Property profile

236 Northwest Hwy Barrington, IL 60010

OFF-MARKET
Office Spaces
10,000 SF Built 1987
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Office Spaces
Year built 1987
Total area 10,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Wedding Service

Location

236 Northwest Hwy Barrington, IL 60010
Barrington metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 236 Northwest Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message