28960 W Northwest Highway Lake Barrington, IL $ 1,990,000
28960 W Northwest Highway
$ 1,990,000
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28960 W Northwest Highway

Lake Barrington, IL, 60010
$ 1,990,000
Baths0.0 Sq 19,020

Monthly Estimate*

$ 13,901

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Studio

Commercial Property for sale in Lake Barrington, IL

for $1,990,000. This 19,020 square foot building was built in 2002 on a lot size of 2.55.

Fantastic business location with great signage visibility - 2.5 acre lot with unique work/live space in sought after Lake Barrington. Originally designed for an interior design retail store, now awaits your next business venture. First floor of store includes 5500 square feet of open space with dividing walls that can be removed or kept up for separate rooms, two restrooms, private office, picturesque views from floor to ceiling windows - perfect for a multiple of uses from showroom, offices, medical services.... The lower level is 4000 square feet and offers large warehouse space, a refinishing room, large overhead door and two restrooms. Outdoor parking includes 17 spaces on the upper level and 14 on the lower level. Commercial space transitions into a residential property on main floor. This can bring work/life balance a whole new meaning or be incorporated into additional work space or rental income possibilities. The attached home has 4 bedrooms, 2 full bath and 2 1/2 baths. Huge designer kitchen is the focal point of this home followed by surrounding windows pouring in endless sunlight. Elegant appointments throughout the home include marble floors, custom millwork, large sunroom, stone fireplace and 9 foot ceilings. The lower level is a car lovers dream with space for 10 cars, large overhead doors and workshop space. No one will ever know the home is attached to the store as luscious greenery and woods hide the home very well. Use your imagination here - The possibilities are endless for this property.

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Commercial Active

Price

$ 1,990,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 27,910

Style

Lot Size

2.55

Year Built

2002

Town/City

Lake Barrington

County/Region

Lake

MLS | Web ID

12037218

Features
General
Cooling Central Air Zoned
Construction Materials Brick
Year Built 2002
Electric Circuit Breakers Service - 101 to 200 Amps Power - 240V Three Phase
Tenant Pays Varies by Tenant
Stories 2
Township Cuba
Property SubType Mixed Use
Tax Year 2022
Gross Income 0
County Lake
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Industrial Office and Research Multi-Family Retail Special Use
Status Active
Directions On Northwest Highway between Kelsey Road and Route 22 on east side of highway.
City Lake Barrington
Total Units 3
MLS Area Barrington Area
Lot Size Square Feet 111078
Street Name Northwest
Tax Annual Amount 27910
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 5
Standard Status Active
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Interior
Flooring Carpet Concrete Other
Street Suffix Highway
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Exterior
Building Area Total 19020
Lot Dimensions 284X379X236X127X270
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* Excluded Features
List By
Compass

Broker

Cristina.panagopoulos@compass.com;cristina.panagopoulos@compass.com

Email

Affordability Calculator

$16,227
Per Month
86%
14%
0%
Monthly Principal & Interest
$13,901
Monthly Property Taxes
$2,326
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2024$1,990,000 Listed Price

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28960 W Northwest Highway, Lake Barrington, IL, 60010 is a Commercial Property for sale at $1,990,000 with 19,020 sqft and a lot size of 2.55. 28960 W Northwest Highway is a studio with 0.0 baths and was built in 2002. The property's zip code is 60010 which is in Lake Barrington, IL