190 Penny Rd Barrington, IL 60010
- Mixed-use properties
- 13,796 SF
- 15.52 lot acres
Current Use by Public Records
- Big Basin Radio / Radio Broadcaster / Service Establishment
- Cedar Path Nurseries LLC / Plant Nursery
- Midwest Audio Group, Inc. / Audio Visual Equipment Rental Service
Property Details for 190 Penny Rd
- Year built
- 1960
- Lot size
- 15.52 lot acres
- Property size
- 13,796 SF
- Property type
- Mixed-use properties
- Property subtype
- Land
Description
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.
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
- -88.1935
- Latitude
- 42.0959
