Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Barrington Rd Schaumburg, IL 60195
    Back to Search
    Property profile & analytics

    Barrington Rd Schaumburg, IL 60195

    View on Map
    • Land
    • 1.17 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Barrington Rd

    Lot size
    1.17 lot acres
    Property type
    Land
    Property subtype
    Industrial properties

    Description

    This exceptional 1.17-acre commercial/industrial land parcel, located at Barrington Rd, Lot 3 in Hoffman Estates, IL (zip code 60195), presents a unique investment opportunity. Situated in Cook County, this property boasts excellent visibility and frontage on Barrington Road, making it ideal for a variety of commercial or industrial uses. The lot is fully improved and development-ready, eliminating significant upfront costs and expediting the construction process. Its strategic location benefits from easy expressway access via a newly constructed 4-way interchange, ensuring convenient transportation for both employees and customers. The property is zoned B-2, offering flexibility in development options. Furthermore, the site's proximity to the impending Bell Works development provides a synergistic advantage, capitalizing on the anticipated growth and increased traffic in the area. All utilities are readily available on-site. The motivated seller makes this an attractive proposition for businesses seeking a prime location with significant development potential. This is a rare opportunity to acquire a fully improved, highly visible lot in a thriving Schaumburg area location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0864
    Latitude
    42.066

    Comparable in this City

    • Value Estimation by Request
      1.41 Acres

      1996 Roselle Rd

      Land • 1.41 Acres
      1996 Roselle Rd, Schaumburg, IL 60195
      View Details
    • Value Estimation by Request

      301 Central Rd

      INDUSTRIAL (GENERAL)
      301 Central Rd, Schaumburg, IL 60195-1901
      View Details
    • Value Estimation by Request
      1.29 Acres

      1230 Roselle Rd

      INDUSTRIAL (GENERAL) • 1.29 Acres
      1230 Roselle Rd, Schaumburg, IL 60195-3695
      View Details
    • Value Estimation
      $8,545,000
      1.05 Acres

      1355 Roselle Rd

      COMMERCIAL (GENERAL) • 1.05 Acres
      1355 Roselle Rd, Schaumburg, IL 60195-3614
      View Details
    • Value Estimation by Request
      4.19 Acres

      1989 Roselle Rd

      COMMERCIAL (GENERAL) • 4.19 Acres
      1989 Roselle Rd, Schaumburg, IL 60195
      View Details
    • Value Estimation by Request
      1.39 Acres

      100 Golf Rd

      COMMERCIAL (GENERAL) • 1.39 Acres
      100 Golf Rd, Schaumburg, IL 60195-3604
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Hoffman Estates Land For Sale

      One acre of land available in Hoffman Estates, Illinois.
      Barrington Rd, Hoffman Estates, IL 60195
      View Details
    • $750,000

      Commercial Land Near Woodfield Center

      Commercial land near I-90 interchange with high traffic counts.
      4 Hillcrest Blvd, Schaumburg, IL 60195
      View Details
    • $750,000
      1 SF

      Commercial Land Near Woodfield Center

      Commercial land for sale near Woodfield Business Center.
      1996 North Roselle Rd, Schaumburg, IL 60195
      View Details
    • $300,000
      1.88 Acres

      Schaumburg Commercial Land For Sale

      1.88 Acre commercial land available in Schaumburg, Illinois.
      243 W Golf Rd, Schaumburg, IL 60195
      View Details
    • Contact for pricing
      34,821 SF

      Prime Land I-90 Visibility

      Land available for build-to-suit near I-90 and O’Hare.
      1903 N Roselle Rd, Schaumburg, IL 60195
      View Details
    • Contact for pricing
      57,501 SF

      Schaumburg Office Building For Sale

      Office property in close proximity to I-90 and Roselle Rd.
      105-195 W Central Rd, Schaumburg, IL 60195
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      17,859 SF

      Prime Hoffman Estates Land Parcel

      0.41-Acre Commercial Land Opportunity
      120 West Higgins Road Hoffman Estates, IL 60195, Hoffman Estates, IL 60195
      View Details
    • Contact for pricing

      Land for Lease

      Land available for lease at 120 West Higgins Road.
      120 West Higgins Rd, Hoffman Estates, IL 60195
      View Details
    • Contact for pricing

      Prime Schaumburg Office Space

      Professional office space with high visibility in a strong commercial corridor.
      1226 Roselle Rd N, Schaumburg, IL 60195
      View Details
    • Contact for pricing
      5,989 SF

      Schaumburg Office Space Available

      Office space available for lease in Schaumburg, Illinois.
      120-160 W Center Ct, Schaumburg, IL 60195
      View Details
    • Contact for pricing
      75,102 SF

      Schaumburg Office Space Available

      Office space with modern amenities and convenient location for rent.
      1901 N Roselle Rd, Schaumburg, IL 60195
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Barrington Rd
    Schaumburg, IL 60195
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Barrington Rd, Schaumburg, IL, 60195
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!