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    18 Freeman Rd South Barrington, IL 60010

    Sponsored
    For Sale
    $3,500,000

    Prime Development Land, Prestigious Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 74-acre property presents a rare development opportunity in the highly desirable South Barrington, Illinois. Located at 18 S Freeman Rd, 60010, this expansive parcel is zoned PUD, offering significant flexibility for future projects. Its idyllic setting, nestled near a sprawling 1,800-acre forest preserve, provides a tranquil atmosphere while maintaining convenient access to major thoroughfares. The property boasts a prime location just five minutes from the full interchange at I-90 and Barrington Road, ensuring seamless connectivity. Furthermore, this land is situated within a highly-rated school district, appealing to families and contributing to its overall desirability. The asking price for this unique estate is $3,500,000. The property is privately owned and offers a significant investment potential given its size, location, and zoning. This is a truly exceptional opportunity to acquire a substantial land holding in one of the most sought-after areas of Cook County. The combination of natural beauty, convenient location, and development potential makes this 74-acre parcel an unparalleled investment prospect. Serious inquiries are encouraged.

    Property Features for 18 Freeman Rd

    General Information

    Property type
    Farms
    Lot Size
    3,223,440 SF

    HighLights

    • $3,500,000 asking price.
    • 74‑acre land parcel.
    • Agricultural, Farm, and Residential zoning permitted (PUD).
    • Located in prestigious South Barrington, IL, Cook County.
    • Address: 18 S Freeman Rd, South Barrington, IL 60010.
    • Five minutes from I‑90 and Barrington Road interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Barrington
    County
    Cook
    State
    Illinois
    Longitude
    -88.1222366
    Latitude
    42.0844704

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    FAQs

    What type of property is this?
    Farm - Prime Development Land, Prestigious Location
    Where is this farm located?
    The property is located at 18 Freeman Rd South Barrington, IL.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: $3,500,000 asking price.; 74-acre land parcel.; Agricultural, Farm, and Residential zoning permitted (PUD).
    Request Owner's contact information
    18 Freeman Rd South Barrington, IL 60010
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    South Barrington, IL 60010
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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
    18 Freeman Rd South Barrington, IL 60010
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