$230,000
$258,500
11.0%For more information regarding the value of a property, please contact us for a free consultation.
1447 Merchant DR Algonquin, IL 60102
1,860 SqFt
Key Details
Sold Price $230,000
Property Type Commercial
Sub Type Office/Tech
Listing Status Sold
Purchase Type For Sale
Square Footage 1,860 sqft
Price per Sqft $123
MLS Listing ID 10420811
Sold Date 05/26/26
Year Built 2004
Annual Tax Amount $6,599
Tax Year 2024
Lot Dimensions COMMON
Property Sub-Type Office/Tech
Property Description
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.
Location
State IL
County Mchenry
Area Algonquin
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Michael Carpenter of RVG Commercial Realty
NEARBY SCHOOLS & BUSINESSES
