110 Hager AveBarrington, IL 60010

Property Details for 110 Hager Ave

Year built

1979

Lot size

0.30 AC

Property type

Retail space

Property subtype

Storefront properties

APN

01-02-201-024

APU

102201024

Description

The Barrington Executive Center, a Class B office building in Cook County, offers flexible executive office suites ideal for businesses of all sizes. Built in 1970 and extensively renovated in 2021, this two-story building boasts 10,800 square feet of total space, with 1,800 square feet currently vacant. Units range from a minimum of 180 square feet to a maximum contiguous space of 3,600 square feet, accommodating diverse business needs. The 2021 renovations included upgrades to common areas, new LED lighting, updated flooring, improved signage, and a refreshed parking lot. Ample surface parking is available with 19 spaces. The building features operable windows in many units, promoting natural light and efficient layouts. Conveniently located near restaurants, shopping, and the Metra train, this property offers excellent accessibility. Additional amenities include high-end finishes, ADA-compliant restrooms, exterior signage availability, and access to a common area kitchen. All-inclusive executive suites (180-400 sq ft) are available, with rental rates including HVAC, janitorial services, electricity, and Wi-Fi. High-speed internet and Comcast cable are also available. The building is situated across from Barrington High School. New ownership has overseen significant building improvements, creating a modern and functional workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $3,503,622

  6.5%

  $3,234,113

  7%

  $3,003,105

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,377,067

  Geo Method

  $4,332,636

• Alternative Use

  Use

  Valuation

  Residential

  $2,728,096

  Hospitality

  $2,498,921

  Educational

  $2,079,073

  Medical

  $2,150,575

  Retail

  $3,234,113

Location Insight

City

Barrington

County

Cook

State

Illinois

Latitude

42.1535

Longitude

-88.1456

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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