1531 Grove Ave - Office CONDO FOR SALE


Barrington, IL 60010
$424,900 USD
312-676-1862
1531 Grove Ave, Barrington, IL for Sale
$424,900 USD
Office CONDO - FOR SALE
1/44
null | Request Cap Rate

Aug '26


1531 Grove Ave
Barrington, IL 60010


HIGHLIGHTS

  • 2,145 SF office space spanning 2nd floor
  • Modern, high-end finishes
  • Beautiful marble flooring
  • In-suite bathroom
  • Private offices, reception area, kitchenette and conference room
  • Includes 275 SF storage space

OVERVIEW

1531 Grove is a beautifully built-out 2,145 SF office condominium located in the prestigious Executive Center Office Park in Barrington. This second-floor office suite offers a refined professional setting, ideal for businesses seeking a turnkey space with high-end finishes and a functional layout. Renovated in 2018, the suite features six private offices, a large conference room, a modern kitchenette, a welcoming reception area, and an in-suite restroom. With expansive exterior windows throughout, natural lighting is plentiful within the condo. The space is equipped with a newer furnace and AC unit, and the property is professionally managed, with an association taking care of the building, roof, and parking lot. Included with the condo is a 275 SF private storage room with built-in shelving, located in the building’s basement. The second-floor unit is easily accessible via elevator or a wide central staircase. The building has a large parking lot, and signage is available on the prominent street directory, offering excellent visibility within the professional office park. Current tenant occupying the condo until Aug. 2026, and new owner can collect rental income.

FOR SALE DETAILS

PRICE

$424,900 USD

PRICE/SF

$198 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

23,657 SF

STORIES

2

BUILDING CLASS

A

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

65

LAND DETAILS

LAND ACRES

7 AC

LAND SF

304,920 SF

ZONING

O-R

APN/PARCEL ID

01-12-400-011-1001

ASK ABOUT THIS PROPERTY

Olivia CzyzynskiSVN | Chicago CommercialMore Info
312-676-1862

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Olivia CzyzynskiSVN | Chicago CommercialMore Info
312-676-1862

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.