65 S Barrington Rd - Prime Redevelopment Opportunity

For Sale: 9.29 Acres of prime land for redevelopment in South Barrington, IL 65 S. Barrington Rd South Barrington, IL 60010 Prime Location Just North of I-90 & Barrington Rd Full Interchange Iconic Millrose Restaurant & Multi-building campus on 9.29 Acres For Sale New Price Reduction: Now Asking Price: $6,700,000 **** TIF & Sales Tax Incentives may be available**** SUBJECT PROPERTY HIGHLIGHTS • 9.29 Acres of prime land for redevelopment • Sale includes existing Millrose restaurant, country store, office building & industrial buildings • Located one block North of full interchange at I-90 & Barrington Rd • Located at signalized SEC of Barrington Road & Central Road • Site has 1,100 feet of frontage on Barrington Road • Site has 1,000 feet of frontage on Central Road • Wide range of allowable uses for redevelopment • Village Incentives may be available • Ideal User/Investor opportunity or corporate HQ facility Demographic info: 2 mile 5 mile 10 mile 2022 Population 19,528 181,151 766,579 Avg Household Income $101,654 $115,007 $112,614 -Daily Traffic Counts of over 28,956 Vehicles per day on Barrington Road -Daily Traffic Counts of over 128,351 Vehicles per day on I-90 @ Barrington Road The subject property is a 9.29 acre campus with multiple buildings, including a restaurant, retail store, office buildings, and industrial space. This property is located in highly desirable area with a mix of existing retail, office, industrial, hospitality & entertainment & high-end residential properties. Its close proximity to the 4-way Barrington Road interchange (one block) north of I-90 makes it attractive to businesses and organizations that rely on convenient tollway access as well as those that provide services to the local community. The property is highly desirable & likely best suited for various potential redevelopments including the following: retail, industrial, office or combinations thereof. Village Recommended Uses include the following in part or in whole: - Industrial - Hotel - Gas Station - Office - Retail - Entertainment District - Medical - Restaurants NO- Assisted Living or Industrial Distribution with high number of truck docks ****TIF and Sales Tax Incentives may be available from the village ***