Retail Space with Ground
For Sale
Contact for pricing
7465 Barrington Road, Hanover Park, IL 60133
Positioned at a signalized intersection within an established retail corridor.
Property SizeContact for details
Days on Market146
Property Features for 7465 Barrington Road
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Menards
Traffic Count
76,900 vehicles/day
Highway Access
Yes
Building Details
Construction
brick and block
Listing Agency:
Marcus & Millichap - San Diego
(858) 373-3184
Listed By:
Phil Sambazis · License #01474991
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 1:08PM
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 Marcus & Millichap - San Diego
Investment Insights
Based on property information with market context.
This retail property at 7465 Barrington Road in Hanover Park, Illinois, is structured as a ground lease with a 15-year term and 10% increases every five years. The improvements feature upgraded brick and block construction.
The site is an outparcel to Menards and is located near McDonald’s, Bank of America, Discount Tire, Walmart Supercenter, and Sam’s Club. Additional retailers in the surrounding corridor include Super Target, Home Depot, Kohl’s, and Jewel-Osco. Barrington Road and Irving Park Road meet at a signalized intersection carrying 76,900 cars per day, with access to I-90 and a connection to downtown Chicago 35 miles east.
The property is situated in a Chicago suburb with 268,000 residents. Turnberry Lakes Business Park, containing 5 million SF, and the planned 600-acre Brewster Creek Business Park are located minutes away.
The site is an outparcel to Menards and is located near McDonald’s, Bank of America, Discount Tire, Walmart Supercenter, and Sam’s Club. Additional retailers in the surrounding corridor include Super Target, Home Depot, Kohl’s, and Jewel-Osco. Barrington Road and Irving Park Road meet at a signalized intersection carrying 76,900 cars per day, with access to I-90 and a connection to downtown Chicago 35 miles east.
The property is situated in a Chicago suburb with 268,000 residents. Turnberry Lakes Business Park, containing 5 million SF, and the planned 600-acre Brewster Creek Business Park are located minutes away.
Key Highlights
- 15‑year ground lease with 10% increases every 5 years
- Outparcel to Menards with McDonald’s, Bank of America, and Discount Tire nearby
- Across from Walmart Supercenter and Sam’s Club
Property Analytics
Current Use
Lease Details
76,900 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
621
Businesses Nearby
449k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 27%
Home Improvements & Furnishings 18%
Groceries 13%
Tony's Fresh Market
Groceries
59,323 visits/mo
0.2 miles
Menards
Home Improvements & Furnishings
58,598 visits/mo
0.1 miles
Ollie's Bargain Outlet
Shops & Services
54,436 visits/mo
0.5 miles
Portillo's
Dining
37,263 visits/mo
0.5 miles
McDonald's
Dining
33,521 visits/mo
0.1 miles
Demographics for 60133, IL
37,494
Population
11,573
Households
3.2
Avg Household Size
35
Median Age
29%
College-Educated
84%
High-School Grad
8.4 sq mi
ZIP Area
4,464
Density / Sq Mi
$92,263
Median Household Income
$40,743
Median Earnings
$1,478
Median Rent
$260,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Positioned at a signalized intersection within an established retail corridor.
Where is this retail space located?
The property is located at 7465 Barrington Road Hanover Park, IL.
What are key features of this property?
This property features: 15‑year ground lease with 10% increases every 5 years; Outparcel to Menards with McDonald’s, Bank of America, and Discount Tire nearby; Across from Walmart Supercenter and Sam’s Club
