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$ 3,600,000
Est. payment | /mo
28,600 SqFt
$ 3,600,000
Est. payment | /mo
28,600 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 28,600 sqft
Price per Sqft $125
MLS Listing ID 12507548
Year Built 1970
Annual Tax Amount $88,435
Tax Year 2023
Lot Dimensions 300X500
Property Sub-Type Retail/Stores
Property Description
Total rent is $457K Gross income. 8.5 CAP Rate Retail/office building in the heart of Barrington. Anchored by the USPS as well as many long term tenants. Fully leased retail with small vacancy in the office spaces. Ideal turn key investment. 28,650 square foot with an additional 6,000 square foot basement, ideally located in downtown Barrington, Illinois. Healthy mix of both retail and office tenants. The retail component is anchored by the United States Post Office, ensuring consistent foot traffic and long-term tenancy stability. Other tenants include a salon, bakery, nail studio, photo studio, ecord store, martial arts studio, and deli. The second floor is home to a variety of professional office users.
Location
State IL
County Lake
Area Barrington Area
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
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Listed by Dan Stratis of @properties Commercial
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "