1205 Northwest HwyBarrington, IL 60010

For Sale
$650,000

Vacant gas station, high-traffic corner lot.

Overview

Added:
Dec 11, 2024
Days on market:
92
This vacant gas station and convenience store, located at 1205 S Northwest Hwy in Barrington, IL (60010), presents a unique investment opportunity. The property sits on a one-acre lot in a B-1 zoned area and offers 2,464 square feet of retail space in a single-story building constructed in 1967. Currently vacant, the property is being sold as a Real Estate Owned (REO) asset, including the land and building. The asking price is $650,000, translating to $263.80 per square foot. Note that the underground fuel tanks require removal. No sales information is available as the station was previously closed. The property's address is a high-traffic corner location, offering significant potential for redevelopment or repurposing. The Cook County property features a single unit and is listed under APN 02-08-100-039-0000. Given the vacant status, the current Net Operating Income (NOI) is $0 and the cap rate is 0.00%. This presents a blank canvas for a savvy investor to create a profitable venture. Serious inquiries only.

Highlights

  • Vacant gas station and convenience store on a one-acre lot in Barrington, IL.
  • 2,464 square feet of retail space in a single-story building.
  • REO property with an asking price of $650,000 ($263.80/SF).
  • Located on a high-traffic corner in a B-1 zoned area.
  • Requires underground fuel tank removal.
  • APN: 02-08-100-039-0000.

Property Details for 1205 Northwest Hwy

Property type
Other retail properties, Automotive properties
Square Feet
2,464 SF
Year Built
1967
Buildings
1
Stories
1
Lot Size (sq. ft)
43,560 SF
Units
1

Location Insight

City
Barrington
County
Cook
State
Illinois
Latitude
42.1359174
Longitude
-88.097787
1205 Northwest Hwy, Barrington, Illinois

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1205 Northwest Hwy
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