NW Corner Of Rt 14 Northwest Hwy & 20th Street, Barrington, IL 60056

Listing office Chicagoland Commercial Real Estate Show Phone

Listing date Mar 15, 2019

Source Crexi

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Overview

Located at the northwest corner of Route 14 and 20th Street, this 1.45-acre parcel offers over 327 feet of frontage on Route 14 (Northwest Highway), which sees over 27,900 vehicles per day. The property is situated one block northwest of The Barrington Foundry Retail Development, presenting a new investment or development opportunity in the Barrington area. Potential uses include restaurants, retail, medical facilities, offices, or residential development. Neighbors include Northern Trust Bank, The Foundry Retail Center (over 80,000 square feet of retail space), and Wickstrom Ford. This unique investment opportunity allows for holding or developing a prime parcel in Barrington, Illinois. The zoning is Unincorporated Lake County. Taxes payable in 2018 were $1,845. Demographics for 2018 within a 3-mile radius include a total population of 20,718 and a median household income of $134,729. Within a 5-mile radius, the total population is 76,284, with a median household income of $119,631.

Suggested Use

Restaurant Discount Store Electrical Service Hotel & Motel Car Rental Facility (Bike/Boat/Book/etc) Store Bakery Tech Support Center Wine and Liquor Store Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Barrington

County

Cook

State

Illinois

Longitude

-88.1594995

Latitude

42.1678623

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FAQs

What type of property is this?

Commercial land - 1.45 acre parcel ideal for various commercial uses.

Where is this commercial land located?

The property is located at NW Corner Of Rt 14 Northwest Hwy & 20th Street Barrington, IL.

What is the asking price?

The asking price for this property is $499,000.

What are key features of this property?

This property features: Prime 1.45‑acre parcel in Barrington, IL, offering a unique investment or development opportunity.; High traffic location with **327 feet of frontage on Route 14 (Northwest Hwy)** and 27,900 vehicles per day.; Located near The Barrington Foundry Retail Development (over 80,000 SF) and other established businesses.