Barrington Commercial Real Estate Formerly McGonigal's Pub. Ideal opportunity for the following types of uses: multi-level bar/restaurant, law firm, architectural group, art gallery, retailers, capability to convert to mixed-use status allowing residential units to be developed on the 2nd floor, etc. Property may be eligible for Cook County Class 7a/7b incentive program reducing assessments of market value for the first 10 years or up to 3 years with a Class 7c incentive program. Adjacent 2M Park Avenue Plaza development to be constructed in 2025 for outdoor dining, green space, etc. Corner location. ADA elevator to second floor. More than adequate 220-volt electrical power system. The two floors including the basement have approximately 13,000 internal square feet within two attached, two-story buildings. The footprint of the 2 lots is 4,885 square feet. The real estate is to be sold AS-IS. Proof of funds is required prior to scheduling a showing.
MLS# | 11982576 |
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Listing Type | For Sale |
Style | Retail |
Sub-Type | Resale |
Status | Active |
Year | 1904 |
Days On Site | 214 |
Listing Provided By | Jameson Commercial | Michael Costanzo |
SQ Feet | 13,000 |
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Story(s) | 2 |
Zoning | COMMR |
State | IL |
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County | Cook |
City | Barrington |
Zip Code | 60010 |
Area | Barrington Area |
Listing VS Median (in 60010) | |
Price: $2,150,000 low | high Med: $685,000 SqFt: 13,000 low | high Med: 2,778 $ / SqFt: $165 low | high Med: $247 On Site: 214 low | high Med: 600.000000 |