& 20th Cor Of Rt 14 Hwy, Barrington, IL 60010
This exceptional 1.45-acre commercial land parcel presents a unique investment opportunity in the prestigious Barrington, Illinois market. Strategically located at the northwest corner of Route 14 (Northwest Highway) and 20th Street, this property boasts over 327 feet of frontage on Route 14, a major thoroughfare with a daily traffic count exceeding 27,900 vehicles. Its prime location places it within close proximity to established businesses, including Northern Trust Bank and the Foundry Retail Center, a thriving retail complex encompassing over 80,000 square feet. This high-visibility location offers unparalleled exposure for a variety of commercial ventures. The property is zoned Unincorporated Lake County, providing flexibility for potential development. The total acreage comprises approximately 1.45 acres, making it ideal for a range of uses, including restaurants, retail establishments, medical facilities, office spaces, or residential development. The property's 2018 tax assessment was $1,845. Currently priced at $439,999, this represents a significant price reduction and presents a compelling opportunity for investors and developers alike. Don't miss this chance to acquire a highly desirable commercial property in a thriving and affluent community.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.