190 Penny Rd Barrington, IL 60010
This exceptional 15.52-acre property, located at 190 Penny Rd, Barrington, IL 60010, presents a unique investment opportunity. The site boasts five buildings totaling 13,796 square feet, constructed in 1960 and extensively renovated in 2020. The buildings feature impressive 13-foot ceilings, providing ample space for a variety of commercial ventures. Currently zoned for commercial use, the property offers significant potential for expansion or redevelopment. Its location in unincorporated Cook County provides access to major transportation routes and a thriving business community. The expansive lot size is particularly well-suited for businesses requiring significant outdoor space, such as wholesale nurseries or similar operations. The property's existing infrastructure, combined with its zoning and potential for rezoning within Cook County, makes it an attractive proposition for investors seeking a versatile and strategically located commercial asset. The asking price is $3,500,000. This is a rare opportunity to acquire a substantial commercial property with significant upside potential in a desirable location.
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Midwest Audio Group, Inc. Tech Support Center Rental Equipment Company
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.