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    438 Hough St Barrington, IL 60010

    Sponsored
    For Sale
    $435,000

    Move-in ready office building, 2705 sq ft, 13 parking spaces.

    Property size:
    2,705 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 2,705 square foot, two-story office building at 438 N Hough Street in Barrington, Illinois, presents a fantastic opportunity for businesses seeking a prime location and versatile space. Situated on a 0.19-acre lot, the property boasts 13 convenient parking spaces, ensuring ample parking for staff and clients. The building's B-4 zoning allows for a wide range of uses within the office and retail categories, offering flexibility for various business models. The interior features a spacious reception area, seven or more private offices, a well-appointed conference room, and a comfortable lounge area complete with a fireplace. A convenient kitchenette and two bathrooms are also included. Additional storage space is available in the basement. Enjoy outdoor access via a private patio. The building is equipped with central air conditioning and forced-air heating, with recent upgrades including a one-year-old air conditioning system, a five-year-old furnace, and a two-year-old hot water tank. This is a gross lease, with utilities and garbage disposal being the responsibility of the tenant. Renters insurance and an HVAC maintenance contract are required. The property's proximity to downtown Barrington's shopping district and its short walking distance to the Metra train station provide unparalleled convenience and accessibility.

    Property Features for 438 Hough St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,705 SF
    Lot Size
    8,276 SF

    Building Details

    Year Built
    1920
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Barrington
    County
    Lake
    State
    Illinois
    Longitude
    -88.13634
    Latitude
    42.15852

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    FAQs

    What type of property is this?
    Commercial real estate - Move-in ready office building, 2705 sq ft, 13 parking spaces.
    Where is this commercial real estate located?
    The property is located at 438 Hough St Barrington, IL.
    What is the asking price?
    The asking price for this property is $435,000.
    (847) 692-5522
    Request Owner's contact information
    438 Hough St 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
    438 Hough St Barrington, IL 60010
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