236 Northwest Hwy, Barrington, IL 60010
This exceptional two-story office building, located at 236 W Northwest Hwy in Barrington, Illinois, presents a compelling investment opportunity. Boasting 10,000 square feet of versatile space, currently vacant and ready for immediate occupancy, this property is ideally suited for a variety of uses, including creative office, medical office, or traditional office settings. The building, constructed in 1987, sits on a sizable 18,400 square foot lot and is zoned B-3. Ample parking is provided with 25 spaces. The asking price is $1,250,000, translating to an attractive price per square foot of $125. The gross lease structure simplifies management. This prime location offers fantastic frontage on Northwest Highway, providing excellent visibility and accessibility. Nearby amenities include Walgreens, Jewel Osco, Jiffy Lube, and a soon-to-open Dunkin' Donuts, ensuring convenience for tenants and employees. The property's strategic location in Barrington, Illinois, within Lake County, and its zip code 60010, offers a desirable address in a thriving community. This is a rare opportunity to acquire a well-situated, spacious office building in a highly sought-after location. The property is ready for a new owner to realize its full potential.
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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
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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.