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$2,300,000 Just Listed
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Property Description
GREAT OPPORTUNITY WITH 340 FT. OF RT. 14 (Northwest Hwy) FRONTAGE IN LAKE BARRINGTON. CLOSE TO GOOD SHEPHERD ADVOCATE HOSPITAL, DOWNTOWN BARRINGTON AND FOX RIVER GROVE. UNIQUE DESIGN HAS HIGH VISIBILITY RETAIL SPACE AS WELL AS AN OFFICE/MEDICAL SEPERATE BUILDING THAT IS HANDICAP ACCESSIBLE AND PLENTY OF PARKING. COULD ALSO BE CONVERTED TO RETAIL, RESTAURANT ETC. THE FULL MOTION VIDEO HIGH VISIBILTY SIGN RECENTLY INSTALLED PROVIDES REAL-TIME ADVERTISING FOR TENANTS. THERE IS ALSO SPACE FOR AN OUTLOT TO BE BUILT AND ADDITIONAL PARKING AND OFFICE SPACE IN THE REAR. GOOD MIX OF TENANTS WITH A GOOD CAP RATE 7%.
Full Property Details
Full Property Details for 28662 W Northwest Hwy
General
- Price: $2,300,000
- Taxes: $25,701 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12714742
Business
- Business Type: Retail
Interior
- Interior Features: Accessible Washroom/s, Multi-Tenant, Storage Inside, Basement
- Flooring: Concrete, Other
Additional Information
- Security/Safety: Ansul System, Fire Extinguisher(s)
Location
- Area: Barrington Area
- County: Lake
- Township: Cuba
- Driving Directions: Northwest Hwy to Hillview right to property entrance
- Location Details: Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls
Utilities
- Water: Municipal Water
Structural Information
- Construction: Brick, Concrete, Block, Steel Siding
- Exterior Const.: Brick, Concrete, Block, Steel Siding
- Foundation: Concrete Perimeter
- Sub-Flooring: Concrete, Other
- Stories/Levels: 1
- Square Feet: 12,655
- Current Bldg. Use: Commercial, Medical/Dental
- Year Built: 2003
Unit Information
- # Tenants: 14
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 2.81
- Lot Size (Sq. Ft.): 122,234
- Lot Dimensions: 340 x 316 x 425 x 285
- Drainage: Storm Sewers
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $10,000
- Security Deposit: Ansul System, Fire Extinguisher/s
- Assessment Year: 2003
- Tax Amount: $25,701
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: Rent Roll, Floor Plan
- Property ID: 13213010120000
Listed by Baird & Warner
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Schools
Schools serving 28662 W Northwest Hwy
School District:Barrington Community Unit School District 220
| Name | Grades | Distance |
|---|---|---|
Countryside Elementary School, Barrington, IL 205 West County Line Road, Barrington, IL 60010 | K-5 | 2.4 mi |
Barrington Middle School Station 215 Eastern Avenue, Barrington, IL 60010 | 6-8 | 4.3 mi |
Barrington High School 616 West Main Street, Barrington, IL 60010 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 28662 W Northwest Hwy
Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,123
—
$372,869
6%
2024
$24,105
-18%
$351,631
5%
2023
$29,414
1%
$333,300
-18%
2022
$29,024
19%
$408,863
2%
2021
$24,326
-20%
$401,910
17%
2020
$30,558
—
$344,669
-12%
2019
$30,558
33%
$390,097
34%
2018
$23,028
2%
$292,038
-27%
2017
$22,563
-27%
$398,321
-18%
2016
$30,766
-17%
$483,570
7%
2015
$37,189
-2%
$453,545
—
2014
$37,918
-26%
$453,545
-25%
2013
$51,476
3%
$602,308
-3%
2012
$49,933
—
$621,865
—
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 28662 W Northwest Hwy
28662 W Northwest Highway, Lake Barrington, IL 60010 (MLS# 12714742) is a Commercial property. 28662 W Northwest Highway is currently listed for $2,300,000 and was received on August 04, 2026. Want to learn more about 28662 W Northwest Highway? Do you have questions about finding other Commercial real estate for sale in Lake Barrington? You can browse all Lake Barrington real estate or contact a Coldwell Banker agent to request more information.

