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Five-Office Professional Suite
For Sale
$125,000

1531 S Grove Avenue, Barrington, IL 60010

Commercial Sale, Barrington, IL

Property Size1,800 SF
Lot Size0.31 Acres
Price / SF$69.44
Days on Market169

Property Features for 1531 S Grove Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning COMMR
Directions Grove Ave. N of Dundee Road to unit
Subdivision Barrington Area
Standard status Active
APN 01124000110000
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 11672

Utilities

Cooling system Central Air

Amenities

conference room
break room area
waiting room
private entrance
security/intercom system

Building Details

Year built 2005
Floors in Building 2
Number of units 1
Flooring type Carpet, Tile
Building materials Brick
Listing Agency: Compass
Listed By: Kim Alden · License #475122036
Added: Mar 26 Changed: Sep 5 Last Checked: Sep 10 at 10:06PM
MLS# 12603049

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office unit provides 1,800 square feet of workspace plus 300 square feet of secure basement storage. The layout includes five private offices, a conference room, two private bathrooms, a waiting room, and a separate break area. Built-in cabinetry with a sink and refrigerator adds functionality to the meeting and support spaces. A private entrance connects to a controlled-access area equipped with a security and intercom system.

Constructed in 2005 with brick construction, the suite features tile and carpet flooring, central air, and finished interior details including custom doors and trim. The property is zoned COMMR and is located in Barrington, Illinois.

Key Highlights

  • 1,800 SF office suite with an additional 300 SF of secure basement storage
  • Five private offices supported by a dedicated conference room and waiting room
  • Two private bathrooms plus a separate break area

Property Analytics

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Current Use

Russell S Pollina ... Dental Office Barrington Dental Wellness ... Dental Office Piershale Financial Group Financial Advisor Dr. Robert E. ... Dental Office Compass Counseling Counselor

Suggested Use

Top Pick Restaurant Real Estate Agency Nail Salon (Bike/Boat/Book/etc) Store Spa & Massage Center Grocery & Convenience 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.

Location Intelligence

Trade Area within ½ mile

469
Businesses Nearby

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
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Private-entry office suite with dedicated meeting, reception, and support areas.
Where is this office units located?
The property is located at 1531 S Grove Avenue Barrington, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 1,800 SF office suite with an additional 300 SF of secure basement storage; Five private offices supported by a dedicated conference room and waiting room; Two private bathrooms plus a separate break area
More about this property
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