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Listing provided courtesy of RVG Commercial RealtyMREDas Distributed by MLSGrid- MLS# 12378469MLS Provider

1455 Merchant DriveAlgonquin, IL 60102

Commercial · 1,573 Sq. ft.
$199,900 Active

1455 Merchant Drive Overview

Time on Site:
396 days
Visits:
10

High end medical condos available for sale and lease. An owner's association responsible for all exterior maintenance, Common Area, Roof & Structure. p.

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1455 Merchant Drive Facts & Features

  • Type Commercial
  • Sq. ft. 1,573
  • Price/Sq.ft. $127

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Net Operating Income: 0
  • Operating Expense: 0

Building Information

  • Year Built: 2004

Business Information

  • Current Use: Medical/Dental

Location/Region

  • County Or Parish: McHenry
  • MLS Area Major: Algonquin
  • Township: Algonquin

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $8,482.90
  • Tax Year: 2023

General Information

  • Parcel Number: 1932352013
  • Possible Use: Commercial,Office
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 1573

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 1573
  • Stories: 1

Unit Information

  • Unit SqFt.: 1573

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: COMMON
  • Lot Size Square Feet: 0

General Information

  • Number Of Units Total: 1

1455 Merchant Drive Neighborhood

Community

60102 (Algonquin) Demographics

43
Median Age
2,202
Population Density (per sq. mile)
52%
College Educated
$109,964
Estimated Median Income
10,207
Estimated Total Home Owners
1,632
Estimated Total Renters
86% / 14%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1455 Merchant Drive Monthly Cost

$
$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1455 Merchant Drive Market Data

Based on the last 30 days in this zip code

$508,520
Average List Price
$207
Average Price per Square Foot
44
Properties Sold
52
Average Days on Market
131
Properties for Sale
Calculations provided by Reliance Network

1455 Merchant Drive History

Date Event Value Agent
11/30/2025Source: MRED Status Change
Active
11/25/2025Source: MRED Price Reduction
$199,900 -27.5%
11/25/2025Source: MRED Status Change
Price Change
8/2/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Status Change
Re-activated
6/27/2025Source: MRED Status Change
Pending
6/3/2025Source: MRED Status Change
Active
5/29/2025Source: MRED Added to Database
May 29, 2025