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 ***