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$400,000
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Property Description
Perfectly positioned just minutes from vibrant downtown Barrington and the Metra station, this rare two-flat offers endless possibilities in one of the area's most sought-after locations. Featuring two spacious 3-bedroom, 1-bath units, each with its own private entrance and separate utilities, this property is ideal for investors, owner-occupants, or those looking to create their dream home. The building includes a full basement with shared laundry and abundant storage, along with ample off-street parking. Long-term tenants have provided stable occupancy, while below-market rents present an outstanding opportunity for increased income and future value. Whether you choose to continue operating as an income-producing two-flat, convert it back into a spacious single-family residence, or explore redevelopment potential (subject to municipal approval), the possibilities are exceptional. Located within distance to Barrington's award-winning restaurants, boutique shopping, parks, schools, and Metra, this property combines small-town charm with unmatched convenience. Opportunities like this in downtown Barrington are few and far between-don't miss your chance to unlock the full potential of this unique property.
Full Property Details
Full Property Details for 331-333 E Lincoln Ave
General
- Sold For: $400,000
- Taxes: $8,929 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12714708
Rooms
Bathrooms
- Total Bathrooms: 2
- Bathroom Features: Soaking Tub
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Carbon Monoxide Detectors
- Other Features: Commuter Train
Exterior
- Exterior Features: Lighting
Parking
- Total Spaces: 4
- Parking Features: Unassigned, Driveway, Yes, Owned
Location
- Area: Barrington Area
- County: Cook
- Driving Directions: Hough Street S. of Main Street, E. on Lincoln Ave
School Information
- School District: 220
- Midd School District: 220
- Elementary School: Hough Street Elementary School
- Middle School: Barrington Middle School - Stati
- High School: Barrington High School
- Private School: Barrington High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Sep Heating Systems - 2+, Individual Controls
Utilities
- Water: Public
Structural Information
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Unfinished, Exterior Entry, Storage Space, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Windows: Screens
- Year Built: 1884
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Manufactured Home
- Model: 2 flat
Lot Features
- Lot Size (Acres): 0.16
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 66 x 109 x 66 x 109
- Lot Features: Backs to Trees/Woods
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1884
- Tax Amount: $8,929
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1011180020000
Get Pre-Approved Today
331-333 E Lincoln Avenue, Barrington, IL 60010 (MLS# 12714708) is a Multi-Family property that was sold at $400,000 on August 31, 2026. This property was listed by Rob Morrison from our Northwest Office.Want to learn more about 331-333 E Lincoln Avenue? Do you have questions about finding other Multi-Family real estate for sale in Barrington? You can browse all Barrington real estate or contact a Coldwell Banker agent to request more information.


