Listed by Chicagoland Commercial Real Estate
$1,375,000
135 Park Ave - Multi-Tenant Retail/Office Building
Details
Property Type Retail, Office
Sub Type Executive Office
Square Footage 12,264
NOI $88,675
Occupancy 80%
Tenancy Multi
Price per SqFt $112
Year Built 1948
Year Renovated 2025
Stories 2
Acreage 0.147
Investment Type Value Add
135 Park Ave, Barrington, IL 60010
Marketing description
12,264 SF Multi-Tenant Retail & Office Building For Sale. Current Occupancy: 80%. Existing NOI: $88,675. Opportunity for user to occupy space. Located in the Heart of Downtown Barrington!
Investment highlights
- 12,264 SF Multi Tenant Mixed Use Office/Retail Building for Sale
- Recent renovations Include: New paint, lighting & flooring in the Common Areas & extensive refresh of many tenant suites (2025)
- Retail or office Space available ranging from 141- 1,397 SF
- Located in the heart of Downtown Barrington at Park Ave & Main Street. 1/2 block East of Route 59 (Hough St.)
- Barrington Metra Train Station located steps away from property
- Abundant Parking - Municipal Lots, On Street Parking & Underground Spaces
- Close Proximity to shopping and Restaurants
- New Chicago Bears Stadium or other development 2 train stops away!
- Existing leases in place providing over $175,000 in existing gross income
- Building Signage Available
- Visit our website for 3-D Virtual Tours of select suites & common area
- Ideal opportunity for a user/investor (Many leases are month to month providing a buyer chance to occupy space as needed)
- Current Occupancy 80%
- Current Net Income $88,675
Listing Contacts
Listed by Chicagoland Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$88,675.00
$7,389.58/mo
Valuation Metrics
0
DSCR
6.45%
Cap Rate
6.45%
ROI
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