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Property profile & analytics
OFF-MARKET
Commercial real estate

438 Hough St Barrington, IL 60010-3029

2,161 SF 0.19 ac lot Built 1920
Individually Owned 6-yr Hold Free & Clear
Property ID
US28-5899181
Property summary
AI-generated overview

This charming, two-story, 2,705-square-foot creative office building in Barrington, Illinois, is available for sale at $435,000. Built in 1920, this Class C property sits on an 8,320-square-foot lot and offers 13 parking spaces, exceeding the typical parking ratio for this size building. The building features a spacious reception area, seven or more individual offices, a conference room, a comfortable lounge area with a fireplace, a convenient kitchenette, and two bathrooms. Additional storage space is available in the basement. Enjoy the convenience of an outdoor patio. The property boasts recently updated mechanical systems: the air conditioning is one year old, the furnace is five years old, and the hot water tank is two years old. The building is currently vacant and ready for immediate occupancy. The B-4 zoning allows for flexible use within the office and retail categories. This owner-user investment opportunity is ideally located near downtown Barrington's shopping district and within walking distance of the Metra train station, providing excellent accessibility and high visibility. The property is a gross lease, with utilities and garbage disposal as tenant responsibilities. Renters insurance and an HVAC maintenance contract are required.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 2,161 SF
Lot 0.19 ac (8,320 SF)
APN 13-36-304-001
UPID US28-5899181
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Robert Levy · 6 yrs held
Robert Levy
since 2020
5 recorded transactions
2020
Price N/A
2006
Price N/A
2004
$530,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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