Fantastic business location with great signage visibility - 2.5 acre lot with unique work/live space in sought after Lake Barrington. Originally designed for an interior design retail store, now awaits your next business venture. First floor of store includes 5500 square feet of open space with dividing walls that can be removed or kept up for separate rooms, two restrooms, private office, picturesque views from floor to ceiling windows - perfect for a multiple of uses from showroom, offices, medical services.... The lower level is 4000 square feet and offers large warehouse space, a refinishing room, large overhead door and two restrooms. Outdoor parking includes 17 spaces on the upper level and 14 on the lower level. Commercial space transitions into a residential property on main floor. This can bring work/life balance a whole new meaning or be incorporated into additional work space or rental income possibilities. The attached home has 4 bedrooms, 2 full bath and 2 1/2 baths. Huge designer kitchen is the focal point of this home followed by surrounding windows pouring in endless sunlight. Elegant appointments throughout the home include marble floors, custom millwork, large sunroom, stone fireplace and 9 foot ceilings. The lower level is a car lovers dream with space for 10 cars, large overhead doors and workshop space. No one will ever know the home is attached to the store as luscious greenery and woods hide the home very well. Use your imagination here - The possibilities are endless for this property.
The median home value in Lake Barrington, IL is $525,000. This is higher than the county median home value of $296,900. The national median home value is $338,100. The average price of homes sold in Lake Barrington, IL is $525,000. Approximately 83.06% of Lake Barrington homes are owned, compared to 11.59% rented, while 5.35% are vacant. Lake Barrington real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lake Barrington real estate agent to arrange a tour today!
Lake Barrington, Illinois has a population of 5,557. Lake Barrington is less family-centric than the surrounding county with 27.21% of the households containing married families with children. The county average for households married with children is 36.27%.
The median household income in Lake Barrington, Illinois is $108,563. The median household income for the surrounding county is $97,127 compared to the national median of $69,021. The median age of people living in Lake Barrington is 55.5 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 12.3 degrees. The average rainfall is approximately 37.5 inches per year, with 37.6 inches of snow per year.