215 S Northwest Highway, Barrington, IL 60010
sale
$999,000
|
Mixed Use
Courtesy Of Keller Williams Success Realty
Introducing a prime investment opportunity at 215 & 217 S Northwest Highway in Barrington, IL. This mixed-use property boasts a sought-after location on Route 14, just moments from Downtown Barrington and the Metra Train Station. With the Village of Barrington's approval for second-floor residential unit conversion, this property offers a lucrative chance to expand rental income. Featuring ample parking and high visibility, the site is currently zoned for diverse commercial use, such as retail, office space, or mixed-use development. Currently comprised of 9 office units, including 4 on the main level and the option to convert the 2nd level into 7 apartments with architectural design approved for two - 2 bedroom units and 5 one bedroom units , this property presents a versatile investment opportunity in a rapidly growing market. The building's potential for additional income streams and flexible usage makes it an ideal option for investors seeking long-term growth and profitability. Don't miss out on this chance to own a property with promising returns in a thriving area of Barrington's business district.
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Property Features
- Age: 31-40 Years Old
- Architecture Style: Other
- Building Units: 9
- Cooling System: Central Air
- MLSID: 12420573
- Roof Type: Composition
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