ClosedPrice Reduced

$599,000

$699,000
1452 Merchant Drive, Algonquin, IL 60102
159 days
1452 Merchant Drive·Algonquin, IL 60102
2006Year Built
About This Home

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

MLS# 11846394Listed July 30, 2023Commercial Sale
Property Details

Beds & Baths

Size & Structure

Year Built2006
Lot SizeCOMMON

Location

CountyMc Henry
TownshipAlgonquin
Zip Code60102

Financial

List Price$599,000
Original Price$699,000
Annual Taxes (2021)$27,000
Monthly Tax Est.$2,250
Parcel #1932353012
Interior Features

Flooring

Carpet

Cooling

Central AirZoned
Exterior & Lot

Construction

Brick

Roof

Composition

Foundation

Concrete Perimeter
Utilities & Parking

Electric

Other
Tax & Financial
Annual Taxes
$27,000
Tax Year 2021
Monthly Tax Est.
$2,250
per month
Price Reduced by $100,000
Original list price: $699,000
Property Location

1452 Merchant Drive, Algonquin, IL 60102Mc Henry County

$599,000
1452 Merchant Drive
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
159 days on market
COMMON
$27,000/yr taxes
Price reduced $100,000
$5,398
estimated monthly payment
Principal & Interest
$3,148/mo
Property Tax
$2,250/mo
$599,000
20% — $119,800
3%50%
6.875%
3%12%
Loan Amount
$479,200
Down Payment
$119,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
HomeSmart Realty Group
Agent: Joseph Labit
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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