7465 Barrington Rd
Hanover Park, IL 60133
New Mattress Firm | 15-YR LS | 8.75% Cap · Retail Property For Sale

***Leasehold*** The property is located on the hard corner of Barrington Road and Bristol Lane, an intersection with access and visibility to 38,500 vehicles per day. The site is an outparcel to Menards, one of the area’s top employers, and is located along Hanover Park’s main retail corridor. Other major tenants nearby include Sam’s Club, Walgreens, McDonald’s, Bank of America, Target, Home Depot, and Ross Dress for Less, among many others. Stratford Square Mall, which is slated for a $30 million-plus renovation, is less than five miles southeast of the site, and is anchored by Burlington Coat Factory, Macy’s, Sears, and Caron’s. It is expected to provide a sales tax boost for the village. The property also benefits from its central location in the Chicago metropolitan statistical area (MSA), with 266,814 people living within a five-mile radius of the property--providing a large customer base for Mattress Firm. Less than a mile south of the site, Metra’s Milwaukee West line, which runs between Elgin, Illinois and Chicago, Illinois sees over 1,400 passengers a day from the Hanover Park stop. O’Hare International Airport is located 17 miles east. Downtown Chicago is only 45 minutes away by rail, and offers various sports and art attractions to Hanover Park residents.