Closed
▼ $6,400
Algonquin, IL 60102
1447 Merchant Drive
$258,500
$6,400 below original
2498 days on market
$6,600/yr taxes
01About this home
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.
02Inside the home
03By the numbers
$258,500
List price
—
Square feet
—
Bedrooms
—
Bathrooms
2004
Year built
—
Lot size
—
Garage spaces
$6,600
Annual taxes
Office/Tech
Style
2498
Days on market
04Features
Cooling
Central Air
05Neighborhood
- Montarra 800 ft
- Dave's Hot Chicken 850 ft
- Casa Tequilas Mexican Grill Algonquin 950 ft
- Georgia's Restaurant & Pancake House 0.2 mi
- Potbelly 0.3 mi
- Sonic 0.3 mi
- BP Shop 700 ft
- Deli 4 You 0.2 mi
- Aldi 0.3 mi
- Walmart Supercenter 0.4 mi
- Trader Joe's 0.4 mi
- The Fresh Market 0.6 mi
- Tunbridge Park 0.3 mi
- High Hill Park 0.9 mi
- High Hill Park 1.0 mi
- Spella Park 1.1 mi
- Gaslight Park 1.1 mi
- Fun City Trampoline Park 1.2 mi
- Starbucks 0.5 mi
- Galloway's Chicago Subs 1.1 mi
- 7 Brew Coffee 1.2 mi
- Daily Projects Cafe 1.3 mi
- Churros Y Chocolate Inc 1.4 mi
POI data via Mapbox · OpenStreetMap contributors
06History
Every event we have for this address, straight from the MLS.
Jun 1, 2026
Price reducedThis listing
$258,500
−$6,400
May 26, 2026
SoldThis listing
$230,000
Jun 18, 2019
Listed for saleThis listing
$264,900
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello
Real answers about this home — pricing, schools, what to ask, anything.
Ask Dwello
08See it for yourself
Stand in the kitchen.
See the light at 4pm.
Photos can only do so much. Pick a time — we'll meet you at the door.
Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
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Listed by RVG Commercial Realty · Michael Carpenter
MLS data provided through MLS GRID · MRED MLS · MLS# MRD10420811
MLS data provided through MLS GRID · MRED MLS · MLS# MRD10420811