Barrington, IL 60010
$999,000
Mark Quesada
Broker / Owner
LIC #475144827
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.
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$7,373/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Dawn Bremer, Keller Williams Success Realty
MLS# MRD12420573 · Under Contract
$749,000
Median sale price
24 days
Avg days on market
99.5% of list
Sells for
Closed sales in 60010 over the last 6 months, all home types.
History reflects records reported to the MLS and may be incomplete.
Interior
Construction
Lot & parking
Utilities