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Mixed-Use

Barrington Commons Plaza

125 Barrington Commons Ct, Barrington, IL 60010

Listing Price: $3,650,000

Cap Rate
7.46%
Number of Suites
16
Gross SF
28,693
Rentable SF
28,693
Price/Gross SF
$127.21
Lot Size
1.48 acres
Year Built
1980

Investment Overview

Barrington Commons Plaza is a 28,693-square-foot mixed-use retail and office property located in the affluent northwest suburban Chicago community of Barrington, Illinois. The property, built in 1980, features a diversified tenant mix of neighborhood retail, service, wellness, medical, and professional office users, with the retail component currently fully occupied. The asset is approximately 89 percent occupied overall, with remaining vacancy concentrated in the office component, providing investors with near-term lease-up upside.

The property, listed for $3,650,000, generates approximately $272,135 in Net Operating Income equating to a 7.46 percent cap rate and $127 per square foot.

Barrington’s affluent demographics further support the investment. The community has an estimated population of approximately 11,077 residents, median household income of approximately $147,989, median owner-occupied housing value of approximately $582,500, and 68 percent of adults holding a bachelor’s degree or higher. These fundamentals, combined with the property’s stable retail tenancy and office lease-up upside, position Barrington Commons as a compelling suburban mixed-use investment opportunity.

Investment Highlights

  • List price $3,650,000, Cap rate of 7.46, Per Square Foot of $127.21
  • Barrington, Illinois: Median household income of $148,000 and median home values exceeding $580,000.
  • Diversified Tenant Roster – Childcare, restaurant, salon, fitness, dental, wellness, insurance, legal, and professional office users.
  • Value-Add Lease-Up Opportunity – Approximately 3,160 square feet of office vacancy provides immediate Net Operating Income growth potential.
  • Needs-Based Service Tenancy – Tenant mix is driven by daily services and recurring consumer demand rather than discretionary retail spending.
  • 89 Percent Occupied Mixed-Use Asset
  • Long-Term United States Postal Service Tenancy - significant foot traffic driver

Exclusively Listed By

  • David Tarnoff

    Senior Managing Director Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

Mixed-Use

Barrington Commons Plaza

Listing Price: $3,650,000

Cap Rate
7.46%
Number of Suites
16
Gross SF
28,693
Rentable SF
28,693
Price/Gross SF
$127.21
Lot Size
1.48 acres
Year Built
1980

Investment Highlights

  • List price $3,650,000, Cap rate of 7.46, Per Square Foot of $127.21
  • Barrington, Illinois: Median household income of $148,000 and median home values exceeding $580,000.
  • Diversified Tenant Roster – Childcare, restaurant, salon, fitness, dental, wellness, insurance, legal, and professional office users.
  • Value-Add Lease-Up Opportunity – Approximately 3,160 square feet of office vacancy provides immediate Net Operating Income growth potential.
  • Needs-Based Service Tenancy – Tenant mix is driven by daily services and recurring consumer demand rather than discretionary retail spending.
  • 89 Percent Occupied Mixed-Use Asset
  • Long-Term United States Postal Service Tenancy - significant foot traffic driver

Investment Overview

Barrington Commons Plaza is a 28,693-square-foot mixed-use retail and office property located in the affluent northwest suburban Chicago community of Barrington, Illinois. The property, built in 1980, features a diversified tenant mix of neighborhood retail, service, wellness, medical, and professional office users, with the retail component currently fully occupied. The asset is approximately 89 percent occupied overall, with remaining vacancy concentrated in the office component, providing investors with near-term lease-up upside. The property, listed for $3,650,000, generates approximately $272,135 in Net Operating Income equating to a 7.46 percent cap rate and $127 per square foot. Barrington’s affluent demographics further support the investment. The community has an estimated population of approximately 11,077 residents, median household income of approximately $147,989, median owner-occupied housing value of approximately $582,500, and 68 percent of adults holding a bachelor’s degree or higher. These fundamentals, combined with the property’s stable retail tenancy and office lease-up upside, position Barrington Commons as a compelling suburban mixed-use investment opportunity.

Exclusively Listed By

  • David Tarnoff

    Senior Managing Director Investments

    (312) 624-7017

    Email David

    License(s): IL: 471.009921, WI: 50698-94, IN: RB14050851

    Chicago Downtown

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