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    50 Ela St, Unit Barrington Barrington, IL 60010

    For Sale
    $799,000

    Two-story office building in downtown Barrington with existing tenant.

    Property size:
    7 SF

    Property Features for 50 Ela St

    General Information

    Size
    7 SF

    Source: Mike Velasco Agent Mike Velasco

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Office Building For Sale

    Located in downtown Barrington, this two-story office building offers 7,594± square feet of space with a finished basement. The building is currently configured with an office buildout throughout. The property is currently leased to Edward Jones through 2027. A private parking lot provides 13 surface spaces, and street parking is available. The location is situated one block north of County Line Road (Lake Cook Road) and is within walking distance of the train station and the surrounding downtown area, which features a variety of eateries and shops.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nak4 Orthodontics Barrington Orthodontist Edward Jones - Financial ... Stock Broker 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
    Cook
    State
    Illinois
    Longitude
    -88.1334386
    Latitude
    42.1547649

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    FAQs

    What type of property is this?
    Office building - Two-story office building in downtown Barrington with existing tenant.
    Where is this office building located?
    The property is located at 50 Ela St, Unit Barrington Barrington, IL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Prime downtown Barrington location near amenities.; - Existing lease to Edward Jones through 2027.; - **7,594± SF two-story office building with finished basement.**
    Request Owner's contact information
    50 Ela St, Unit Barrington 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, Unit Barrington Barrington, IL 60010
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