417 N Hough St 3,375 SF Office Building Barrington, IL 60010 $649,000 ($192.30/SF)

Premier owner-user or investment opportunity in the heart of downtown Barrington. Located at 417 N. Hough Street, this approximately 3,375 sq. ft. freestanding building features highly desirable B-R (Business/Residential) zoning, allowing for a wide variety of professional office, boutique commercial, service, or residential uses.
Positioned along Barrington’s primary commercial corridor with strong visibility and convenient access, the property is within walking distance to the Barrington Metra Line, downtown retail, restaurants, cafés, banks, and municipal services—making it an ideal location for professionals seeking accessibility for both clients and employees.
Currently used as a residential property. Previously home to the law offices of Thomas Hunter, the building offers a functional and flexible layout suitable for attorneys, financial advisors, therapists, medical or wellness practitioners, consultants, boutique firms, or live/work users. Existing space includes multiple private offices, conference areas, reception space, and adaptable work areas with the potential for additional customization.
The property combines the charm and presence of a classic Barrington structure with practical business advantages including dedicated rear parking for multiple vehicles, strong street presence, and signage. Surrounded by established businesses, affluent residential neighborhoods, and excellent community amenities, this location supports both professional image and long-term value.
Rare opportunity to acquire a versatile B-R-zoned Broker owned property in one of Barrington’s most sought-after downtown locations.
6% Seller Credits! 3.5%. Initial 30-Year Fixed Mortgage Rate* on purchase of 417 N. Hough St in Barrington, IL.
This is a rare opportunity to purchase one of Barrington's most desirable properties with a powerful financing advantage.
With a 3/2/1 Buydown, qualified buyers can start with an interest rate 3% lower than the full note rate in Year 1, 2% lower in Year 2, and 1% lower in Year 3, creating substantial savings during the first 3 years of ownership.
For buyers of 417 N. Hough St Barrington property, seller credits may be used to fund the buydown cost, helping reduce upfront expenses while preserving the property's value.
Estimated Savings Example*
Property Price: $674,900
Loan Amount: $539,920 (80% LTV)
30-Year Fixed Mortgage
Full Note Rate: 6.50%*
Year 1 – 3.50% Rate
Estimated Monthly Principal & Interest: $2,388
Buyer's Estimated Monthly Savings: $994
Buyer's Estimated Annual Savings: $11,928
Year 2 – 4.50% Rate
Estimated Monthly Principal & Interest: $2,866
Buyer's Estimated Monthly Savings: $516
Buyer's Estimated Annual Savings: $6,192
Year 3 – 5.50% Rate
Estimated Monthly Principal & Interest: $3,030
Buyer's Estimated Monthly Savings: $352
Buyer's Estimated Annual Savings: $4,224
Year 4-30 – 6.50% Rate
Buyer's Estimated Monthly Principal & Interest: $3,382
Buyer's Total Estimated Savings Over First 3 Years: $22,344
Why Buyers Will Love a 417 N. Hough Street:
* Lower monthly payments during the first 3 years of ownership
* More flexibility for furnishing, renovations, or moving expenses
* Opportunity to refinance if rates improve
* Seller-paid credits create immediate buyer value
* Easier transition into desirable location
* 6% seller max credits: $40,494
* 3/2/1 Buydown cost: $22,716
* Remaining seller credits to cover buyer's closing costs (CCC): $18,150
This financing opportunity makes Broker owned, 417 N. Hough St Barrington IL 60010 even more compelling.
Contact Arthur R. van der Vant at 312-607-4646 today, or direct email: arthur@lendlink.us NMLS # 2033661. LendLink Financial, Inc. 5901 N. Milwaukee Ave. Suite F Chicago, IL 60646 NMLS # 1162430 Illinois Residential Mortgage Licensee. Mortgage Banking License MB.6761027. Florida Mortgage Lender MLD1640.
*Rates, APR, payments, and savings shown are examples only and subject to qualification, lender approval, market conditions, and change without notice. APR for this example is approximately 6.85%. Actual terms may vary.
Property Value Report: https://connectmls.mredllc.com/DOCS/523EB904EC538A35E0631407010A62BE/1779488498531_Value_Report___417_N_Hough_St__Barrington__IL_60010_ruwqq.pdf
Virtual Tour at: https://unbranded.visithome.ai/oARztahdBZ4J6WNhbtffCn?mu=ft