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    700-730 S Hwy NW Barrington, IL

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    For Lease
    $15 SF/Yr ($1,487 /Mo)

    High-traffic retail space with ample parking and strong demographics.

    Property size:
    1,190 SF
    Lot size:
    1.22 Acres

    Property Features for 700-730 S Hwy NW

    General Information

    Size
    1,190 SF
    Lot size
    1.22 Acres

    Source: Brian Properties, Inc. Agent Gregg Comeuax

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

    Overview

    Retail Space on Northwest Highway

    This retail space is located on Northwest Highway, which experiences an average daily traffic volume of over 22,110 vehicles. The property offers a parking ratio of 3.0 spaces per 1,000 square feet. A new pylon sign was installed in early 2022 to enhance visibility for businesses. The location benefits from outstanding demographics within a three-mile radius. The total monthly cost, including rent, CAM, and taxes, is $2,380. The property has a size of 1190 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Barrington
    County
    Cook
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

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    FAQs

    What type of property is this?
    Retail space - High-traffic retail space with ample parking and strong demographics.
    Where is this retail space located?
    The property is located at 700-730 S Hwy NW Barrington, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High Traffic Location: Northwest Hwy. sees over 22,110 cars per day; - Rent, CAM & Taxes are $2,380 per month; - Ample Parking: 3.0 parking spaces per 1,000 SF
    (847) 640-1500
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    700-730 S Hwy NW Barrington, IL
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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
    700-730 S Hwy NW Barrington, IL
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