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$3,495,000 -$755,000 (-17.76%) Price Reduced
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Property Description
An Iconic Piece of Barrington's History - Now Available This landmark site is deeply woven into the fabric of Barrington's heritage. It was here in 1974 that the founder of Motor Werks began his remarkable journey, laying the foundation for what would become one of the most respected and successful automotive dealerships in the nation. The property radiates a legacy of achievement, optimism, and community spirit. Exceptional Investment Opportunity in the Heart of Downtown Barrington Rarely available, this 2.01-acre site sits in one of the most desirable locations in the northwest suburbs. Its potential is limitless-ideal for a luxury boutique hotel, upscale residential development, or a dynamic mixed-use project with retail at street level and residences above. The Village of Barrington is highly receptive to innovative, high-quality development and welcomes collaboration with visionary developers committed to enhancing the downtown experience. Seize this rare opportunity to shape the future of one of Chicagoland's most prestigious downtown districts.
Full Property Details
Full Property Details for 206 N Cook St
General
- Price: $3,495,000
- Taxes: $57,896 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12359060
- Updated: 6/25/2026
- Added to Site: 415 day(s) ago
Business
- Business Type: Auto Dealer
- Years in Business: 11 or More
Location
- Area: Barrington Area
- County: Lake
- Driving Directions: Hough St North Or South to property
- Location Details: Central Business District, Corner, Mixed-Use Area, Public Transport Avail, Freestanding/Urban, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual, Zoned
- Heating Type: Ceiling Units, Central Building Heat, Forced Air, Gas
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Concrete, Block
- Exterior Const.: Concrete, Block
- Roof: Rubber
- Stories/Levels: 1
- Square Feet: 301
- Current Bldg. Use: Commercial
Lot Features
- Lot Size (Sq. Ft.): 87,697
- Lot Size Range: 2.0 to 2.99 Acres
- Lot Dimensions: 301.67 x 259.05 x 125 x 124 x 124
- Frontage: City Street, State Road
- Potential Use: Commercial, Conditional Use, Condominium
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $57,896.14
- Tax Year: 2024
Disclosures and Reports
- Property ID: 13363130100000
Listed by RE/MAX At Home
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Schools
Schools serving 206 N Cook St
School District:Barrington Community Unit School District 220
| Name | Grades | Distance |
|---|---|---|
Hough Street Elementary School 310 South Hough Street, Barrington, IL 60010 | K-5 | 0.3 mi |
Barrington Middle School Station 215 Eastern Avenue, Barrington, IL 60010 | 6-8 | 0.8 mi |
Barrington High School 616 West Main Street, Barrington, IL 60010 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 206 N Cook St
Date
Details
Price
Change
Source
6/25/2026
Price Reduced
$3,495,000
-17.76%
MLS
5/08/2025
Listed
$4,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 206 N Cook St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$27,690
—
$400,716
6%
2023
$27,719
6%
$377,892
6%
2023
$26,259
5%
$358,191
6%
2022
$24,955
-1%
$338,947
6%
2021
$25,275
4%
$320,683
-3%
2020
$24,296
—
$332,153
3%
2019
$24,296
50%
$323,389
48%
2018
$16,195
1%
$218,771
-2%
2017
$16,013
-2%
$222,780
4%
2016
$16,420
6%
$214,376
7%
2015
$15,560
-4%
$201,066
—
2014
$16,173
1%
$201,066
2%
2013
$16,062
-21%
$197,997
-29%
2012
$20,445
—
$280,742
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 206 N Cook St
206 N Cook Street, Barrington, IL 60010 (MLS# 12359060) is a Business property. 206 N Cook Street is currently listed for $3,495,000 and was received on May 08, 2025. Want to learn more about 206 N Cook Street? Do you have questions about finding other Business real estate for sale in Barrington? You can browse all Barrington real estate or contact a Coldwell Banker agent to request more information.

