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Versatile Space Near Good Shepard
For Lease
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28686 W Northwest Hwy, Lake Barrington, IL 60010

Adaptable space suitable for medical, retail, or office use.

Space Size1,795 SF
Property Size5,596 SF
Days on Market477

Property Features for 28686 W Northwest Hwy

General Information

Standard status Active
Size 1,795 SF
Class B
Property subtype Retail, Office
Lease Type Modified Gross

Building Details

Building Size 5,596 SF
Year Built 1980
Tenancy Single

Spaces For Lease

at 28686 W Northwest Hwy Contact us

Available Space

Size
1,795 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
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Listing Agency: Baird & Warner Barrington
Listed By: Holly Trandel · License #IL
Source: Crexi
Added: May 3, 2025 Changed: Aug 8 Last Checked: Aug 20 at 5:53AM

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 Baird & Warner Barrington

Investment Insights

Based on property information with market context.

This space presents an opportunity for medical, dental, or chiropractic offices, and is located very close to Good Shepard Hospital. The property is also suitable for retail use. New electronic signage is available to tenants to maximize visibility. The space includes lavatories in the exam rooms, and is ready for specific use, requiring only minor build out. The location benefits from a good traffic count of over 21,000 vehicles per day. There are over 40 close parking spaces available. The unit can be divided. Handicap access is available to both units.

Key Highlights

  • Prime location near Good Shepherd Hospital, ideal for medical, dental, or chiropractic practices.
  • Low lease rate ($15/SF) and reasonable CAM ($2.50) with excellent modified gross lease terms.
  • High visibility with new electronic signage available** and a traffic count of over 21,000 vehicles per day.

Property Analytics

Current Use

Medical Office Space

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.

Lease Details

NNN (Triple Net)
Lease Type
$2.63 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby
Well-served
Demand for This Use

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?
Medical Office Space - Adaptable space suitable for medical, retail, or office use.
Where is this medical office space located?
The property is located at 28686 W Northwest Hwy Lake Barrington, IL.
What is the lease rate?
The lease rate is $17.50 SF/Yr.
What are key features of this property?
This property features: Prime location near Good Shepherd Hospital, ideal for medical, dental, or chiropractic practices.; Low lease rate ($15/SF) and reasonable CAM ($2.50) with excellent modified gross lease terms.; High visibility with new electronic signage available** and a traffic count of over 21,000 vehicles per day.
More about this property
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