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Property Description

Perfectly positioned just minutes from vibrant downtown Barrington and the Metra station, this rare two-flat offers endless possibilities in one of the area's most sought-after locations. Featuring two spacious 3-bedroom, 1-bath units, each with its own private entrance and separate utilities, this property is ideal for investors, owner-occupants, or those looking to create their dream home. The building includes a full basement with shared laundry and abundant storage, along with ample off-street parking. Long-term tenants have provided stable occupancy, while below-market rents present an outstanding opportunity for increased income and future value. Whether you choose to continue operating as an income-producing two-flat, convert it back into a spacious single-family residence, or explore redevelopment potential (subject to municipal approval), the possibilities are exceptional. Located within distance to Barrington's award-winning restaurants, boutique shopping, parks, schools, and Metra, this property combines small-town charm with unmatched convenience. Opportunities like this in downtown Barrington are few and far between-don't miss your chance to unlock the full potential of this unique property.

Overview

Property Status
For Sale
Lot Size
6,969.6 Sq.Ft.
MLS ID
12714708
Property Type
Multi-Family
Year Built
1884

Features & Amenities

Neighborhood
Barrington
Architecture Styles
Traditional
Water Source
Public
Roof
Asphalt
Lot Features
Backs to Trees/Woods
Parking
Unassigned, Driveway, Yes, Owned
Heat Type
Natural Gas, Forced Air, Sep Heating Systems - 2, Indv Controls
Sewer
Public Sewer
Substructure
Concrete Perimeter
Other Exterior Features
Lighting
Elementary School
Hough Street Elementary School
Middle School
Barrington Middle School - Stati
High School
Barrington High School
School District
220
Sales Price
$399,000
Real Estate Tax
$8,929/yr
Zoning
MULTI

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331-333 E Lincoln Avenue

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