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    50 Ela St Barrington, IL 60010

    For Sale
    $949,000

    7,495 SF Office Building - Investment Opportunity

    Property size:
    7,495 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional two-story office building, totaling 7,495 square feet, is ideally situated in the heart of downtown Barrington, Illinois. The property boasts a prime location just one block north of County Line Road (Lake Cook Road), offering unparalleled convenience and high visibility. Its proximity to the train station and the vibrant downtown area, complete with numerous restaurants and shops, ensures strong tenant appeal and foot traffic. The building currently features a complete office buildout and is generating income through existing leases with Edward Jones (through 2027) and Nakfoor Orthodontics (through 2025), providing a stable investment opportunity. The building also includes a finished basement, adding significant usable space. Ample parking is available on-site with a private lot providing 13 surface spaces, supplemented by convenient street parking. The 0.15-acre lot provides a manageable footprint for this established commercial property. This presents a rare chance to acquire a well-located, income-producing office building in a thriving downtown area. The property is perfect for an investor seeking a strong return or an owner-user looking for a prestigious location to establish or expand their business. This is a truly exceptional opportunity not to be missed.

    Property Features for 50 Ela St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    7,495 SF
    Lot Size
    6,534 SF

    Building Details

    Year Built
    1980
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nak4 Orthodontics Barrington Orthodontist Edward Jones - Financial ... Financial Consultant Michael J. Kosiak ... Accountant The Jupitor Center Counselor

    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
    -88.13343
    Latitude
    42.15476

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    FAQs

    What type of property is this?
    Office Property / Space - 7,495 SF Office Building - Investment Opportunity
    Where is this office property / space located?
    The property is located at 50 Ela St Barrington, IL.
    What is the asking price?
    The asking price for this property is $949,000.
    (630) 369-9000
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    50 Ela 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
    50 Ela St Barrington, IL 60010
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