Stabilized Shopping Center For
2300-56 West Higgins Road Hoffman Estates, IL 60169
2300-56 West Higgins Road, Hoffman Estates, IL, 60169
$9,375,000
For Sale
$9,375,000
Well-maintained shopping center with long-term tenants and recent improvements.
Property Size101,769 SF
Lot Size11.01 Acres
Price / SF$92.12
Days on Market148
Property Features for 2300-56 West Higgins Road
General Information
- Standard status
- Active
- Size
- 101,769 SF
- Lot size
- 11.01 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1975
Listing agency
SVN Chicago Commercial
(312) 529-5791
Listed by
Wayne Caplan · License #475132248
Source
Svnchicago
Added: Feb 23 Updated: Jul 10 at 1:15PM Checked: Jul 10 at 1:15PM
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 SVN Chicago Commercial
Investment Insights
Based on property information with market context.
Barrington Square Town Center is a 101,769 square foot neighborhood shopping center located in Hoffman Estates, Illinois, situated on an 11.01-acre site. The property features a mix of long-term tenants, including Advance Pre-School, Garibaldi’s Restaurant, Gigi’s Playhouse, and Poplar Creek Bowl, which recently expanded and invested over $2 million in improvements, including a large catering facility. Newer tenants include Kritunga Indian Restaurant and the 9,000 square foot Playroom Cafe Social. The center benefits from internet-proof businesses and NNN leases. Infrastructure improvements include a new facade, landscaping, curbing, detention, new HVAC, LED lights, and a new roof. There is upside potential through two vacant spaces totaling 5,022 square feet and below-market rents on several existing tenants. The property features highly visible pylon signage and is adjacent to office parks, retailers, and the Ascension Amita Health Medical Center campus. Outlot co-tenants include a newly developed McDonald’s, 7-Eleven, Popeyes, and Buona Beef prototypes. Located on Higgins Road with a daily vehicle count over 30,000, the property is a quarter mile from the I-90 interchange at Barrington Road and adjacent to the planned Grand Reserve of Hoffman Estates, a 330-unit luxury apartment development, and across from the 300-unit Seasons of Hoffman Estates apartments. A 52,905 square foot outlot is also available.
Key Highlights
- Stabilized 101,769 SF neighborhood shopping center with a history of strong occupancy and internet‑proof businesses.
- Weighted Average Lease Term (WALT) of 10.82 years indicates long‑term tenant commitment.
- Over $7 million in recent infrastructure improvements, including new facade, landscaping, HVAC, LED lights, and roof.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Sale Nearby
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- Poplar Commons Shopping Center — 2306-2332 Hassell Rd, Hoffman Estates, IL 60169
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FAQs
What type of property is this?
Shopping center - Well-maintained shopping center with long-term tenants and recent improvements.
Where is this shopping center located?
The property is located at 2300-56 West Higgins Road Hoffman Estates, IL.
What is the asking price?
The asking price for this property is $9,375,000.
What are key features of this property?
This property features: Stabilized 101,769 SF neighborhood shopping center with a history of strong occupancy and internet‑proof businesses.; Weighted Average Lease Term (WALT) of 10.82 years indicates long‑term tenant commitment.; Over $7 million in recent infrastructure improvements, including new facade, landscaping, HVAC, LED lights, and roof.