2360 Higgins Rd Hoffman Estates, IL 60169
This exceptional 1.12-acre (52,905 sq ft) development site is the last available outlot at Barrington Square Town Center in Hoffman Estates, Illinois. Located at 2360 W Higgins Rd, this B2-zoned property offers unparalleled visibility and access, boasting over 30,000 vehicles daily. The site is part of a thriving 100,000 sq ft shopping center with strong co-tenancy including McDonald's, 7-Eleven, Popeyes, Buona Beef, and other established businesses. A new 7-Eleven with a gas station is under construction. Its prime location directly across from Amita Health St. Alexius Medical Center (318 beds, 2700 employees) and proximity to major office parks ensures high traffic and diverse customer base. Excellent access to major roadways, including I-90, and public transportation options further enhance its appeal. The asking price is $1,200,000. This presents a unique opportunity for developers seeking a high-impact location in a rapidly growing area, just 25 miles northwest of downtown Chicago and 12 miles from O'Hare International Airport. The property is also available for ground lease at $2.50/sq ft.
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McFarland Garage Door Repair Hardware & Home Improvement Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.