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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

DOWNTOWN BARRINGTON TWO-UNIT BUILDING — OWNER-USER + BUILT-IN INCOME — $525,000
Highly visible all-brick retail/office building in the heart of downtown Barrington. Two units: a 1,546 SF two-story unit (main floor + upper level connected by internal stairs) delivered vacant at closing — move your business in — and a 620 SF ground-floor unit leased to Grand Frame with four years remaining, producing income from day one. Main Street carries approximately 10,050 vehicles per day (Illinois Department of Transportation, 2025 average annual daily traffic), and the sidewalk carries the kind of foot traffic only an established village downtown generates.
WHY THIS BUILDING WORKS
The classic owner-user equation: occupy the larger unit, let the leased unit pay down the mortgage. At $525,000 in downtown Barrington — one of the most desirable village centers in the northwest suburbs, with an affluent customer base and the Metra station a short walk away — this is an ownership price point that almost never appears on Main Street. B-5 Village Center East zoning supports retail, restaurant, office, medical and personal-service uses by right, and even permits dwelling units above the first floor — a live/work or future upper-floor apartment path (buyer to verify build-out requirements).
THE PROPERTY
2,200 SF total, all-brick, two units. Unit 1: 1,546 SF across two connected floors — vacant at closing, ready for an owner's business or a new tenant. Unit 2: 620 SF ground-floor retail leased to Grand Frame — 4 years remaining. 10 dedicated parking spots plus village lot by permit. Buyer to verify all lease terms, measurements and condition in due diligence.
LOCATION
Downtown Barrington blends boutique retail, dining and professional services around the Metra station, drawing from Barrington, Barrington Hills, South Barrington, North Barrington, Inverness and Tower Lakes — one of the highest household-income trade areas in Illinois. E Main Street is the front door of the village's commercial core.
IDEAL FOR
Owner-user, owner-occupant business, investor with income in place, 1031 exchange buyer, live/work buyer, boutique, retail store, retail goods establishment, gift shop, jewelry store, apparel store, home goods store, frame shop, art gallery, art studio, art school, craft school, antique store, bookstore, stationery store, personal services, hair salon, beauty salon, nail salon, spa, barbershop, restaurant, full-service restaurant, quick-serve restaurant, carry-out restaurant, cafe, coffee shop, bakery, ice cream shop, outdoor dining cafe, catering establishment, professional office, law office, attorney, accounting office, CPA, financial advisor, wealth management, insurance agency, real estate office, corporate headquarters office, medical office, dental office, orthodontist, dermatology, therapy practice, counseling office, photography studio, academy, tutoring center, small theater (75 seats or less), travel agency, tailor, shoe repair, home improvement services, mail service business, financial institution (no drive-through), tavern (special use), wine bar (special use), microbrewery or winery tasting room (special use), bed and breakfast (special use), day care center (special use), nursery school (special use), veterinary office (special use), cultural facility (special use), downtown Barrington commercial, Main Street storefront, Barrington retail building for sale, Cook County owner-user building, mixed-use building.
PROPERTY FACTS
2,200 SF all-brick two-unit building. $525,000. 1,546 SF two-story unit vacant at closing + 620 SF unit leased to Grand Frame (4 years remaining). 10 dedicated parking spaces + village lot by permit. Approx. 10,050 VPD on Main St (IDOT 2025). Zoned B-5 Village Center East District, Village of Barrington. 237 E Main St, Barrington, Cook County, IL 60010.
Contact Jason Bitton — RE/MAX Commercial — 847-858-2909 — Jason@JasonCRE.com
ZONING: B-5 VILLAGE CENTER EAST DISTRICT
Village of Barrington Zoning Ordinance (district confirmed on the Village's official zoning map and GIS, effective April 14, 2025). Permitted uses are allowed by right. Special uses require village review and approval and are not guaranteed. Verify all uses independently with the Village of Barrington before purchase. Broker makes no representation as to approvability of any use.
PERMITTED USES (BY RIGHT) INCLUDE: Retail goods establishments. Retail assembly and repair establishments. Personal services establishments. Restaurants — full-service sit-down, quick-serve, and carry-out only (no drive-through), with accessory outdoor dining (outdoor cafe license). Catering establishments. Offices — professional, medical/dental, corporate headquarters, government. Financial institutions without drive-through facilities. Dwelling units above the first floor. Art studios. Art or craft schools. Academies. Photography studios. Theaters with 75 seats or less. Home improvement services. Tailoring shops. Shoe repair shops. Travel agencies. Mail service businesses (2,000 SF or less). Outside display of merchandise (subject to code conditions). Accessory food uses. Underground or below-building parking.
SPECIAL USES (VILLAGE APPROVAL REQUIRED) INCLUDE: Taverns. Restaurants with drive-through facilities. Drive-through facilities associated with any use. Microbrewery / distillery / winery, retail. Bed and breakfast establishments. Day care centers. Nursery schools. Veterinary offices. Multiple-family dwellings. Senior/group housing — assisted living and independent living. Hotels/motels. Theaters with more than 75 seats. Billiards halls. Cultural facilities. Community centers. Funeral homes. Dry cleaning / commercial laundry facilities. Licensed massage establishments. Commercial parking garages or lots. Places of public assembly. Planned developments.

Financial Summary (Actual - 2026)

Annual Annual Per SF
Gross Rental Income $32,664 $14.85
Other Income - -
Vacancy Loss - -
Effective Gross Income $32,664 $14.85
Taxes $13,013 $5.92
Operating Expenses - -
Total Expenses $13,013 $5.92
Net Operating Income - -

Financial Summary (Actual - 2026)

Gross Rental Income
Annual $32,664
Annual Per SF $14.85
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $32,664
Annual Per SF $14.85
Taxes
Annual $13,013
Annual Per SF $5.92
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $13,013
Annual Per SF $5.92
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,200 SF
Building Class
C
Year Built
1930
Price
$525,000
Price Per SF
$238.64
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

BMO
Egg Harbor Cafe
Charles Schwab
Yoga Six
Jewel-Osco
Heinen's Grocery Stores
Club Pilates
Jazzercise
Giraffe
Chase Bank

Property Taxes

Property Taxes

Parcel Number
01-01-103-001-0000
Land Assessment
$22,610 (2025)
Improvements Assessment
$82,890 (2025)
Total Assessment
$105,500 (2025)
Annual Taxes
$13,013 ($5.92/SF)
Tax Year
2026
  • Listing ID: 32323727

  • Date on Market: 7/2/2024

  • Last Updated:

  • Address: 237 E Main St, Barrington, IL 60010

Contact the Sale Advisor

237 E Main St

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