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Four-Tenant Shopping Center
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141 S Northwest Hwy, Barrington, IL 60010

Retail center with a long-term paint and décor tenant, direct highway access, and room for additional development.

Property SizeContact for details
Days on Market142

Property Features for 141 S Northwest Hwy

General Information

Standard status Active
Property subtype Retail

Additional Details

Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Chicago Downtown
Listed By: Brian Parmacek · License #IL 475.132220
Source: Crexi
Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 12:39PM

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 Marcus & Millichap - Chicago Downtown

Investment Insights

Based on property information with market context.

This shopping center includes four tenant spaces and a separate JC Licht Benjamin Moore Paint and Decor Store. The paint and decor tenant recently extended its lease for an additional 10 years. The property also includes vacant space between the existing buildings that has potential for up to 5,000 square feet of new development.

Two access points provide full ingress and egress to South Northwest Highway. The center is less than 500 feet from the intersection of Lake Cook Road and South Northwest Highway, where daily traffic volume exceeds 36,000 vehicles. Nearby retailers include Starbucks, CVS, Dunkin' Donuts, Verizon Wireless, and Jimmy John's. The property is located at 141 S Northwest Hwy in Barrington, Illinois.

Key Highlights

  • Four‑tenant shopping center with a separate JC Licht Benjamin Moore Paint and Decor Store
  • Paint and decor tenant recently extended its lease for an additional 10 years
  • Two access points provide full access to South Northwest Highway

Property Analytics

Current Use

Namaste Studio & Etc. Gym & Fitness Center MK Cleaners & Tailors (Bike/Boat/Book/etc) Store Rita's Bridal Alterations (Bike/Boat/Book/etc) Store Mr. Duct HVAC Service Bubbles Window Washing ... General Contractor

Suggested Use

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

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,763
Businesses Nearby
57k
Monthly Visits Nearby
Well-served
Demand for This Use

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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Shopping center - Retail center with a long-term paint and décor tenant, direct highway access, and room for additional development.
Where is this shopping center located?
The property is located at 141 S Northwest Hwy Barrington, IL.
What are key features of this property?
This property features: Four‑tenant shopping center with a separate JC Licht Benjamin Moore Paint and Decor Store; Paint and decor tenant recently extended its lease for an additional 10 years; Two access points provide full access to South Northwest Highway
(224) 619-6808 Call to check price and availability
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