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2350 W Higgins Rd
Hoffman Estates, IL 60169
High Profile Development Sites Available · Land For Sale · 8.45 AC

INVESTMENT HIGHLIGHTS

  • Pad-ready land with all utilities to site and existing parking field of approx. 275 spaces
  • Zoned B2- Commercial - many possible uses include Multi-Family
  • Adjacent to 100,000 SF Barrington Square Town Center & several large office parks
  • Existing underground and pond detention
  • Targeted for 300 multi-family units by current village master plan
  • Frontage on Higgins Rd with over 30,000 daily vehicle count

PROPERTY FACTS

Property Type Land
Property Subtype Residential
Proposed Use
Retail
  • Multifamily
  • Storefront, Retail or Office
Total Lot Size 8.45 AC
Zoning B2

DESCRIPTION

Pad sites ready for development. Located 25 miles northwest of Downtown Chicago and 12 miles from O'Hare International Airport, Hoffman Estates is part of the Chicago Metropolitan Statistical Area (MSA) and is accessible to the entire Chicagoland region. With the recent widening of I-90, travelers can now get to O'Hare within 20 minutes or could utilize the Pace Park and Ride at Barrington Road to take the rapid transit bus into the CTA Blue Line station in Rosemont. One of the most significant projects to be completed in 2017 was the construction of the Park-n-Ride pedestrian bridge over I-90, with Pace bus service beginning in 2018. Hoffman Estates enjoys access to major regional roadways, including the Jane Addams Tollway (I-90), as well as state routes 58 (Golf Road), 59 (Sutton Road), 62 (Algonquin Road), 68 (Roselle Road), and 72 (Higgins Road). Hoffman Estates has over 26,000 people employed by the more than 800 businesses operating in the villages, drawing from the pool of over 3 million workers who reside within a 60-minute commute. Hoffman Estates is a full-service municipal community, providing police, fire, public works, and social services. The village's ability to provide such services is supported by sound financial planning, as evidenced by the community's bond ratings of Aa (Moodys) and AA+ (S&P).

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-07-205-014-0000
Land Assessment
$959,555
Improvements Assessment
$92,280
Total Assessment
$1,051,835
  • Listing ID: 33354662

  • Date on Market: 9/30/2024

  • Last Updated:

  • Address: 2350 W Higgins Rd, Hoffman Estates, IL 60169

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