108 Northwest Hwy
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108 Northwest Hwy
1,850 SF Retail Building Barrington, IL 60010 $703,200 CAD ($380 CAD/SF)
Investment Highlights
- Value-Add Opportunity
- High Traffic Counts
- Strategic Retail Location
- Strong Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase an investment property located at 108 S Northwest Highway (US Route 14) in Barrington, Illinois (the “Property”). The Property is occupied on a month-to-month basis, and the tenant has given notice that they will vacate the premises. The Property is strategically located at the signalized intersection of E Main Street and S Northwest Highway (US Route 14), the area’s primary commercial corridor. The trade area is centered around the Barrington Metra Station, which is 0.3-miles away and features a Jewel-Osco, and several shopping centers and national retailers and restaurants that drive traffic to the area. The location is within 1-mile of Barrington High School, Middle School and Elementary School and is surrounded by affluent residential neighborhoods providing a robust consumer base. Barrington is part of the Chicago Metropolitan area and is located 40 miles northwest of Chicago.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,850 SF
Building Class
B
Year Built
1974
Price
$703,200 CAD
Price Per SF
$380 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Land Acres
0.23 AC
Parking
9 Spaces
Frontage
114 ft on North Northwest Highway
Amenities
- Corner Lot
Walk Score ®
Very Walkable (88)
PROPERTY TAXES
Parcel Number | 01-01-201-027-0000 | Improvements Assessment | $133,481 CAD |
Land Assessment | $88,284 CAD | Total Assessment | $221,764 CAD |
PROPERTY TAXES
Parcel Number
01-01-201-027-0000
Land Assessment
$88,284 CAD
Improvements Assessment
$133,481 CAD
Total Assessment
$221,764 CAD
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108 Northwest Hwy
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