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Barrington Prime Development Parcel
For Sale
Contact for pricing
Pending

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

1.45 acre parcel ideal for various commercial uses.

Property SizeContact for details
Lot Size1.45 Acres
Days on Market2716

Property Features for NW Corner Of Rt 14 Northwest Hwy & 20th Street

General Information

Standard status Pending
Lot size 1.45 Acres
Property subtype Land
Zoning Unincorporated Lake County
Listing Agency: Chicagoland Commercial Real Estate
Listed By: Randy Olczyk · License #IL 471018001
Source: Crexi
Added: Mar 15, 2019 Changed: Aug 17 Last Checked: Aug 19 at 6:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Chicagoland Commercial Real Estate

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Electrical Service Restaurant (Bike/Boat/Book/etc) Store Bakery Big Box & Wholesale Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

463
Businesses Nearby

Demographics for 60056, IL

57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
Median Home Value
Rey
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Frequently Asked Questions

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.
(847) 338-2022 Call to check price and availability
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