Barrington, IL Office Space for Lease: 2026 Costs, Buildings and Rents

Downtown Barrington, Illinois, with the Village of Barrington sign and Main Street storefronts

Data as of October 2026 | Last updated October 17, 2026

Barrington has about 665,000 SF of multi-tenant office space in the 13 buildings Tenant Advisors tracks, and 66% of it is vacant, the highest share in the Northwest Suburbs. About 40.7% is actively offered for lease. Class A asks about $30/SF gross and Class B about $18/SF.

Most of that vacancy sits in a few large buildings, including the Hart Professional Center. The smaller downtown buildings are about 81% leased. Tenant Advisors, Inc. represents only tenants in Barrington and the Northwest Suburbs office market, at no cost to tenants. Call (847) 778-0296.

Key Takeaways

  • Vacancy is 66%, up 1 point in a year; the availability rate is 40.7%.
  • Class A asks about $30/SF gross; Class B about $18/SF.
  • The Hart Professional Center is about 12% leased; the smaller downtown buildings are about 81% leased.
  • No sublease space is listed.

Barrington Office Market Facts and Figures

Tenant Advisors tracks multi-tenant office buildings of 5,000 SF and larger in Barrington, the competitive set where most tenants of 3,000 to 50,000 SF lease space. Owner-occupied buildings are excluded.

MetricBarrington
Tracked buildings13
Total inventory665,000 SF
Vacancy rate66.0% (65.0% one year ago)
Availability rate40.7%
Net absorption, trailing 12 months-6,300 SF
Space leased, trailing 12 months18,600 SF
Class A asking rent~$30/SF gross
Class B asking rent~$18/SF gross
Free rent1–1.5 months per lease year
Tenant improvement allowance$6–$8/SF per lease year (Class A)
Average months on market22.6
Lease renewal rate, past 24 months36%
Sublease space availableNone in tracked buildings
New constructionNone
Vacant SF vs. space offered for lease~439,000 SF vacant; ~271,000 SF offered
Most available space in one property~70,000 SF (Hart Professional Center, 3 buildings)

Figures reflect Tenant Advisors’ market tracking of multi-tenant office buildings 5,000 SF and larger in Barrington. Rents and concessions are Tenant Advisors’ tracked-transaction ranges, quoted full-service gross. Data is updated quarterly.

What Does Office Space Cost Per Month in Barrington?

A 5,000 SF office in Barrington costs about $12,500 a month in a Class A building and about $7,500 a month in Class B, before free rent. Those figures use Tenant Advisors’ tracked gross rents of about $30/SF in Class A and about $18/SF in Class B.

Office sizeClass A, monthly ($30/SF)Class B, monthly ($18/SF)
2,000 SFabout $5,000about $3,000
5,000 SFabout $12,500about $7,500
10,000 SFabout $25,000about $15,000

Monthly rent before free rent and improvement allowances. Gross rent generally includes real estate taxes and building operating expenses.

Gross rent is not always the whole bill. Ask each landlord about:

  • In-suite electricity, which some buildings bill separately.
  • Operating expense and tax increases over the base year, which a cap can limit.
  • After-hours heating and cooling charges.
  • Build-out costs above the improvement allowance, plus cabling, furniture and moving.

Is Barrington Office Space Filling Up or Emptying Out?

Neither, much. Barrington lost 6,300 SF of occupied space over the past year, and vacancy rose about 1 point. Leasing is thin, only 18,600 SF in 12 months, so a single tenant of a few thousand square feet is a meaningful deal for a Barrington landlord.

Why Is Barrington Office Vacancy So High?

A handful of large, mostly empty buildings. The three buildings of the Hart Professional Center on Hart Road total about 199,000 SF and are only about 12% leased. The smaller buildings Tenant Advisors tracks, most of them downtown, are about 81% leased. Outside the large vacant buildings, Barrington is a small office market with limited options.

What Are the Notable Office Buildings in Barrington?

