1205 Northwest Hwy Barrington, IL 60010
This vacant gas station and convenience store, located at 1205 S Northwest Hwy in Barrington, IL (60010), presents a unique investment opportunity. The property sits on a one-acre lot in a B-1 zoned area and offers 2,464 square feet of retail space in a single-story building constructed in 1967. Currently vacant, the property is being sold as a Real Estate Owned (REO) asset, including the land and building. The asking price is $650,000, translating to $263.80 per square foot. Note that the underground fuel tanks require removal. No sales information is available as the station was previously closed. The property's address is a high-traffic corner location, offering significant potential for redevelopment or repurposing. The Cook County property features a single unit and is listed under APN 02-08-100-039-0000. Given the vacant status, the current Net Operating Income (NOI) is $0 and the cap rate is 0.00%. This presents a blank canvas for a savvy investor to create a profitable venture. Serious inquiries only.
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Excalibur Auto Spa Car Wash
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MARATHON Gas Station
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.