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Property profile & analytics
OFF-MARKET
Land

2360 Higgins Rd Hoffman Estates, IL 60169

1.12 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.12 ac (48,787 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • McFarland Garage Door Repair Hardware & Home Improvement Production Facility
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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