207 Cook StBarrington, IL 60010

Property Details for 207 Cook St

Year built

1899

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.10 AC

Property size (Sq ft)

2,224 SF

Property type

Residential income homes

Property subtype

Small apartment buildings

APN

01-01-105-004

APU

101105004

Description

This exceptional 2,800 square foot storefront, located at 207-209 S Cook St in Barrington, IL 60010, presents a remarkable investment opportunity. The property is currently vacant, offering immediate occupancy for a new tenant. Situated in the heart of downtown Barrington, this two-story building benefits from high foot and vehicle traffic, ensuring excellent visibility and accessibility. The B-4 zoning permits a variety of commercial uses, making it ideal for a diverse range of businesses. The asking price is $450,000, translating to $160.71 per square foot. The entire 2,800 square feet is net rentable, providing ample space for operations. This property represents a rare chance to establish a thriving business in a vibrant and established downtown area. Its prime location and adaptable space make it an attractive proposition for entrepreneurs seeking a strong foothold in the Barrington market. The Cook County location offers easy access to major transportation routes and a thriving local community. Don't miss this chance to secure a prominent presence in a highly desirable commercial district.

• CAP approach

  CAP return

  Valuation

  6%

  $497,946

  6.5%

  $459,643

  7%

  $426,811

• Comparable approach

  Method

  Valuation

  Relative Method

  $349,971

  Geo Method

  $448,998

• Alternative Use

  Use

  Valuation

  Residential

  $459,643

  Hospitality

  $421,030

  Educational

  $350,292

  Medical

  $362,339

  Retail

  $544,899

Location Insight

City

Barrington

County

Cook

State

Illinois

Latitude

42.1529

Longitude

-88.1346

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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