33 W Higgins Rd South Barrington, IL 60010
Stabilized office portfolio in affluent South Barrington, 94% leased.
Type:Office
Property size:
108,340 SFLot size:
10.87 AcresPrice / SF:
$87/SF- Added:
- Apr 3, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 3 at 5:04 am
Property Features for 33 W Higgins Rd
General Information
- Standard status
- Active
- Size
- 108,340 SF
- Lot size
- 10.87 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1981
Listing agent John Abuja, CCIM License #IL: 471.007675 (312) 327-5412
Listing office Chicago Downtown Office (312) 327-5412
Listing date Apr 3, 2026
Source Marcusmillichap
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 Chicago Downtown Office
Overview
South Barrington Office Center Portfolio
The South Barrington Office Center is a portfolio of ten single-story office buildings totaling 108,340 square feet, situated on 10.87 acres. The property comprises 63 individual suites and is 94% leased to a mix of medical, professional, and service-oriented tenants, with leases extending to at least 2027. Located in an affluent Northwest Chicago community, the property fronts Higgins Road and has direct visibility to Interstate 90. The location is just west of The Arboretum of South Barrington, an open-air lifestyle center with retail, dining, and entertainment, providing convenient access to Route 59, Barrington Road, and Interstate 90. There have been 22 new leases signed since March and 8 renewals since June. Average rents on new leases are $18.50 per square foot. Base year stops in leases protect new ownership from expense increases.
Location Intelligence
Current Use by Public Records
DeBari Enterprises
Big Box & Wholesale Store
Rick Kleinvehn Diamond ...
Big Box & Wholesale Store
Lina Garcia, DDS, ...
Dental Office
Shandley Kane Dental
Dental Office
American National Title
Title Company
Location Insight
- Map
- Local Demand
- City
- South Barrington
- County
- Cook
- State
- Illinois
- Longitude
- -88.1698333
- Latitude
- 42.0681972
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Stabilized office portfolio in affluent South Barrington, 94% leased.
Where is this office building located?
The property is located at 33 W Higgins Rd South Barrington, IL.
What is the asking price?
The asking price for this property is $9,500,000.
What are key features of this property?
This property features: High Occupancy: 94% leased to a diverse mix of tenants, providing a durable income stream.; Attractive Returns: 9.79% going‑in Cap Rate and 11.19% Leveraged Cash‑on‑Cash return based on a Yearly NOI of $930,278.; Strong Leasing Activity: 22 new leases signed since March 2025 and 8 renewals since June 2025, indicating robust demand.
