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18673181
18673182

237 E Main St, Barrington, IL 60010

JB
IL IL475170841
RE/MAX Suburban
Listed by RE/MAX Suburban
$525,000
701 days on market
Updated 69 days ago

237 E Main St , Barrington, IL 60010

Details
APN 01011030010000
Property Type Retail
Sub Type Shopping Center, Storefront (+1)
Square Footage 2,200
Net Rentable (SqFt) 1,600
Units 2
Occupancy 30%
Tenancy Multi
Lease Type Gross
Price per SqFt $239
Broker Co-Op Yes
Class A
Year Built 1956
Year Renovated 2022
Buildings 1
Acreage 0.104
Zoning B-5
Investment Type Owner/User
Tenant Credit No Credit Rating

Prime downtown Barrington retail/office with high visibility, flexible units, and ample parking.

Marketing description

Seize the opportunity to own a highly visible retail/office building in the bustling heart of downtown Barrington. This well-maintained, all-brick property offers flexibility and high foot traffic, making it perfect for service or retail businesses. The building currently features two units: a 1,546 SF unit on the main floor, which is owner-occupied and will be vacant upon closing, and a 620 SF unit leased to "Grand Frame" with four years remaining on their lease. Additionally, there is a 400 SF unit on the second floor. The 1,546 SF unit has the potential to be divided, allowing for a third unit if desired. The property includes ten convenient parking spots in front of the building, with additional parking available in a nearby village-owned lot by permit. Its prime downtown location ensures exceptional visibility, attracting attention from both pedestrians and drivers. This property's strategic location and structural integrity offer a unique opportunity for investors and business owners alike. Don't miss out on this prime downtown Barrington location.

For full property details and unit breakdown visit: https://jasoncre.com/237-e-main-st-barrington-il/

Investment highlights

Prime Downtown Location

  • Located in the bustling heart of downtown Barrington, ensuring high visibility and foot traffic.

  • Exceptional visibility from both pedestrians and drivers.

Well-Maintained Property

  • All-brick building offering structural integrity and aesthetic appeal.

  • Flexibility for service or retail businesses.

Current Tenants and Leasing Details

  • 1,546 SF unit on the main floor, owner-occupied, to be vacant upon closing.

  • 620 SF unit leased to "Grand Frame" with four years remaining on the lease.

  • Additional 400 SF unit on the second floor.

Potential for Unit Division

  • The 1,546 SF unit on the main floor has the potential to be divided, creating a third unit.

Parking Availability

  • Ten convenient parking spots in front of the building.

  • Additional parking available in a nearby village-owned lot by permit.

Investment Opportunity

  • High foot traffic area perfect for retail or service businesses.

  • Strategic downtown location ensuring ongoing demand and visibility.

Summary

  • Seize the opportunity to own a highly visible retail/office building in downtown Barrington. This property offers significant flexibility, strategic location, and the potential for increased rental income through unit division. Ideal for investors and business owners seeking a prime location with structural integrity and high visibility.

Listing Contacts

JB
IL IL475170841
RE/MAX Suburban
Listed by RE/MAX Suburban

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Additional Information

Name
Jason Bitton
License
IL475170841
Brokerage
RE/MAX Commercial
Brokerage Phone
8478582909
Title
Real Estate Broker
Brokerage Address
1344 South Milwaukee Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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