BuildingAddressSize (SF)BuiltClass% LeasedAvailable (SF)
Hart Professional Center (3 buildings)600, 800 and 1000 Hart Rd.198,7331984A/B12%70,271
201 S. Grove Ave.201 S. Grove Ave.58,2031970B94%3,580
Welsh Center North1250 S. Grove Ave.56,6681987B68%18,204
Good Shepherd medical buildings (2)27750 and 27790 W. Highway 2268,4521980–1990B78%14,790
777 Business Park777 Lake Zurich Rd.22,0801989B89%2,464
325 N. Hough St.325 N. Hough St.13,9051980B71%4,000

Available SF includes direct and sublease space, including space coming available. Tenant Advisors market tracking, October 2026.

Hart Professional Center, Hart Road

Three buildings totaling about 199,000 SF, about 12% leased, with about 70,000 SF offered. Two of the three buildings are fully vacant.

Downtown Barrington and the Metra station

Smaller buildings near the Metra Union Pacific Northwest station, such as 201 S. Grove Avenue and 110 S. Hager Avenue, are 94% to 98% leased. Wealth managers, financial services firms, private practices and executive offices fill them because their principals and clients live nearby. Openings here are rare.

Which Barrington Buildings Fit Small and Large Tenants?

Small tenants do best in buildings with suites already built out, while companies needing a full floor or more should start with the buildings carrying the largest vacant blocks. Use this as a starting list; actual suites change month to month.

Space neededWhere to start lookingWhy
Under 5,000 SF201 S. Grove Ave., 777 Business Park, 325 N. Hough St.Small buildings near downtown Barrington
5,000–20,000 SFWelsh Center North, Good Shepherd medical buildingsAbout 15,000 to 18,000 SF available
20,000 SF and upHart Professional CenterThe largest block in Barrington, about 70,000 SF

Is There Sublease Office Space in Barrington?

No sublease space is listed in the 13 buildings Tenant Advisors tracks. Tenants who want sublease options usually look at Hoffman Estates or Schaumburg.

How Does Barrington Compare With Other Northwest Suburbs Cities?

CityVacancyYear ago12-mo net absorption (SF)InventorySublease SFAsking rent, gross
Schaumburg33.1%34.4%+109,9008.6M SF134,400A $34–$38; B $20–$24
Hoffman Estates42.8%43.9%+36,1003.2M SF99,900A $34–$38; B $19–$24
Arlington Heights40.9%37.8%-53,1001.8M SF4,600A ~$26; B ~$19
Rolling Meadows41.2%36.9%-92,0002.1M SF0A ~$30; B ~$19
Palatine22.9%21.6%-7,800589,000 SF0~$19.50 average
Barrington66.0%65.0%-6,300665,000 SF0A ~$30; B ~$18
Elgin38.6%38.1%-12,7002.1M SF3,600A ~$26; B ~$20
Itasca25.4%21.3%-103,0002.5M SF43,300A $24–$28; B $19–$24

Tenant Advisors market tracking, multi-tenant office buildings 5,000 SF and larger, October 2026. Rents are Tenant Advisors’ tracked-transaction figures per SF per year.

Should You Lease, Sublease or Use Coworking in Barrington?

Lease direct if you need space for three years or more, sublease if you want built-out space at a discount and the remaining term fits, and use coworking only for small teams that need flexibility for a year or less. No sublease space is listed in the Barrington buildings Tenant Advisors tracks right now, so direct space is the main option.

Direct leaseSubleaseCoworking
Typical term3 to 10 yearsWhatever remains on the original leaseMonth to month up to 1–2 years
CostMarket rent, with free rent and an improvement allowanceUsually below direct rentPriced per desk or office; usually the highest cost per SF
Build-outCustom, funded largely by the landlordAs-is, often furnishedReady to use
Watch out forCommitting to more space than you needLandlord consent and the short remaining termRate increases at renewal and limited privacy

Where Is the Leverage in Barrington Right Now?

Barrington is two markets. The large vacant buildings, including the Hart Professional Center, need tenants and will compete hard on rent, free rent and build-out. Downtown buildings are nearly full and concede less. Inventory is small, so the strongest leverage comes from pricing Barrington against Palatine, Hoffman Estates and Schaumburg.

What Should Tenants Negotiate on a Barrington Office Lease in 2026?

