1447 Merchant Drive Algonquin, IL ^$ 258,500

1447 Merchant Drive

^$ 258,500

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1447 Merchant Drive

Algonquin, IL, 60102

^$ 258,500

Bedrooms-- Baths-- Sq 1,860

Monthly Estimate*

^$ 1,613

1447 Merchant Drive, Algonquin, IL 60102 - Image 1

1447 Merchant Drive, Algonquin, IL 60102 - Image 2

1447 Merchant Drive, Algonquin, IL 60102 - Image 3

1447 Merchant Drive, Algonquin, IL 60102 - Image 4

1447 Merchant Drive, Algonquin, IL 60102 - Image 5

1447 Merchant Drive, Algonquin, IL 60102 - Image 6

Commercial Property for sale in Algonquin, IL

for $258,500. This 1,860 square foot building was built in 2004.

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.

Commercial Active

Price

^$ 258,500

Property Type

Commercial

Taxes

^$ 6,599

Style

Medical/Dental

Year Built

2004

Town/City

Algonquin

County/Region

McHenry

MLS | Web ID

10420811

Features

General

Cooling Central Air

Possession Closing

Zoning COMMR

Year Built 2004

Electric Circuit Breakers

Tenant Pays Varies by Tenant

Stories Count 1

Township Algonquin

Tax Year 2024

Current Use Medical/Dental

Gross Income 0

County McHenry

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Possible Use Commercial Office

Status Active

Directions Randall Rd North to County Line East to Merchant Dr

City Algonquin

Number Of Units Total 1

MLS Area Algonquin

Lot Size Square Feet 0

Tax Annual Amount 6599.52

Additional Parcels Y/N N

Leasable Area 1860

Standard Status Active

Exterior

Building Area Total 1860

Lot Dimensions COMMON

* Excluded Features

List By

Rvg Commercial Realty

Broker

mcarpenter@rvgcommercial.com

Affordability Calculator

$2,163

Per Month

Monthly Principal & Interest: $1,613
Monthly Property Taxes: $550
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$587,291

Percent of Sale Price 127%

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
11/25/2025	$258,500	-2.42%	Price Down
6/18/2019	$264,900		Listed Price

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1447 Merchant Drive, Algonquin, IL, 60102 is a Commercial Property for sale at $258,500 with 1,860 sqft. 1447 Merchant Drive 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 6.375% 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 12/8/2025.

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1447 Merchant Drive

Commercial Property for sale in Algonquin, IL

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