NOT LISTED FOR SALE

1192 E Algonquin Rd Unit 1192-1214 Algonquin, IL 60102

-- Bed
-- Bath
13,800 Sq Ft
0.92 Acres

Last Sold June 23, 2021

Last sale price $130,000 $9 Per Sq Ft

466 Days on Market

About This Home

As of June 2021

Price Reduced: 2,416 SF office condo (units 1192 and 1214 combined) with entrances on both east and west sides of the building. Entering Unit 1214- condo opens up to a large meeting room with (2) baths and supply closet w/ slop sink. Entering into Unit 1192- reception area, private office, large conference room with kitchenette with granite counters, open clerical space and storage room. See photos and layout. This unit will need to be assessed for taxes as it has been owned by a church.

Last Agent to Sell the Property

Heather Schweitzer

Premier Commercial Realty License #471019756 Listed on: 12/19/2019

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,367

Year Built

  • Built in 2006

Lot Details

  • Additional Parcels

Parking

  • 30 Parking Spaces

Home Design

  • Gable Roof Shape
  • Brick Exterior Construction
  • Composition Roof
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 13,800 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Less than 100 Amp Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,367

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Office/Tech
  • Current Use: Office
  • Property Sub-Type: Condominium
  • Stories: 1
  • Year Built: 2006
  • Built Before 1978 (Y/N): No
  • Information: None
  • Estimated Age: 7-15 Years
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fire Protection: Alarm On Site,Fire Extinguisher/s,Sprinklers-Wet

Exterior Features

  • Construction Materials: Brick, Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 170000
  • Roof: Composition
  • Exterior Building Type: Brick
  • Roof Structure: Gable

Garage/Parking

  • ParkingTotal: 30
  • Dryers: 0
  • Outdoor Parking: 19-30 Spaces

Utilities

  • Cooling: Central Air
  • Electric: Circuit Breakers, 0-100 Amps
  • Heat/Ventilation: Forced Air,Gas

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: CONDO
  • Lot Size Sq Ft: 40000
  • Zoning: COMMR
  • Property Offered: For Sale Only

Rental Info

  • Tenant Pays: Other
  • Board Number: 20
  • Min Avail Sq Ft (Rentable): 2416

Building Info

  • BuildingAreaTotal: 13800

Multi Family

  • Leasable Area: 2416

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2019
Closed on
Jun 10, 2021
Sold by
The Bridge Church Of Algonquisn
Bought by
Partnershipllc F and Partnershipllc Z
Seller's Agent
Heather Schweitzer
Premier Commercial Realty
Buyer's Agent
Non Member
NON MEMBER
Sold Price
$130,000
Total Days on Market
466

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Outstanding Balance
$179,217
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
May 8, 2014
Sold by
Golden Eagle Community Bank
Bought by
The Bridge Church Of Algonquin

Purchase Details

Closed on
May 16, 2012
Sold by
The Rego Group Ltd
Bought by
Golden Eagle Community Bank

Purchase Details

Closed on
Jun 30, 2008
Sold by
Kipferl Group Inc
Bought by
The Rego Group Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,484,000
Interest Rate
6.15%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Partnershipllc F $130,000 Chicago Title Co
The Bridge Church Of Algonquin $155,000 Nlt Title L L C
Golden Eagle Community Bank -- None Available
The Rego Group Ltd $497,115 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Partnershipllc F $195,000
Previous Owner The Rego Group Ltd $1,484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $130,000 0.0% $9 / Sq Ft
06/03/2021 06/03/21 Off Market $130,000 -- --
05/18/2021 05/18/21 For Sale -- -- --
03/29/2021 03/29/21 Pending -- -- --
03/12/2020 03/12/20 Price Changed $170,000 -10.1% $12 / Sq Ft
02/24/2020 02/24/20 Price Changed $189,000 -10.0% $14 / Sq Ft
12/19/2019 12/19/19 For Sale $210,000 -- $15 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $3,367 $40,217 $17,061 $23,156
2022 $3,113 $36,297 $15,398 $20,899
2021 $1,619 $18,250 $7,742 $10,508
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2013 -- $26,806 $10,085 $16,721
Source: Public Records

Agents Affiliated with this Home

  • Heather Schweitzer

    Seller's Agent in 2021

    Heather Schweitzer

    Premier Commercial Realty

    (815) 236-9816

    85 Total Sales

    Heather Schweitzer
    Section Image

  • N

    Buyer's Agent in 2021

    Non Member

    NON MEMBER

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10595161

Midwest Real Estate Data (MRED)

APN: 19-34-281-006

Illinois McHenry County Algonquin 60102

1192 E Algonquin Rd Unit 1192-1214, Algonquin, IL

This home is located at 1192 E Algonquin Rd Unit 1192-1214, Algonquin, IL 60102 since 19 December 2019. This property was built in 2006. 1192 E Algonquin Rd Unit 1192-1214 is a home located in McHenry County with nearby schools including Eastview Elementary School, Algonquin Middle School, and Dundee-Crown High School.

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