1485 Commerce Drive Algonquin, IL ^$ 394,900

1485 Commerce Drive

^$ 394,900

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1485 Commerce Drive

Algonquin, IL, 60102

^$ 394,900

Studio Baths0.0 Sq 2,700

Monthly Estimate*

^$ 2,625

1485 Commerce Drive, Algonquin, IL 60102 - Image 1

1485 Commerce Drive, Algonquin, IL 60102 - Image 2

1485 Commerce Drive, Algonquin, IL 60102 - Image 3

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1485 Commerce Drive, Algonquin, IL 60102 - Image 8

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1485 Commerce Drive, Algonquin, IL 60102 - Image 12

Studio

Commercial Property for sale in Algonquin, IL

for $394,900. This 2,700 square foot building was built in 2007.

PRICE REDUCED: 2,700 SF high end office condo for $394,900. Currently used as a law office, the end-cap space features a reception area, an admin. cubicle area, 5 offices, a conference room, a break room with kitchen, 2 ADA bathrooms, and mechanical closet. Lots of natural light with windows in 3 of the private offices and the conference room. This location is premium within the Briarwood Office Center---right off Randall Rd. and nearby the Algonquin Commons and lots of other commercial activity. Association dues are $724.35/month. Owner would consider leasing out individual offices short term. SBA financing available with 10% down.

Commercial Active

Price

^$ 394,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 11,018

Style

Year Built

2007

Town/City

Algonquin

County/Region

McHenry

MLS | Web ID

12018416

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal

Possession Closing Negotiable

Roof Composition

Zoning OFFIC

Construction Materials Brick

Year Built 2007

Electric Service - 101 to 200 Amps

Tenant Pays Other

Stories 1

Township Algonquin

Property SubType Condominium Office

Tax Year 2023

Gross Income 0

County McHenry

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Office/Tech

Possible Use Condominium Office and Research

Status Active

Directions Randall Rd S of Algonquin Rd to County Line Rd East to Commerce Dr N to property on the right

City Algonquin

MLS Area Algonquin

Lot Size Square Feet 0

Street Name Commerce

Tax Annual Amount 11018.1

Additional Parcels Y/N N

Leasable Area 2700

Days on Market 43

Standard Status Active

Exterior

Foundation Details Concrete Perimeter

Building Area Total 2700

Lot Dimensions COMMON

Lot Size Acres 0

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Drive

* Excluded Features

List By

Premier Commercial Realty

Broker

brucek@premiercommercialrealty.com

Affordability Calculator

$3,543

Per Month

Monthly Principal & Interest: $2,625
Monthly Property Taxes: $918
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Algonquin, IL

Average List Price ^$310,567

Percent of Sale Price 21%

About Algonquin, IL

30,142 Population

27% Since 2002

^$96,413 Median Income

40.37 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/2/2024	$394,900		Listed Price

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1485 Commerce Drive, Algonquin, IL, 60102 is a Commercial Property for sale at $394,900 with 2,700 sqft. 1485 Commerce Drive is a studio with 0.0 baths and was built in 2007. The property's zip code is 60102 which is in Algonquin, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/6/2024.

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1485 Commerce Drive

Commercial Property for sale in Algonquin, IL

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