100-118 Main StBarrington, IL 60010

For Sale
$3,990,000
Downtown Barrington, 10-unit storefront

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment opportunity presents a fully occupied, multi-tenant retail storefront located in the heart of downtown Barrington, Illinois. The property, situated at the prominent corner of Hough and Main Street, comprises two adjacent buildings totaling 12,758 square feet on a one-acre lot. Built in 1980, this Class B property offers ten individual units, providing a diversified income stream. The asking price is $3,990,000, representing a compelling 7.57% capitalization rate. Ample parking is available at the rear of the building, ensuring convenient access for tenants and customers. The property's prime location within Barrington's bustling downtown area guarantees high foot traffic and strong tenant demand. With its excellent visibility and accessibility, this retail center presents a rare opportunity for investors seeking a stable and high-performing asset in a desirable market. The property's APN is 13-36-317-061. Parking is provided at a rate of 4.71 spaces per 1,000 square feet. The property is a single-story building.

Highlights

  • Fully occupied, multi-tenant retail property in downtown Barrington, IL.
  • 12,758 square feet on a one-acre lot, comprised of two adjacent buildings.
  • Ten individual units generating a diversified income stream.
  • Asking price: $3,990,000, with a 7.57% capitalization rate.
  • Ample rear parking (4.71 spaces per 1,000 sq ft).
  • Single-story Class B building, built in 1980.

Property Details for 100-118 Main St

Property type
Retail properties, Retail space
Square Feet
12,758 SF
Class
B
Year Built
1980
Stories
1
Lot Size (sq. ft)
43,560 SF

Location Insight

City
Barrington
County
Greenville
State
Illinois

FAQs

What type of property is this?
Retail property - Downtown Barrington, 10-unit storefront
Where is the retail property located?
The property is located at 100-118 Main St Barrington, IL.
What is the asking price?
The asking price for this property is $3,990,000.
What are key features of this property?
This property features: Fully occupied, multi-tenant retail property in downtown Barrington, IL.; 12,758 square feet on a one-acre lot, comprised of two adjacent buildings.; Ten individual units generating a diversified income stream.
How can I contact the broker?
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100-118 Main St
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