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$ 2,150,000
Est. payment | /mo
13,000 SqFt
$ 2,150,000
Est. payment | /mo
13,000 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 13,000 sqft
Price per Sqft $165
MLS Listing ID 11982576
Year Built 1904
Annual Tax Amount $108,882
Tax Year 2022
Lot Dimensions PER SURVEY
Property Description
Barrington Commercial Real Estate Formerly McGonigal's Pub. Ideal opportunity for the following types of uses: multi-level bar/restaurant, law firm, architectural group, art gallery, retailers, capability to convert to mixed-use status allowing residential units to be developed on the 2nd floor, etc. Property may be eligible for Cook County Class 7a/7b incentive program reducing assessments of market value for the first 10 years or up to 3 years with a Class 7c incentive program. Adjacent 2M Park Avenue Plaza development to be constructed in 2025 for outdoor dining, green space, etc. Corner location. ADA elevator to second floor. More than adequate 220-volt electrical power system. The two floors including the basement have approximately 13,000 internal square feet within two attached, two-story buildings. The footprint of the 2 lots is 4,885 square feet. The real estate is to be sold AS-IS. Proof of funds is required prior to scheduling a showing.
Location
State IL
County Cook
Area Barrington Area
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
Level or Stories 2
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Listed by Michael Costanzo • Jameson Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "