1205 Northwest Hwy Barrington, IL 60010
- Retail properties
- 2,464 SF
- 1.00 lot acres
Current Use by Public Records
- Excalibur Auto Spa / Car Wash
- MARATHON / Gas Station
Property Details for 1205 Northwest Hwy
- Year built
- 1967
- Lot size
- 1.00 lot acres
- Property size
- 2,464 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Barrington
- County
- Cook
- State
- Illinois
- Longitude
- -88.0978
- Latitude
- 42.1359
