2300 W Higgins Rd, Hoffman Estates, IL

Name: 2300 W Higgins Rd, For Sale in Hoffman Estates - Zoocasa
Brand: Sperry Van Ness
SKU: 12480286
Price: 9375000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$9,375,000

000

MLS® 12480286

Key Facts
Description
Map

Key Facts

Type Retail

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $506,810

Days Active 147

Approx. Age 1975

MLS® Number 12480286

Property Address: 2300 W Higgins Rd, Hoffman Estates, IL, 60169-2413

Average square foot calculated using Size range provided by listing agent.

Description

Pleased to present Barrington Square Town Center in conveniently located Hoffman Estates, IL. This well-maintained, 101, 769 SF neighborhood shopping center, sitting on an 11.01-acre site, is well-positioned with "Internet-proof" businesses, which speaks to the stability of the property's cash flow. Many long-term tenants occupy the shopping center, including Advance Pre-School, Garibaldi's Restaurant, Gigi's Playhouse, and Poplar Creek Bowl, which recently expanded their space and invested over two million dollars in improvements, including a large catering facility. Newer tenants, Kritunga Indian Restaurant and the 9, 000 SF Playroom Cafe Social, have rounded out an impressive tenant mix. Barrington Square is strategically positioned adjacent to several office parks, other high-quality retailers and restaurants, and is immediately across from the massive Ascension Amita Health St. Alexius Medical Center campus, which hosts over 3, 000 employees. It also boasts new prototype McDonald's, 7-Eleven, Buona Beef, and Popeye's prototypes on the adjacent outlots. Barrington Square has benefited from long-term, hands-on ownership, which has recently made massive improvements to the property, including a new facade, landscaping, curbing, storm water detention, LED lighting, and parking surfaces, to name a few. Additionally, the Village of Hoffman Estates has designated the area around Barrington Square for thousands of new residential units, including the existing 300-unit "Seasons of Hoffman Estates", directly across from the property, and a planned 330-unit development - "Grand Reserve of Hoffman Estates" - immediately adjacent to the property. This opportunity will also provide a new owner upside due to two updated vacant spaces totaling approximately 5, 022 SF. Several long-term tenants are also paying below-market rental rates. An additional out-lot land site of 52, 905 SF is also available for purchase.

MLS® Number12480286

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1975

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Sep 25, 2025List Date

$9,375,000List Price

Commute

Commute

Starting Address

Destination Address

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