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1452 Merchant Drive, Algonquin, IL 60102
$585,000
1452 Merchant Drive, Algonquin, IL 60102View this property at 1452 Merchant Drive, Algonquin, IL 60102
1452 Merchant DriveAlgonquinIL60102
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Property Description
11,085 sqft Office building built in 2006 and renovated in 2021. For sale at $599,000 or rent at $15 PSF Gross. Currently built-out for a dental or medical office with 11 exam rooms spacious reception area and several office/workspace areas. There are multiple building entrances and 6 bathrooms that will easily accommodate subdividing the space into 3- 4 separate suites as small as 2500 sqft. Just 1 block from Randall rd makes it easy to access nearly 150,000 people within a 5 mile radius that spend around $225,000,000 on healthcare, education and daycare and have a household income of $117,361 per year. Major retailers in the area consist of Walmart Supercenter, Binny's Beverage Depot, Trader Joe's, Target, Dunkin', HomeGoods, Ashley HomeStore, DICK's Sporting Goods, Ross Dress for Less, DSW, Old Navy, and Barnes & Noble, Hobby Lobby and many more. Broker is part owner
Full Property Details
Full Property Details for 1452 Merchant Dr
General
- Sold For: $585,000
- Taxes: $27,000 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11846394
- Added to Site: 279 day(s) ago
Interior
- Interior Features: Skylight(s), Pre-Wired PC Network
- Flooring: Carpet
Location
- Area: Algonquin
- County: Mc Henry
- Driving Directions: Randall Rd to County Line, east to Merchant, north to 1452
- Location Details: North Suburban, Chicago Northwest, Commercial Business Park
Heating & Cooling
- Cooling Type: Central Air Conditioning, Zoned
- Heating Type: Central Heat/Individual Controls, Forced Air
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Sub-Flooring: Carpet
- Stories/Levels: 1
- Square Feet: 11,085
- Year Built: 2006
Unit Information
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Sq. Ft.): 11,085
- Lot Dimensions: COMMON
- Potential Use: Commercial, Office and Research, Retail, Single Room Occupancy
- Zoning: COMMR
Financial Considerations
- Lease Price: $15
- For Sale/Rent/Lease: For Sale or Rent
- Assessment Year: 2006
- Tax Amount: $27,000
- Tax Year: 2021
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 1932353012
Listed and Sold by HomeSmart Realty Group
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Schools
Schools serving 1452 Merchant Dr
School District:Community Unit School District 300
Rating | Name | Grades | Distance |
---|---|---|---|
2100 Sleepy Hollow Rd, Algonquin, IL 60102 | K-8 | 0.9 mi | |
1100 Huntington Dr, Algonquin, IL 60102 | K-5 | 1.5 mi | |
2601 Bunker Hill Dr, Algonquin, IL 60102 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1452 Merchant Dr
Date
Details
Price
Change
Source
1/24/2024
Sold
$585,000
-2.34%
MLS
11/04/2023
Price Reduced
$599,000
-14.31%
MLS
7/30/2023
Listed
$699,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1452 Merchant Drive, Algonquin, IL 60102 (MLS# 11846394) is a Commercial property that was sold at $585,000 on January 24, 2024. Want to learn more about 1452 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.