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    28160 Hwy Lake Barrington, IL 60010

    Sponsored
    For Lease
    $20 SF/Yr

    Class A Office Space, Multiple Suites Available

    Lot size:
    57,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story, 57,000 square-foot Class A medical office building, constructed in 2008 and renovated in 2024, is situated on a 10-acre lot in desirable Lake Barrington, Illinois (zip code 60010). Located at 28160 W Northwest Hwy, the property boasts a prime location with stunning views of Flint Creek and a nearby nature preserve. The building features underground parking, adding convenience and security for tenants and visitors. Multiple tenancy options are available, ranging from 345 square feet to 5,759 square feet, catering to a variety of business needs. The building is equipped with elevators and offers generous, turnkey build-outs for seamless occupancy. The property's versatile design accommodates various office subtypes, including traditional, executive, medical, and creative office spaces. Its Class A status ensures high-quality finishes and amenities. The surrounding area offers a variety of dining options, including The Onion Pub & Brewery, Subway, Kelsey Road House, Brunch Café, and Yummy Asian Bistro, providing convenience for employees and clients. This is a rare opportunity to secure prime office space in a highly sought-after location. Lake County location.

    Property Features for 28160 Hwy

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    57,000 SF
    Class
    A
    Total Rate
    95000

    Building Details

    Year Built/Renovated
    2008/2024
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

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

    HighLights

    • 24‑hour access.
    • Elegant atrium lobby.
    • On‑site banking services.
    • Dedicated biotech/lab space available.
    • Secure building with controlled access.
    • Convenient commuter rail access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Lake Barrington
    County
    Lake
    State
    Illinois
    Longitude
    -88.183559600991
    Latitude
    42.180026611441

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    FAQs

    What type of property is this?
    Office space - Class A Office Space, Multiple Suites Available
    Where is this office space located?
    The property is located at 28160 Hwy Lake Barrington, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 24-hour access.; Elegant atrium lobby.; On-site banking services.
    Request Owner's contact information
    28160 Hwy Lake 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

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    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
    28160 Hwy Lake Barrington, IL 60010
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