List Search

65 S Barrington Rd
South Barrington, IL 60010

$6,700,000 USD

Land For Sale  •  9.29 AC

Property Details

  • Property Type Land
  • Lot Size 9.29 AC
  • Zoning M
0 Transit Score
44 Walk Score

Description

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

New Price Reduction:
Now Asking Price: $6,700,000

**** TIF & Sales Tax Incentives may be available****

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

****TIF and Sales Tax  Incentives may be available from the village  ***

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 ***

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Hanover Park Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 12 min - 5.9 mi
Schaumburg Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 14 min - 6.6 mi
AirportDriveWalkDistance
Chicago O'Hare International 23 min - 18.5 mi
Chicago Midway International 48 min - 34.8 mi
Randy Olczyk 847-338-2022 Chicagoland Commercial Real Estate
Randy Olczyk 847-338-2022 Chicagoland Commercial Real Estate