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237 E Main St 2,200 SF 100% Leased Retail Building Barrington, IL 60010 $719,465 CAD ($327.03 CAD/SF)
Investment Highlights
- Prime Downtown Location: Highly visible in downtown Barrington.
- Ample Parking: Ten spots plus nearby village lot by permit.
- Established Tenant: "Grand Frame" with a stable 4-year lease remaining.
- Flexible Units: Potential for unit division for additional rental income.
- Well-Maintained: All-brick property with structural integrity.
Executive Summary
Seize the opportunity to own a highly visible retail/office building in the bustling heart of downtown Barrington. This well-maintained, all-brick property offers flexibility and high foot traffic, making it perfect for service or retail businesses. The building currently features two units: a 1,546 SF unit on the main floor, which is owner-occupied and will be vacant upon closing, and a 620 SF unit leased to "Grand Frame" with four years remaining on their lease. Additionally, there is a 400 SF unit on the second floor. The 1,546 SF unit has the potential to be divided, allowing for a third unit if desired. The property includes ten convenient parking spots in front of the building, with additional parking available in a nearby village-owned lot by permit. Its prime downtown location ensures exceptional visibility, attracting attention from both pedestrians and drivers. This property's strategic location and structural integrity offer a unique opportunity for investors and business owners alike. Don't miss out on this prime downtown Barrington location.
Financial Summary (Actual - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$44,763
|
$20.35
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$44,763
|
$20.35
|
| Taxes |
$17,833
|
$8.11
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$17,833
|
$8.11
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $44,763 |
| Annual Per SF | $20.35 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $44,763 |
| Annual Per SF | $20.35 |
| Taxes (CAD) | |
|---|---|
| Annual | $17,833 |
| Annual Per SF | $8.11 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $17,833 |
| Annual Per SF | $8.11 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
C
Year Built
1930
Price
$719,465 CAD
Price Per SF
$327.03 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.10 AC
Zoning
B-5 - Retail/Office (Village Center East District )
Parking
10 Spaces (4.55 Spaces per 1,000 SF Leased)
Frontage
73’ on Lake Cook Rd
Amenities
- 24 Hour Access
- Corner Lot
- Tenant Controlled HVAC
- Accent Lighting
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 01-01-103-001-0000 | Total Assessment | $144,578 CAD (2025) |
| Land Assessment | $30,985 CAD (2025) | Annual Taxes | $17,833 CAD ($8.11 CAD/SF) |
| Improvements Assessment | $113,593 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
01-01-103-001-0000
Land Assessment
$30,985 CAD (2025)
Improvements Assessment
$113,593 CAD (2025)
Total Assessment
$144,578 CAD (2025)
Annual Taxes
$17,833 CAD ($8.11 CAD/SF)
Tax Year
2026
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237 E Main St
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