265 Stonegate Road Algonquin, IL ^$ 440,000

265 Stonegate Road

^$ 440,000

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265 Stonegate Road

Algonquin, IL, 60102

^$ 440,000

Studio Baths0.0 Sq 2,476

Monthly Estimate*

^$ 3,074

265 Stonegate Road, Algonquin, IL 60102 - Image 1

265 Stonegate Road, Algonquin, IL 60102 - Image 2

265 Stonegate Road, Algonquin, IL 60102 - Image 3

265 Stonegate Road, Algonquin, IL 60102 - Image 4

265 Stonegate Road, Algonquin, IL 60102 - Image 5

265 Stonegate Road, Algonquin, IL 60102 - Image 6

265 Stonegate Road, Algonquin, IL 60102 - Image 7

265 Stonegate Road, Algonquin, IL 60102 - Image 8

265 Stonegate Road, Algonquin, IL 60102 - Image 9

265 Stonegate Road, Algonquin, IL 60102 - Image 10

265 Stonegate Road, Algonquin, IL 60102 - Image 11

265 Stonegate Road, Algonquin, IL 60102 - Image 12

Studio Commercial Property for sale in Algonquin, IL for $440,000. This 2,476 square foot building was built in 2004 on a lot size of 1.3.

Beautiful office condo located in the Randall Road corridor. The secure office condo consists of 8 office rentals (all are currently leased at gross rents), a common conference room, men and women restrooms, kitchen area and waiting area. The condo has recently been remodeled including, flooring in the offices and in the common areas, fresh paint, and new conference room furniture. The roof was done in 2019 and the driveway was sealed in 2020. This office condo is located one block from Randall Rd and is adjacent to the Algonquin Jewel Shopping Center and across from Lifetime Fitness.

Commercial Active

Price

^$ 440,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,502

Style

Commercial,Office

Lot Size

1.3

Year Built

2004

Town/City

Algonquin

County/Region

MC HENRY

MLS | Web ID

11815602

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Construction Materials Brick

Year Built 2004

Electric Circuit Breakers

Tenant Pays Janitorial Service

Stories 1

Township Algonquin

Property SubType Condominium

Tax Year 2022

Current Use Commercial Office

Gross Income 50520

County Mc Henry

Net Operating Income 29400

Operating Expense 20800

Property Type Commercial Sale Office/Tech

Possible Use Commercial Office and Research

Status Active

Directions Randall Rd. S of Algonquin Rd. to Stonegate Rd. E to 265 Stonegate (across from Lifetime fitness side entrance.)

City Algonquin

Total Units 8

MLS Area Algonquin

Lot Size Square Feet 55900

Street Name Stonegate

Tax Annual Amount 11502

Additional Parcels Y/N N

Leasable Area 0

Days on Market 12

Standard Status Active

Interior

Flooring Carpet Tile

Street Suffix Road

Exterior

Foundation Details Concrete Perimeter

Building Area Total 2476

Lot Dimensions 275 X 259 X 85 X 92 X 33 X 203

Lot Size Acres 1.3

Frontage Type City Street Public Road

Exterior Brick

* Excluded Features

List By

Perillo Real Estate Group

Broker

rich@perillorealestategroup.com

Affordability Calculator

$4,032

Per Month

Monthly Principal & Interest: $3,074
Monthly Property Taxes: $959
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Algonquin, IL

Average List Price ^$303,680

Percent of Sale Price 31%

About Algonquin, IL

30,142 Population

27% Since 2002

^$96,413 Median Income

40.37 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/23/2023	$440,000		Listed Price

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265 Stonegate Road, Algonquin, IL, 60102 is a Commercial Property for sale at $440,000 with 2,476 sqft and a lot size of 1.3. 265 Stonegate Road is a studio with 0.0 baths and was built in 2004. The property's zip code is 60102 which is in Algonquin, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/3/2024.

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