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Property profile & analytics
OFF-MARKET
Mixed-use properties

190 Penny Rd Barrington, IL 60010

13,796 SF 15.52 ac lot Built 1960
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Mixed-use properties
Year built 1960
Total area 13,796 SF
Lot 15.52 ac (676,051 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
  • Big Basin Radio Radio Station Telecommunications Service
  • Cedar Path Nurseries LLC Garden Center Landscaping
  • Midwest Audio Group, Inc. Tech Support Center Rental Equipment Company
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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