28662 W Northwest Highway Lake Barrington, IL $ 2,300,000
28662 W Northwest Highway
$ 2,300,000
Recently Listed New Construction
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28662 W Northwest Highway

Lake Barrington, IL, 60010
$ 2,300,000
Bedrooms-- Baths-- Sq 12,655

Monthly Estimate*

$ 14,522

28662 W Northwest Highway, Lake Barrington, IL 60010 - Image 1
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Commercial Property for sale in Lake Barrington, IL

for $2,300,000. This 12,655 square foot building was built in 2003 on a lot size of 2.81.

GREAT OPPORTUNITY WITH 340 FT. OF RT. 14 (Northwest Hwy) FRONTAGE IN LAKE BARRINGTON. CLOSE TO GOOD SHEPHERD ADVOCATE HOSPITAL, DOWNTOWN BARRINGTON AND FOX RIVER GROVE. UNIQUE DESIGN HAS HIGH VISIBILITY RETAIL SPACE AS WELL AS AN OFFICE/MEDICAL SEPERATE BUILDING THAT IS HANDICAP ACCESSIBLE AND PLENTY OF PARKING. COULD ALSO BE CONVERTED TO RETAIL, RESTAURANT ETC. THE FULL MOTION VIDEO HIGH VISIBILTY SIGN RECENTLY INSTALLED PROVIDES REAL-TIME ADVERTISING FOR TENANTS. THERE IS ALSO SPACE FOR AN OUTLOT TO BE BUILT AND ADDITIONAL PARKING AND OFFICE SPACE IN THE REAR. GOOD MIX OF TENANTS WITH A GOOD CAP RATE 7%.

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Commercial Active

Price

$ 2,300,000

Property Type

Commercial

Taxes

$ 25,701

Style

Retail

Lot Size

2.81

Year Built

2003

Town/City

Lake Barrington

County/Region

Lake

MLS | Web ID

12714742

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Construction Materials Brick Concrete Block Steel Siding
Year Built 2003
Electric Circuit Breakers
Stories Count 1
Township Cuba
Tax Year 2025
Current Use Commercial Medical/Dental
Gross Income 179400
Business Type Retail
Assoc Fee Paid Per Not Applicable
County Lake
Net Operating Income 165000
Operating Expense 10000
Property Type Commercial Sale Retail/Stores
Status New
Directions Northwest Hwy to Hillview right to property entrance
City Lake Barrington
Number Of Units Total 14
MLS Area Barrington Area
Lot Size Square Feet 122234
Tax Annual Amount 25701
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
Cap Rate 7
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Interior
Flooring Concrete Other
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 12655
Lot Dimensions 340X316X425X285
Lot Size Acres 2.81
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* Excluded Features
List By
Baird & Warner

Broker

johntrandel@aol.com

Email

Affordability Calculator

$16,664
Per Month
87%
13%
0%
Monthly Principal & Interest
$14,522
Monthly Property Taxes
$2,142
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/4/2026$2,300,000 Listed Price

Map


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28662 W Northwest Highway, Lake Barrington, IL, 60010 is a Commercial Property for sale at $2,300,000 with 12,655 sqft and a lot size of 2.81. 28662 W Northwest Highway was built in 2003. The property's zip code is 60010 which is in Lake Barrington, IL