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1485 Commerce Drive, Algonquin, IL 60102
$394,900
1485 Commerce Drive, Algonquin, IL 60102View this property at 1485 Commerce Drive, Algonquin, IL 60102
1485 Commerce DriveAlgonquinIL60102
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Property Description
PRICE REDUCED: 2,700 SF high end office condo for $394,900. Currently used as a law office, the end-cap space features a reception area, an admin. cubicle area, 5 offices, a conference room, a break room with kitchen, 2 ADA bathrooms, and mechanical closet. Lots of natural light with windows in 3 of the private offices and the conference room. This location is premium within the Briarwood Office Center---right off Randall Rd. and nearby the Algonquin Commons and lots of other commercial activity. Association dues are $684.87/month. Owner would consider leasing out individual offices short term. SBA financing available with 10% down.
Full Property Details
Full Property Details for 1485 Commerce Dr
General
- Price: $394,900
- Taxes: $12,110 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12018416
- Updated: 4/8/2024
- Added to Site: 29 day(s) ago
Interior
- Interior Features: Private Restroom(s)
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 6 to 12 Spaces, Common Parking, Lighted, Open, Paved, Private Lot
Location
- Area: Algonquin
- County: McHenry
- Township: Algonquin
- Driving Directions: Randall Rd S of Algonquin Rd to County Line Rd East to Commerce Dr N to property on the right
- Location Details: Northwest Suburban, Office Park
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,700
- Year Built: 2007
Lot Features
- Lot Dimensions: COMMON
- Frontage: City Street
- Potential Use: Condominium, Office and Research
- Zoning: OFFIC
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 2007
- Tax Amount: $12,110.4
- Tax Year: 2022
Disclosures and Reports
- Documents Avail.: Covenants/Restrictions, Legal-Description, Floor Plan
- Property ID: 1932353009
Listed by Premier Commercial Realty
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Schools
Schools serving 1485 Commerce 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 | 1.6 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 1485 Commerce Dr
Date
Details
Price
Change
Source
4/01/2024
Listed
$394,900
10.46%
MLS
9/01/2006
Sold
$357,500
—
Public Record
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
Tax History for 1485 Commerce Dr
Year
Property Taxes
Change
Tax Assessment
Change
2022
-100%
$141,215
7%
2021
$11,674
—
$131,558
-9%
2021
$11,674
-9%
$145,322
4%
2019
$12,772
6%
$139,091
15%
2017
$12,054
1%
$121,047
7%
2016
$11,939
-3%
$113,531
-12%
2018
$12,247
4%
$128,491
21%
2015
$11,767
-3%
$106,482
—
2014
$12,134
2%
$106,273
-4%
2013
$11,874
2%
$110,955
-6%
2012
$11,615
—
$118,276
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1485 Commerce Dr
1485 Commerce Drive, Algonquin, IL 60102 (MLS# 12018416) is a Commercial property. 1485 Commerce Drive is currently listed for $394,900 and was received on April 01, 2024. Want to learn more about 1485 Commerce 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.