33 W Higgins Rd, South Barrington, IL 60010 For Sale

The "South Barrington Office Center" (property) presents investors with the opportunity to acquire a well-stabilized, cash-flowing, single-story suburban office portfolio in one of Chicago's most affluent Northwest communities. The property is comprised of Ten single-story buildings totaling 108,340 square feet across 63 individual suites, situated on 10.87 acres of land fronting Higgins Road, with direct line-of-sight visibility to Interstate 90, which views over 100,000 cars per day. The investment opportunity is currently ninety-four (94%) percent leased to a diverse mix of medical, professional, and service-oriented tenants, offering a durable income stream with tenants committed until 2027 at the earliest.

Listed at $9,900,000 ($91 PSF), the investment provides an attractive 9.40% going-in cap rate and a 10.16% leveraged cash-on-cash return based on a yearly (12-month forward) NOI of$930,280. Conservative financing assumptions with a 65 percent loan-to-value ratio and a 1.71 times DSCR further strengthen the property's stable cash flow profile. The current rent roll demonstrates consistent tenant demand and retention, supported by recent leasing success and well-balanced lease expirations.