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Map
$658,054*
●
Commercial -
Off Market
2 South Executive Court #3
South Barrington, IL 60010
Studio
0 Bath
$518,000 - $632,000
Reference Base Price*
14.44%
Since Sep 1, 2021
National-US
Primary Model
About This Property
INVESTMENT OPPORTUNITY!! FULLY LEASED, 5 YEARS REMAINING ON
CURRENT TENANT'S LEASE. MEDICAL OFFICE CONDO FOR SALE, 10.8
CAP RATE, MODIFIED TRIPLE NET LEASE. EXISTING PHYSICIAN HAS
OPTION FOR ADDITIONAL 5 YEARS. OVER $200,000 LEASE
HOLD IMPROVEMENTS COMPLETED IN 2003. UPSCALE PATIENT /
RECEPTION AREA, WAITING ROOM. PRIVATE PHYSICIAN OFFICES,
TREATMENT AND PROCEDURE ROOM, MEDICAL RECORDS STORAGE AREA.
PRICED WELL BELOW REPLACEMENT AND TAXABLE VALUE.
MINUTES FROM I-90 CORRIDAOR OFF BARRINGTON RD. CAM AND
GENERAL UP-KEEP IS TENANT'S RESPONSIBLITY. CURRENT OWNER PAYS
TAXES ONLY. SURROUNDED BY UPSCALE, LUXURY BRICK OFFICE
CONDOS.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$36,119
HOA Dues
-
Year Built
-
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 11, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Relisted | $575,000 | |
| Relisted | |||
| Jun 12, 2021 | No longer available | - | |
| No longer available | |||
| Feb 23, 2021 | Listed | $575,000 | |
| Listed | |||
| Jan 4, 2020 | No longer available | - | |
| No longer available | |||
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Property Highlights
Air Conditioning
2 South Executive Court #3, South Barrington, IL, 60010
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
02/23/2021
|
Loft
|
-
|
-
|
$575,000
Loft
-
|
-
-
|
-
|
Anthony Bellino
RE/MAX At Home
|
|
|
06/11/2019
|
Studio
|
-
|
-
|
$650,000
Studio
-
|
-
-
|
-
|
-
|
Building Info
