About 215 South Northwest Highway
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.
Features of 215 South Northwest Highway
MLS® # | 12420573 |
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Price | $999,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Year Built | 1985 |
Type | Commercial Sale |
Sub-Type | Mixed Use |
Status | Active |
Community Information
Address | 215 South Northwest Highway |
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Area | Barrington Area |
City | Barrington |
County | Cook |
State | IL |
Zip Code | 60010 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Cooling | Central Air |
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Fireplace | No |
Has Basement | No |
Exterior
Exterior | Brick, Cedar |
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Roof | Composition |
Foundation | Concrete Perimeter |
Additional Information
Days on Market | 93 |
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Zoning | OFFIC |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Keller Williams Success Realty |
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Contact Info | 847-456-6334 |