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Jorel Kilcullen

jorelkilcullen@gmail.com +1(815) 790-4276

$3,600,000

Est. payment - /mo

28,600 SqFt

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Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 28,600 sqft

Price per Sqft $125

MLS Listing ID 12507548

Year Built 1970

Annual Tax Amount $88,435

Tax Year 2023

Lot Dimensions 300X500

Property Sub-Type Retail/Stores

Property Description

Total rent is $457K Gross income. 8.5 CAP Rate Retail/office building in the heart of Barrington. Anchored by the USPS as well as many long term tenants. Fully leased retail with small vacancy in the office spaces. Ideal turn key investment. 28,650 square foot with an additional 6,000 square foot basement, ideally located in downtown Barrington, Illinois. Healthy mix of both retail and office tenants. The retail component is anchored by the United States Post Office, ensuring consistent foot traffic and long-term tenancy stability. Other tenants include a salon, bakery, nail studio, photo studio, ecord store, martial arts studio, and deli. The second floor is home to a variety of professional office users.

Location

State IL

County Lake

Area Barrington Area

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Retail/Stores

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Listed by Dan Stratis of @properties Commercial

Nearby School & Business

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Jorel Kilcullen

+1(815) 790-4276

Broker | License ID: 478.026444

Broker License ID: 478.026444

106 Barrington Commons CT Barrington, IL 60010

Jorel Kilcullen

Key Details

Location

Interior

Building

Nearby School & Business

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