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1195 S NW Hwy, Barrington, IL, 60010

$1,250,000

4.90 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #11696124
Lot Size4.90 Acres
StatusAccepting Backup Offers
(Contingent)

About 1195 S NW Hwy

Located at the entrance to Barrington, on highly traveled Northwest Highway with daily vehicle count of 19,400 at Northwest and Ela intersection, this property is ideal for a developer. The property is commercially zoned and could be light industrial, self storage, office, or retail use. This site has the flexibility of several uses. With an ingress and egress on two roads, this location is ideal for trucks and deliveries, with one on Ela and the other on Northwest Highway. The property currently is on well and septic, and would need public water and sewer lines run to site, or a well and septic system to match the size of the development project. The City of Barrington is eager for development here and willing to work closely with the developer.

Property Details

Property Features

Listing Office:

  • Office Name: Compass
  • Office Phone: (847) 306-6158
  • Listing Agent: Lisa Rabe

Lot Features

Lot Information:

  • Lot Size: 4.90 Acres

School Info

Assigned Schools Information:

  • Barrington High School, Public District Grades 9-12
  • Barrington Middle School Station, Public District Grades 6-8
  • Arnett C Lines Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: The property is located on the eastern side of Northwest Hwy.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,250,000
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Housing Market Comparison

See how this home compares to others in Barrington, IL.

Med. Sold Price

$605K

Med. Price/SqFt

$212

Avg. Days On Market

17

# of Sold Homes

18

1195 S NW Hwy vs Barrington

481 DAYS ON ROCKET

+464 Days

$1,250,000

+$645K More

KEY TAKEAWAY

This property is $645K more than the Median Sold Price in Barrington, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #11696124

Listing Office:

  • Office Name: Compass
  • Office Phone: (847) 306-6158
  • Listing Agent: Lisa Rabe

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Property Sales & Tax

Listing History

Sep 23, 2005Home Sold
$350,500
Nov 13, 1997Home Sold
$184,000
Nov 13, 1997Home Sold
$184,000

History based on county public records data.

Payment Calculator

$6,306

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,814

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4271747
10
/10
  • Arnett C Lines Elementary School

  • 217 Eastern Ave

  • 1.39 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4271748
6
/10
  • Barrington Middle School Station

  • 215 Eastern Ave

  • 1.50 miles

  • Public District Grades 6-8

High School

school-card-donut-4271749
8
/10
  • Barrington High School

  • 616 W Main St

  • 2.83 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $185,897. The most common annual income of people living in Barrington, IL is $200k+. The majority of families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1195 S NW Hwy

What is the listing price of this property?

The listing price of 1195 S NW Hwy property is $1,250,000.

What type of property is this?

The property 1195 S NW Hwy is land located in Barrington, Illinois, 60010.

Is this property for sale now?

Accepting Backup Offers: 1195 S NW Hwy is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 1195 S NW Hwy are:
Arnett C Lines Elementary School: GreatSchools Rating 10/10
Barrington Middle School Station: GreatSchools Rating 6/10
Barrington High School: GreatSchools Rating 8/10

When was this property sold last time and for how much?

The last sale was on September 23, 2005 for $350,500. (source: MLS/tax record).

How much acreage is this property?

The property 1195 S NW Hwy is 4.90 acres.
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Rocket HomesIllinoisLake CountyBarrington600101195 S NW Hwy

This home is located at 1195 S NW Hwy in Barrington, IL and zip code 60010 in the Park View Acres neighborhood. This home sits on a 4.90 acre lot. It has been listed on Rocket Homes since January 05, 2023 and is currently priced at $1,250,000.

Barrington, IL housing market in March 2024 saw over 6 listings sold above listed price, more than 4 sold at listed price and over 8 sold below. The number of listings in Barrington, IL increased by 15.3% between February 2024 and March 2024. The median list price of listings available in March 2024 was $605,000, while the average time on the real estate market was 17 days.

From Rocket Homes Real Estate and based on county public records data.

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