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    OFF-MARKET
    Office Spaces

    236 Northwest Hwy, Barrington, IL 60010

    10,000 SF Built 1987
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
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    Value estimations
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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