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    Property profile & analytics
    OFF-MARKET Estimated value $4,465,000
    Retail space

    1300 Grv Ave, Barrington, IL 60010-5233

    2.13 ac lot Built 1975
    Entity Owned 5-yr Hold ~ Est. High Equity
    Property ID
    US28-2359780
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.81M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.47M
    Owner & transaction history
    Grove Office Center LLC · 5 yrs held
    Grove Office Center LLC
    since 2020
    Last sale
    $4.1M
    7 recorded transactions
    2020
    $4.1M
    2001
    $8.0M
    2001
    1969
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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