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Retail/Office Space in Barrington
For Lease
$20 SF/Yr

148 S Northwest Highway #103, Barrington, IL 60010

Ground floor unit in a high-traffic Barrington location.

Space SizeContact for details
Lot Size0.40 Acres
Days on Market712

Property Features for 148 S Northwest Highway #103

General Information

Standard status Active
Lot size 0.40 Acres
Property subtype Commercial

Amenities

Central air
Central Air Cooling

Building Details

Year Built 1960
Listing Agency: KELLER WILLIAMS SUCCESS REALTY
Listed By: CASSIE HILLINGER · License #471000332
Source: Corcoran
Added: Oct 13, 2024 Changed: Aug 17 Last Checked: Aug 17 at 4:42PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS SUCCESS REALTY

Investment Insights

Based on property information with market context.

This 1,057 square foot ground floor unit is located in a three-story brick building with a mix of retail and office tenants. The property benefits from a high-traffic location on Northwest Highway, with a traffic count of 20,700. It is situated adjacent to Jimmy Johns, Starbucks, and Moretti's Bar & Grill, and across from a CVS. The location is near the Barrington Central Business District and approximately 800 steps from the Metra train. Ample parking is available on two levels, with a total of 34 spots. Rent includes heat, air conditioning, electric, refuse, water, parking, CAM, building maintenance, and taxes. Tenants are responsible for their own cable, phone, internet, and tenant insurance. Additional signage is available.

Key Highlights

  • Ground floor unit in a high‑traffic location with 20,700 vehicles daily.
  • Rent includes all major utilities, CAM, building maintenance, and taxes.
  • Ample parking available with 34 spots.

Property Analytics

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Current Use

KLM Insurance Agency, ... Insurance Agency Timekeepers Inc (Bike/Boat/Book/etc) Store Doan Counseling Psychotherapist Remedy Therapeutic Massage Alternative Medicine Practice Natural Serenity Gym & Fitness Center

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Grocery & Convenience Store Computer & Electronic Repair Storage Facility Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,763
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Dining 38% Electronics 4% Beauty & Spa 4%
Shell Shops & Services
11,867 visits/mo 0.1 miles
Starbucks Dining
8,717 visits/mo 0.1 miles
Mobil Shops & Services
6,575 visits/mo 0.1 miles
Circle K Shops & Services
5,091 visits/mo 0.1 miles
Citgo Shops & Services
4,292 visits/mo 0.5 miles

Demographics for 60010, IL

46,365
Population
17,621
Households
2.6
Avg Household Size
47
Median Age
70%
College-Educated
97%
High-School Grad
74.1 sq mi
ZIP Area
626
Density / Sq Mi
$175,050
Median Household Income
$86,255
Median Earnings
$2,459
Median Rent
$622,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Barrington, IL

$20.67 /SF/Yr
Avg Asking Price
$19–$24 /SF/Yr
Price Range
3,664 SF
Avg Space Size

This space is priced 3% below the average of $20.67 /SF/Yr.

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor unit in a high-traffic Barrington location.
Where is this retail space located?
The property is located at 148 S Northwest Highway #103 Barrington, IL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Ground floor unit in a high‑traffic location with 20,700 vehicles daily.; Rent includes all major utilities, CAM, building maintenance, and taxes.; Ample parking available with 34 spots.
More about this property
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