Algonquin, IL 60102 265 Stonegate Road
$425,000



1 more

Presented By: Perillo Real Estate Group
Home Details
Beautiful fully leased office condo located in the Randall Road corridor. The secure office condo consists of 8 office rentals a common conference room, men and women restrooms, kitchen area and waiting area. The condo has recently been remodeled including, flooring in the offices and in the common areas, fresh paint, and new conference room furniture. The roof was done in 2019 and the driveway was sealed in 2020. This office condo is located one block from Randall Rd and is adjacent to the Algonquin Jewel Shopping Center and across from Lifetime Fitness.
Presented By: Perillo Real Estate Group
Interior Features for 265 Stonegate Road
Other Interior Features
FlooringCarpet, Tile
General for 265 Stonegate Road
Additional Parcels Y/NNo
CityAlgonquin
Construction MaterialsBrick
CoolingCentral Air
CountyMcHenry
Current UseCommercial, Office
DirectionsRandall Rd. S of Algonquin Rd. to Stonegate Rd. E to 265 Stonegate (across from Lifetime fitness side entrance.)
ElectricCircuit Breakers
Gross Income50520
Leasable Area
Lot Size Square Feet55900
MLS AreaAlgonquin
Net Operating Income29400
Number Of Units Total8
Operating Expense20800
PossessionClosing
Possible UseCommercial, Office
Property SubtypeCondominium
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount9467
Tax Year2024
Tenant PaysJanitorial Service
TownshipAlgonquin
Year Built2004
ZoningCOMMR
Exterior for 265 Stonegate Road
Building Area Total2476
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, Public Road
Lot Dimensions275 X 259 X 85 X 92 X 33 X 203
Lot Size Acres1.3
Additional Details
Price History

SQFT • 2,476