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1445-1457 Merchant Dr - Bldg B

1,339 - 1,860 SF Office Condo Units Offered at $363,452 - $388,026 CAD Per Unit in Algonquin, IL 60102

Executive Summary

Turn-key medical testing center now available for lease, located in the Briarwood Office center just off of County Line Road in Algonquin (across from Algonquin Commons). Strategically located within 5.3 to 12.0 miles of 3 hospitals and 6 medical clinics. This is a major service area for Advocate Sherman and Centegra Healthcare. McHenry County is home to more than 300,000 residents.

Property Facts

Price $363,452 - $388,026 CAD
Unit Size 1,339 - 1,860 SF
No. Units 3
Total Building Size 21,550 SF
Property Type Office
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 21,550 SF
Year Built 2005
Lot Size 4.49 AC
Parking Ratio 3.71/1,000 SF

3 Units Available

Unit 1447

Unit Size 1,860 SF
Price $372,555 CAD
Price Per SF $200.30 CAD
Condo Use Office
Sale Type Investment
Cap Rate 10.00%
NOI $37,255.54 CAD

Unit 1449

Unit Size 1,339 SF
Price $363,452 CAD
Price Per SF $271.44 CAD
Condo Use Office
Sale Type Investment

Unit 1455

Unit Size 1,573 SF
Price $388,026 CAD
Price Per SF $246.68 CAD
Condo Use Office
Sale Type Investment

zoning

Zoning Code B2- PUD, Algonquin
B2- PUD, Algonquin
  • Listing ID: 16391548

  • Date on Market: 2019-06-19

  • Last Updated:

  • Address: 1445-1457 Merchant Dr, Algonquin, IL 60102

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