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    509 Main St West Dundee, IL 60118

    • Retail space
    • 2,740 SF
    • 0.22 lot acres
    For Sale
    View listing
    $410,000
    Value Estimation
    Last Sale
    Jun 17, 2022
    $265,000
    Location Intelligence
    Property ID
    US28-5672600
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 509 Main St

    Year built
    1926
    Lot size
    0.22 lot acres
    Property size
    2,740 SF
    Property type
    Retail space
    Property subtype
    Storefront properties
    APN
    01-02-201-017
    APU
    102201017

    Description

    This exceptional Barrington, IL executive office space, located at 509 W Main St, offers multiple suites within a completely renovated Class B building. The 815-square-foot building boasts newly installed flooring, drywall, and paint, completed June 1st, 2023. Two stories high, the property features efficient layouts with operable windows, providing ample natural light. Suites range from a minimum of 325 square feet to a maximum contiguous space of 490 square feet, with the entire 815 square feet currently vacant and available. The building benefits from ample on-site parking, a convenient location across from Barrington High School, and proximity to various restaurants and shopping options. Exterior signage opportunities are also available. Furthermore, the attractive rental rate includes HVAC and electricity, minimizing operational costs. The common area renovation, completed in June 2023, enhances the overall appeal and functionality of the property. This prime location in Cook County, zip code 60010, presents a fantastic opportunity for businesses seeking modern, well-maintained office space in a desirable area. Virtual tours are available for viewing.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $285,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $275,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $285,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $330,000
      Retail
      $245,000
      Mixed-Use
      $260,000
      Hospitality
      $250,000
      Educational
      $315,000
      Residential Income
      $310,000
      Energy
      $330,000
      Income-Based Land
      $295,000
      Food Service
      $250,000

    Location Insight

    • Map
    • Local Demand
    City
    Barrington
    County
    Cook
    State
    Illinois
    Longitude
    -88.1457
    Latitude
    42.154
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $14,454
    $59,400
    $6,850
    $66,250
    -
    $237,600
    $27,400
    $265,000

    Comparable in this City

    • Value Estimation by Request

      111 Main St

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      1455 Barrington Rd

      STORE, RETAIL OUTLET • 3.22 Acres
      1455 Barrington Rd, Barrington, IL 60010-5205
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      231 Main St

      STORE, RETAIL OUTLET • 1,835 SF
      231 Main St, Barrington, IL 60010-4205
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      325 Main St

      STORE, RETAIL OUTLET • 2,186 SF
      325 Main St, Barrington, IL 60010-4473
      View Details
    • Value Estimation
      $1,510,000
      2.87 Acres

      545 Penny Rd, Unit 705

      STORE, RETAIL OUTLET • 2.87 Acres
      545 Penny Rd, Barrington, IL 60010-9207
      View Details
    • Value Estimation
      $1,640,000
      0.21 Acres

      101 Hough St

      STORE, RETAIL OUTLET • 0.21 Acres
      101 Hough St, Barrington, IL 60010-4367
      View Details

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    509 Main St
    West Dundee, IL 60118
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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