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    102 Cook St Barrington, IL 60010

    Sponsored
    For Sale
    $710,000

    Downtown Barrington Mixed-Use Investment

    Property size:
    12,309 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional mixed-use property, located at 102 N Cook Street in the heart of Barrington, Illinois, presents a unique investment opportunity. Spanning 12,309 square feet, this three-unit building enjoys a highly visible location at the intersection of Cook and Main Streets, directly across from the community veteran's memorial and adjacent to the Metra Northwest train line. The building's strategic placement ensures high visibility to thousands of daily commuters by rail, car, and foot. Currently leased to three long-term tenants—a law office, dance studio, and piano bar—the leases extend through 2024, providing immediate and stable rental income. This presents an excellent opportunity for an investor to capitalize on existing income streams while exploring future growth potential. The property's prime location offers significant advantages, with close proximity to the vibrant downtown Barrington area, including a wide array of shopping, dining, entertainment venues, and the Metra station. Furthermore, the property benefits from its proximity to planned developments at Barrington's Golden Triangle and the historic Catlow Theater restoration project, promising further enhancement to the area's appeal and value. This is a rare chance to acquire a substantial piece of downtown Barrington real estate with significant upside potential, allowing the new owner to either maintain the existing income stream or create a new, exciting destination within the village.

    Property Features for 102 Cook St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    12,309 SF

    Building Details

    Year Built
    1959
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Barrington
    County
    Lake
    State
    Illinois
    Longitude
    -88.13515
    Latitude
    42.1546

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    FAQs

    What type of property is this?
    Mixed-use property - Downtown Barrington Mixed-Use Investment
    Where is this mixed-use property located?
    The property is located at 102 Cook St Barrington, IL.
    What is the asking price?
    The asking price for this property is $710,000.
    (847) 381-0300
    Request Owner's contact information
    102 Cook St Barrington, IL 60010
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    Barrington, IL 60010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    102 Cook St Barrington, IL 60010
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