  • Rent: target effective rent after concessions, not the asking rate.
  • Free rent: 1 to 1.5 months per year of lease term, or 5 to 7.5 months on a 5-year lease.
  • Tenant improvement allowance: $6 to $8/SF per year of lease term in Class A ($30 to $40/SF on a 5-year lease) and about $3 to $6/SF per year in Class B. Get build-out pricing before you negotiate this number.
  • Operating expense caps: 4% to 6% annually on controllable expenses.
  • Flexibility: expansion, contraction and sublease rights, negotiated upfront.
  • Parking: included in rent for the full term with no separate escalation.

How Does Tenant Advisors Find and Tour Space in Barrington?

We build a shortlist from every building in Barrington that fits your size, budget and timing, tour the best options in one block, and negotiate with several landlords at once. The landlord pays our fee, so there is no cost to tenants.

  1. Requirements call: size, budget, move date and must-haves.
  2. Building survey: every option that fits, including sublease space, with rents and availability.
  3. Tours: your top choices scheduled back to back.
  4. Competing proposals: requests to three or more landlords, compared side by side on net effective cost.
  5. Negotiation and lease review alongside your attorney through signing and move-in.

Get Your Barrington Office Shortlist

Tell us your size, budget and timing. We will send the Barrington buildings that fit, with current rents and availability.

Get My Shortlist (847) 778-0296

Why Do Companies Lease Office Space in Barrington?

Barrington is the prestige address of the far northwest suburbs, with a Metra station, Route 14 and Route 59, and I-90 nearby. Firms choose it to be near where their owners, clients and senior staff live. For the full market picture, see our Northwest Suburbs office market page.

Frequently Asked Questions

What is the office vacancy rate in Barrington, IL in 2026?

Barrington multi-tenant office vacancy is 66% as of October 2026, up from 65% a year earlier, across the 13 buildings Tenant Advisors tracks. Most of the vacancy is in a few large buildings, including the Hart Professional Center. The smaller downtown buildings are about 81% leased.

How much does office space cost in Barrington, IL?

Class A office space in Barrington asks about $30/SF gross and Class B about $18/SF. Tenants running a competitive process typically pay less once free rent and build-out dollars are counted.

What does 5,000 SF of office space cost per month in Barrington?

About $12,500 a month in a Class A building and about $7,500 a month in Class B, based on Tenant Advisors’ tracked gross rents of about $30/SF and about $18/SF. Free rent lowers the effective cost.

Should I lease, sublease or use coworking in Barrington?

Lease direct for a term of three years or more, since landlords fund build-out and free rent. Sublease when you want built-out, often furnished space at a discount and the remaining term fits. No sublease space is listed in the Barrington buildings Tenant Advisors tracks right now, so direct space is the main option. Coworking suits small teams that need flexibility for a year or less but usually costs the most per square foot.

Is there sublease office space in Barrington?

No sublease space is listed in the 13 multi-tenant buildings Tenant Advisors tracks. Hoffman Estates and Schaumburg have about 234,000 SF of sublease space combined.

How much free rent can I get on a Barrington office lease?

Tenants are getting 1 to 1.5 months of free rent per year of lease term, or 5 to 7.5 months on a 5-year lease, plus tenant improvement allowances of $6 to $8/SF per lease year in Class A.

Who represents tenants in Barrington office leases?

Tenant Advisors, Inc., founded in 2004 by Tom Koelzer and Dave Ven Horst, represents only office tenants in Barrington and the Northwest Suburbs. The firm never represents landlords, and tenants pay nothing for the service. Contact Tom Koelzer at (847) 778-0296 or tkoelzer@tenantadvisors.com.


About the authors: Tom Koelzer (Co-Founder & Managing Partner, LinkedIn) and Dave Ven Horst (Co-Founder & Managing Broker, LinkedIn) founded Tenant Advisors, Inc. in 2004. Both have worked in Chicago office leasing since 1986, and the firm has negotiated more than 2,000 office leases, representing tenants only. Benchmark your Barrington lease against the market: (847) 778-0296 | tkoelzer@tenantadvisors.com.

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