301 W Northwest Hwy 2,300 SF Retail Building Barrington, IL 60010 $1,100,000 ($478.26/SF) 5% Cap Rate

A 5-year lease is in place at a base rent of $6,000 per month ($72,000 annually, gross), less approximately $13,000 per year in real estate taxes and $4,000 per year in insurance. Rent escalates at 3% annually. The lease includes one (1) five-year renewal option at a rental rate equal to the greater of a continued 3% annual increase or then-prevailing market rent.
QSR/Redevelopment Opportunity on Major Barrington Corridor
A rare opportunity to acquire a freestanding ±2,300 SF building with drive-thru potential along one of the most heavily trafficked corridors in Barrington—just ahead of a transformative multi-lane infrastructure expansion of Route 14 (Northwest Highway). Situated on a 0.252-acre parcel with B-1 zoning, this property offers immediate value for QSR operators, coffee concepts, and developers seeking a strategic infill site in a high-income, underserved trade area.
Previously approved for a drive-thru by the Village of Barrington (former Dunkin’ Donuts submission), this site combines strong fundamentals with massive upside. The location sits in a fast-food desert—no Wendy’s, Taco Bell, Five Guys, or Burger King nearby—and recent franchise interest signals strong demand.
This is a rare chance to preemptively secure a presence in Barrington’s next wave of commercial growth.