Building Details

Year Built 2008

Year Renovated 2022

Buildings 1

Stories 2

Listing Agency: Imperial Realty Company t***@imperialrealtyco.com Show Phone

Listed By: Theron May · License #IL 471.019986

Source: Crexi

Added: Jul 26, 2023 Changed: Aug 15 Last Checked: Aug 20 at 5:29AM

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Investment Insights

Based on property information with market context.

Located at 28160 W Northwest Highway in Lake Barrington, Illinois, this commercial property offers a blend of sophistication and functionality. The property has a size of 57000 square feet and presents an opportunity for investors seeking value-add potential.

Key Highlights

• Value‑add potential for savvy investors.
• Built in 2008.
• Located in Lake Barrington.

Property Analytics

Property Profile

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Electrical Service Auto Parts Store Dental Office (Bike/Boat/Book/etc) Store Garden Center

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

122

Businesses Nearby

Explore this area Business Placement

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 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 building - Commercial property in Lake Barrington, Illinois, with value-add potential.

Where is this office building located?

The property is located at 28160 W Northwest Hwy Lake Barrington, IL.

What are key features of this property?

This property features: Value‑add potential for savvy investors.; Built in 2008.; Located in Lake Barrington.