65 S Barrington Rd - Commercial LAND FOR SALE


South Barrington, IL 60010 404,672 SF
$6,700,000 USD
847-338-2022
65 S Barrington Rd, South Barrington, IL for Sale
$6,700,000 USD
Commercial LAND - FOR SALE
1/26
404,672 SF

65 S Barrington Rd
South Barrington, IL 60010


HIGHLIGHTS

  • For Sale: 9.29 Acres of prime land for redevelopment in South Barrington, IL (65 S Barrington Rd) w/ direct tollway access
  • Prime Location located Just North of I-90 & Barrington Rd Full Interchange at SEC signalized corner of Barrington Rd & Central Rd
  • Site has 1,100 feet of frontage on Barrington Road AND 1,000 feet of frontage on Central Rd
  • Wide range of allowable uses for redevelopment in part or in whole (Parcel can be subdivided for mixed-use)
  • Sale includes existing Millrose restaurant, country store, office building & industrial buildings with all improvements
  • ****TIF and Sales Tax Incentives may be available from the village ***

OVERVIEW

For Sale: 9.29 Acres of prime land for redevelopment in South Barrington, IL (65 S. Barrington Rd South Barrington, IL 60010) Prime Location Just North of I-90 & Barrington Rd Full Interchange Iconic Millrose Restaurant & Multi-building campus on 9.29 Acres For Sale One of a kind redevelopment opportunity **** TIF & Sales Tax Incentives may be available**** New Price Reduction: Now Asking Price: $6,700,000 SUBJECT PROPERTY HIGHLIGHTS • 9.29 Acres of prime land for redevelopment • Sale includes existing Millrose restaurant, country store, office building & industrial buildings • Located one block North of full interchange at I-90 & Barrington Rd • Located at signalized SEC of Barrington Road & Central Road • Site has 1,100 feet of frontage on Barrington Road • Site has 1,000 feet of frontage on Central Road • Wide range of allowable uses for redevelopment • Village Incentives may be available • Ideal User/Investor opportunity or corporate HQ facility Demographic info: 2 mile 5 mile 10 mile 2022 Population 19,528 181,151 766,579 Avg Household Income $101,654 $115,007 $112,614 -Daily Traffic Counts of over 28,956 Vehicles per day on Barrington Road -Daily Traffic Counts of over 128,351 Vehicles per day on I-90 @ Barrington Road The subject property is a 9.29 acre campus with multiple buildings, including a restaurant, retail store, office buildings, and industrial space. This property is located in highly desirable area with a mix of existing retail, office, industrial, hospitality & entertainment & high-end residential properties. Its close proximity to the 4-way Barrington Road interchange (one block) north of I-90 makes it attractive to businesses and organizations that rely on convenient tollway access as well as those that provide services to the local community. The property is highly desirable & likely best suited for various potential redevelopments including the following: retail, industrial, office or combinations thereof. Village Recommended Uses include the following in part or in whole: - Industrial - Hotel - Gas Station - Office - Retail - Entertainment District - Medical - Restaurants NO- Assisted Living or Industrial Distribution with high number of truck docks

FOR SALE DETAILS

PRICE

$6,700,000 USD

PRICE/ACRE

$721,206/AC

PRICE/SF

$17 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Prime Redevelopment Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Mixed Use, Auto Dealership, Bar, Fast Food, Health Care, Hospital, Hotel, Medical, Office Park, R&D, Restaurant, Storefront Retail/Office, Warehouse

LAND ACRES

9.29 AC

LAND SF

404,672 SF

OFFSITE IMPROVEMENTS

-

ZONING

M

APN/PARCEL ID

01-35-401-012-0000

ASK ABOUT THIS PROPERTY

Randy OlczykChicagoland Commercial Real EstateMore Info
847-338-2022

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Randy OlczykChicagoland Commercial Real EstateMore Info
847-338-2022

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