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23308990
23308992

206 N Cook St, Barrington, IL 60010 For Sale

BT
IL 471008459
RE/MAX AT HOME
Listed by RE/MAX AT HOME
$3,495,000
437 days on market
Updated 24 days ago

The Old Motor Werks Site in Downtown Barrington

Details
APN 13363130100000
Property Type Land, Mixed Use (+2)
Sub Type Apartment Building, Residential (+1)
Square Footage 20,000
NOI $57,896
Year Built 1985
Year Renovated 2000
Buildings 1
Stories 1
Lot Size (SqFt) 87,697
Zoning B4
Investment Type Redevelopment
Occupancy Date 05/08/2025
Ownership Corporation

Land | 87,697 SqFt

Marketing description

An Iconic Piece of Barrington's History - Now Available This landmark site is deeply woven into the fabric of Barrington's heritage. It was here in 1974 that the founder of Motor Werks began his remarkable journey, laying the foundation for what would become one of the largest, most respected and successful automotive dealerships in the nation. The property radiates a legacy of achievement, optimism, and community spirit. Exceptional Investment Opportunity in the Heart of Downtown Barrington. Rarely available, this 2.2-acre site sits in one of the most desirable locations in the northwest suburbs. Its potential is limitless-ideal for a luxury boutique hotel, upscale residential development, or a dynamic mixed-use project with retail at street level and residences above. The Village of Barrington is highly receptive to innovative, high-quality development and welcomes collaboration with visionary developers committed to enhancing the downtown experience. Seize this rare opportunity to shape the future of one of Chicagoland's most prestigious downtown districts.

Investment highlights

Fantastic site in the heart of Downtown Barrington. Ready for redevelopment and the village is eager to work with the future owner to develop a mixed-use, residential & retail, boutique hotel, multifamily..etc.

Listing Contacts

BT
IL 471008459
RE/MAX AT HOME
Listed by RE/MAX AT HOME

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$57,896.00
$4,824.67/mo

Valuation Metrics

0
DSCR
1.66%
Cap Rate
1.66%
ROI

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