Property profile

1300 Grv Ave Barrington, IL 60010

OFF-MARKET
Retail space
Property ID
US28-2359780
2.13 ac lot Built 1975
Entity Owned 5-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional medical office space, located at 1300 S Grove Ave in Cook County, presents a unique opportunity for a single-tenant user. The property boasts a total of 1 square foot of meticulously maintained space, perfectly suited for a small medical practice or related healthcare business. Given its single-tenant occupancy, this property offers unparalleled privacy and control over the environment. The building's size is ideal for a focused, efficient operation, minimizing overhead and maximizing productivity. The property type is classified as an office building, specifically designed for medical use, ensuring compliance with relevant regulations and standards. The location within Cook County provides excellent access to a diverse patient base and a strong network of healthcare professionals. This is an exceptional opportunity for a medical professional seeking a compact, efficient, and conveniently located space to establish or expand their practice. The property is currently available for lease, offering a chance to secure a prime location in a thriving area. Interested parties are encouraged to inquire for further details and leasing terms. The property's single-tenant status ensures a streamlined and uncomplicated leasing process. This is a rare opportunity to acquire a highly functional and strategically located medical office space.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
Year built 1975
Lot 2.13 ac (92,783 SF)
APN 01-12-108-014
UPID US28-2359780

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electrical Service General Contractor
  • (Bike/Boat/Book/etc) Store Corporate Office
  • Alternative Medicine Practice
  • Law Firm
  • Postal Service Courier Service

Location

1300 Grv Ave Barrington, IL 60010-5233
Barrington metro Census 804202 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.81M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.84M

Owner & transaction history

since 2020
Last sale
$4.1M
7 recorded transactions
2020
$4.1M
2001
$8.0M
2001
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1300 Grv Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message