28160 Northwest Hwy Lake Barrington, IL 60010
This exceptional Class A medical office building, located at 28160 W Northwest Hwy, Lake Barrington, IL 60010, presents a compelling investment opportunity. The 57,000 square foot building, constructed in 2008 and extensively renovated in 2022, sits on a 16-acre lot and boasts 337 parking spaces. Currently 48% leased, this two-story building offers significant value-add potential. Amenities include 24-hour access, controlled access, a security system, an atrium, and ample storage space. The building also features high ceilings, natural light, partitioned offices, a reception area, recessed lighting, Wi-Fi, air conditioning, hardwood floors, and a balcony. Additional conveniences include on-site banking, a conferencing facility, and nearby amenities such as a daycare, restaurant, golf course, and commuter rail access. The property is zoned B and has a Lake County APN of 13-28-203-020. This is an owner/user investment opportunity with significant upside potential in a desirable location. The building's modern design and extensive amenities make it an attractive option for medical professionals and tenants. The substantial parking and convenient location further enhance its appeal. This property offers a unique blend of functionality and potential for growth.
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.