108 Northwest Hwy - Fast Food FOR SALE


Barrington, IL 60010
$500,000 USD
312-957-7205
108 Northwest Hwy, Barrington, IL for Sale
$500,000 USD
Fast Food - FOR SALE
1/4
null | Request Cap Rate

108 Northwest Hwy
Barrington, IL 60010


HIGHLIGHTS

  • Value-Add Opportunity
  • Strategic Retail Location
  • High Traffic Counts
  • Strong Demographics

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$500,000 USD

PRICE/SF

$270 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,019 SF

ZONING

-

APN/PARCEL ID

01-01-201-027-0000

ASK ABOUT THIS PROPERTY

Corbin SchwartzHorvath & TremblayMore Info
312-957-7205

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Corbin SchwartzHorvath & TremblayMore Info
312-957-7205

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.