Retail Space
162 West Higgins Road South Barrington, IL 60010

Details & Description

Price: $1,800,000

Highlights$1,500,000 Price Reduction!18,700 SF partially leased retail building with huge visibility off of Higgins RoadDescriptionSchaumburg/Hoffman Estates Retail Corridor. Ideal for Value Add Retail and or Redevelopment. 18,700 SF partially leased retail building with huge visibility off of Higgins Road. Multiple medical tenants in the space.Prime location along Higgins Road in Schaumburg Retail Corridor with National Tenants nearby.LocationNorthwest Suburbs

Property ID: 203283
Property URL: melqr.com/203283
Generated: 04-27-24

Listing Agents

Paul Tsakiris

O: 773-355-4780
M: 773-545-4067
paul@1stwesternproperties.com

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Retail Space / Illinois / South Barrington / 60010 / 162 West Higgins Road

162 West Higgins Road

South Barrington, IL 60010

Listing ID: 203283

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162 West Higgins Road South Barrington, IL 60010 | for Sale | Photo 1

Building Size: 18,670 SF

Lot Size: 1.250 AC

Land Size: 54,450 SF

Building $/SF: $96.41

Land $/SF: $33.06

Price

$1,800,000

Description

Highlights
$1,500,000 Price Reduction!
18,700 SF partially leased retail building with huge visibility off of Higgins Road
Description
Schaumburg/Hoffman Estates Retail Corridor. Ideal for Value Add Retail and or Redevelopment. 18,700 SF partially leased retail building with huge visibility off of Higgins Road. Multiple medical tenants in the space.
Prime location along Higgins Road in Schaumburg Retail Corridor with National Tenants nearby.
Location
Northwest Suburbs

Points of Interest & Demographic Radii

Points of Interest

Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Naperville History of Retail Space for Sale

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Listing Demographics for 162 West Higgins Road South Barrington, IL 60010

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		1,377	25,241	167,459
Population Median Age		42	38	38
Population by Age	0-9 Yrs	145 (10%)	3205 (12%)	21787 (13%)
	10-19 Yrs	236 (17%)	3481 (13%)	22427 (13%)
	20-29 Yrs	67 (4%)	2976 (11%)	21306 (12%)
	30-39 Yrs	83 (6%)	3530 (13%)	23326 (13%)
	40-49 Yrs	237 (17%)	3365 (13%)	23005 (13%)
	50-59 Yrs	274 (19%)	3425 (13%)	23088 (13%)
	60-69 Yrs	178 (12%)	2936 (11%)	18913 (11%)
	70+ Yrs	157 (11%)	2323 (9%)	13607 (8%)

Median HH Income		$119,577	$90,647	$84,368
Total Household Income	< 24K	45 (10%)	1050 (11%)	5766 (10%)
	25-49K	35 (7%)	1281 (13%)	9314 (16%)
	50-74K	54 (12%)	1391 (15%)	9572 (17%)
	75-99K	33 (7%)	1368 (14%)	9136 (16%)
	100-199K	139 (31%)	2766 (30%)	16910 (30%)
	200K+	136 (30%)	1299 (14%)	5455 (9%)

Highest Education Level	No Diploma	30	1326	14970
	Diploma or GED	112	3193	26416
	Some College	181	3254	21309
	Assoc. Degree	65	1320	8777
	Bachelors Degree	322	5284	27276
	Higher Degree	249	3111	14825

Total Housing Units		449	9,469	58,474
--Owner-Occupied		393	6,762	43,483
--Renter-Occupied		50	2,393	12,669
Owner-Occupied Values	< 100K	11	308	2578
	100-199K	9	1888	15177
	200-299K	17	1271	12408
	300-399K	28	921	6905
	400-499K	47	596	2605
	500K+	280	1779	3810

Total Working Age Population		1,039	19,721	131,518
In Work Force		581	13,123	91,851
Not In Work Force		458	6,599	39,667
Workforce Employed		567	12,725	88,106
Workforce Unemployed		14	398	3,698
Civlian Workforce		581	13,123	91,804
Military Workforce		0	0	47

Total Households		443	9,155	56,152
Family Households		391	6,787	42,356
Non-Family Households		52	2,368	13,796
Married Couple		332	5,265	33,587
Other Family		58	1,522	8,768
Married w/Child		133	2,290	15,126
Single Male w/Child		9	193	1,164
Single Female w/Child		12	647	3,094

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243
Kane County	404,119	+28	515,269	+22	630,563	+8	679,403

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 162 West Higgins Road in South Barrington?

The asking price for 162 West Higgins Road is $1,800,000

What is the building size of this Retail property in South Barrington, IL?

The size of the building/unit at 162 West Higgins Road in South Barrington is 18,670 square feet

How much land does the South Barrington, IL property at 162 West Higgins Road include?

162 West Higgins Road in South Barrington includes 1.250 acres of land

What kind of Retail is the propery at 162 West Higgins Road?

The property at 162 West Higgins Road South Barrington, IL 60010 is listed as a Shopping Center Retail property

What is the population within 1 mile of 162 West Higgins Road in South Barrington?

The population within 1 mile of 162 West Higgins Road South Barrington, IL 60010 is 1,377 people.

Who do I contact for questions about 162 West Higgins Road?

You should contact the listing agent, Paul Tsakiris, for any details regarding this commercial listing.

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Closest Commercial Airports

Airport	Distance (mi)
Chicago O'Hare International Airport (ORD)	16
Chicago Midway International Airport (MDW)	30
Chicago Rockford International Airport (RFD)	48