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    29160 Northwest Hwy Barrington, IL 60010

    For Lease
    $12 SF/Yr

    Class A Medical Office Suites Available

    Lot size:
    57,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A medical office building, located at 29160 W Northwest Hwy in Lake Barrington, IL 60010, offers 57,000 square feet of prime space. Built in 2008, the two-story building boasts generous, turnkey build-outs available for immediate occupancy. Multiple tenancy options are available, ranging from 345 square feet to 5,759 square feet, providing flexibility for practices of various sizes. The building features underground parking for the convenience of patients and staff, and enjoys stunning views of Flint Creek and a nearby nature preserve. The property is situated in Lake County and benefits from its convenient location near a variety of dining options, including The Onion Pub & Brewery, Subway, Kelsey Road House, Brunch Café, and Yummy Asian Bistro. This is a rare opportunity to secure high-quality medical office space in a desirable location with excellent amenities. The building's Class A condition ensures a professional and comfortable environment for both tenants and their clients. Eight individual spaces are currently available, offering a range of sizes to accommodate diverse needs. Contact us today to learn more about this exceptional opportunity.

    Property Features for 29160 Northwest Hwy

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,000 SF
    Class
    A
    Total Rate
    57000

    Unit(s) available at that property

    Space
    103A
    Size
    5,202 SF
    Rate per SF
    $20
    Space
    217
    Size
    3,280 SF
    Rate per SF
    $20
    Space
    201
    Size
    5,645 SF
    Rate per SF
    $20
    Space
    208
    Size
    5,227 SF
    Rate per SF
    $20
    Space
    124
    Size
    724 SF
    Rate per SF
    $12
    Space
    103
    Size
    345 SF
    Rate per SF
    $12
    Space
    214
    Size
    3,296 SF
    Rate per SF
    $20
    Space
    203
    Size
    5,759 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Barrington
    County
    Lake
    State
    Illinois
    Longitude
    -88.1965266
    Latitude
    42.186688

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    FAQs

    What type of property is this?
    Medical office - Class A Medical Office Suites Available
    Where is this medical office located?
    The property is located at 29160 Northwest Hwy Barrington, IL.
    What is the lease rate?
    The lease rate is $12-$20 SF/Yr.
    Request Owner's contact information
    29160 Northwest Hwy Barrington, IL 60010
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    Barrington, IL 60010
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29160 Northwest Hwy Barrington, IL 60010
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