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- LoopNet Team
1446-1452 Merchant Dr
Algonquin, IL 60102
Office Property For Sale
Executive Summary
HUGE PRICE REDUCTION! LISTED WELL BELOW MARKET VALUE! 11,085 sqft professional office building built in 2006 and renovated in 2021. Currently built-out for a large 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 dividing the space into 3- 4 separate suites as small as 2500 sqft. The building is currently for sale at $599,000 or lease at $15 PSF Gross. 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.
Property Facts
| Property Type | Office | No. Stories | 1 |
| Property Subtype | Medical | Year Built | 2006 |
| Building Class | B | Tenancy | Single |
| Lot Size | 1.63 AC | APN / Parcel ID | 19-32-353-004 |
| Rentable Building Area | 11,085 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Lot Size | 1.63 AC |
| Rentable Building Area | 11,085 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Tenancy | Single |
| APN / Parcel ID | 19-32-353-004 |
Amenities
- Central Heating
- Air Conditioning
