For Sale
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Property summary
1531 Grove is a beautifully built-out 2,145 SF office condominium located in the prestigious Executive Center Office Park in Barrington. This second-floor office suite offers a refined professional setting, ideal for businesses seeking a turnkey space with high-end finishes and a functional layout. Renovated in 2018, the suite features six private offices, a large conference room, a modern kitchenette, a welcoming reception area, and an in-suite restroom. With expansive exterior windows throughout, natural lighting is plentiful within the condo. The space is equipped with a newer furnace and AC unit, and the property is professionally managed, with an association taking care of the building, roof, and parking lot. Included with the condo is a 275 SF private storage room with built-in shelving, located in the building's basement. The second-floor unit is easily accessible via elevator or a wide central staircase. The building has a large parking lot, and signage is available on the prominent street directory, offering excellent visibility within the professional office park. Current tenant occupying the condo until Aug. 2026, and new owner can collect rental income.
Property profile
VerifiedCap rate & NOI
Current use
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Dental Office
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Dental Office
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Financial Advisor
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Dental Office
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Counselor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Barrington market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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