215 S Northwest HWY Save Request In-Person Tour Request Virtual Tour
Barrington,IL 60010
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 13,564 sqft
Price per Sqft $73
MLS Listing ID 12420573
Year Built 1985
Annual Tax Amount $61,085
Tax Year 2023
Lot Dimensions COMMON
Property Sub-Type Mixed Use
Property Description
Introducing a prime investment opportunity at 215 & 217 S Northwest Highway in Barrington, IL. This mixed-use property boasts a sought-after location on Route 14, just moments from Downtown Barrington and the Metra Train Station. With the Village of Barrington's approval for second-floor residential unit conversion, this property offers a lucrative chance to expand rental income. Featuring ample parking and high visibility, the site is currently zoned for diverse commercial use, such as retail, office space, or mixed-use development. Currently comprised of 9 office units, including 4 on the main level and the option to convert the 2nd level into 7 apartments with architectural design approved for two - 2 bedroom units and 5 one bedroom units , this property presents a versatile investment opportunity in a rapidly growing market. The building's potential for additional income streams and flexible usage makes it an ideal option for investors seeking long-term growth and profitability. Don't miss out on this chance to own a property with promising returns in a thriving area of Barrington's business district.
Location
State IL
County Cook
Area Barrington Area
Zoning OFFIC
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Mixed Use
Structure Type Brick,Cedar