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    301 W Hwy NW Barrington, IL

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    For Sale
    $1,400,000

    Freestanding building with drive-thru potential in high-traffic area.

    Property size:
    2,300 SF
    Lot size:
    0.25 Acres

    Property Features for 301 W Hwy NW

    General Information

    Size
    2,300 SF
    Lot size
    0.25 Acres

    Source: Re/Max Suburban - Jason Bitton Team Agent Jason Bitton

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Barrington Redevelopment Opportunity

    This is a rare opportunity to acquire a freestanding 2,300 SF building with drive-thru potential along one of the most heavily trafficked corridors in Barrington. The property is situated on a 0.252-acre parcel with B-1 zoning. Previously approved for a drive-thru by the Village of Barrington (former Dunkin' Donuts submission), this site combines strong fundamentals with massive upside. The location sits in a fast-food desert with no Wendy's, Taco Bell, Five Guys, or Burger King nearby. The property is currently occupied by a Polish restaurant tenant at $2,450/month with 2.5 years remaining. The property is being marketed for its redevelopment and drive-thru potential. Ownership believes the tenant would consider an early lease termination to accommodate an owner-occupant or national operator. It is located just ahead of a transformative multi-lane infrastructure expansion of Route 14 (Northwest Highway). This property offers immediate value for QSR operators, coffee concepts, and developers seeking a strategic infill site in a high-income, underserved trade area. This is a rare chance to preemptively secure a presence in Barrington's next wave of commercial growth.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Map

    City
    Barrington
    County
    Cook
    State
    Illinois
    Longitude
    -88.2558525
    Latitude
    42.0352856

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    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding building with drive-thru potential in high-traffic area.
    Where is this drive through restaurant located?
    The property is located at 301 W Hwy NW Barrington, IL.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: - Drive-thru approved on a major Barrington corridor (Route 14/Northwest Highway).; - Redevelopment opportunity in a high-income, underserved trade area with B-1 zoning.; - Strategic infill site suitable for QSR operators, coffee concepts, and developers.
    (847) 858-2909
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    301 W Hwy NW Barrington, IL
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    Barrington, IL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    301 W Hwy NW Barrington, IL
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