common Area, Roof & Structure. Put your money to work, while you sleep.

Full Property Details for 1447 Merchant Dr

General

  • Price: $258,500
  • Taxes: $6,599 (2024)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 10420811
  • Updated: 12/1/2025
  • Added to Site: 2, 482 day(s) ago

Additional Information

  • Security/Safety: Smoke or Fire Protectors, Sprinklers (Wet)

Location

  • Area: Algonquin
  • County: McHenry
  • Township: Algonquin
  • Driving Directions: Randall Rd North to County Line East, to Merchant Dr
  • Location Details: Northwest Suburban

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Air

Structural Information

  • Stories/Levels: 1
  • Square Feet: 1,860
  • Current Bldg. Use: Medical/Dental
  • Year Built: 2004

Lot Features

  • Lot Dimensions: COMMON
  • Potential Use: Commercial, Office
  • Zoning: COMMR

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Security Deposit: Smoke or Fire Protectors, Sprinklers-Wet
  • Assessment Year: 2004
  • Tax Amount: $6,599.52
  • Tax Year: 2024
  • Tenant Pays: Varies by Tenant

Disclosures and Reports

  • Property ID: 1932352021

Listed by RVG Commercial Realty

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— 1447 Merchant Dr —

  • RVG Commercial Realty

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NMLS#: 1598647

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NMLS#: 1598647

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Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1447 Merchant Dr

School District:Community Unit School District 300
NameGradesDistance
Westfield Community School
2100 Sleepy Hollow Road, Algonquin, IL 60102
K-50.8 mi
Kenneth E Neubert Elementary School
1100 Huntington Drive, Algonquin, IL 60102
K-51.4 mi
Harry D Jacobs High School
2601 Bunker Hill Drive, Algonquin, IL 60102
9-120.9 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1447 Merchant Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/25/2025
Price Reduced
$258,500
-2.42%
MLS
6/17/2019
Listed
$264,900
-72.03%
MLS
10/24/2012
Sold
$947,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1447 Merchant Dr

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,600
-26%
$84,364
-21%
2023
$8,910
100%
$106,442
11%
2022
-100%
$96,067
7%
2021
$7,941
—
$89,498
4%
2021
$7,941
5%
$86,330
4%
2019
$7,587
6%
$82,628
15%
2017
$7,161
-10%
$71,909
-5%
2016
$7,996
1%
$76,033
7%
2015
$7,880
8%
$71,312
-7%
2018
$7,276
-6%
$76,331
12%
2014
$7,757
2%
$67,936
-4%
2013
$7,591
2%
$70,929
-6%
2012
$7,425
—
$75,609
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RVG Commercial Realty

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1447 Merchant Drive, Algonquin, IL 60102 (MLS# 10420811) is a Commercial property. 1447 Merchant Drive is currently listed for $258,500 and was received on June 17, 2019. Want to learn more about 1447 Merchant Drive? Do you have questions about finding other Commercial real estate for sale in Algonquin? You can browse all Algonquin real estate or contact a Coldwell Banker agent to request more information.

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