Unique home with rehab opportunities in Barrington


Posted April 4, 2018 by Propertyup

PropertyUp announces this unique home in an outstanding location at 348 Ridge Rd., Barrington, IL 60010.

 
PropertyUp announces this unique home in an outstanding location at 348 Ridge Rd., Barrington, IL 60010.
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This big 5 bedroom has a lot to offer the right owner.

“Besides being a lot of house for the money, this is the type of home that with a little TLC will give great equity, and be a real showplace,” said John Herman, broker of PropertyUp. “It is the type of home an investor, or person who loves to rehab homes is always looking for. It could be amazing.”

The house has 4442 square feet and huge rooms throughout including a 30 x 30 great room on the iwer level, a 15 x 30 living room, 15 x 13 dining room, 17 x 16 master bedroom, and other large rooms.

It’s a walk out lot with several balconies on the upper level. There hasn’t been much updating done, but there are amazing fireplaces and great bones in this home, which also has a 3 car garage and sits on 5 acres.

There is central air, and a private septic and well.

It is in school district 220 and the 2016 taxes were $15701.04.

Barrington is located about 32 miles northwest of Chicago and is an area of wetlands, forest preserves, parks, horse trails in a country-suburban setting. The zip code 60010 is the 7th wealthiest zip codes in the nation with cities of 20000 or more.

The motto is a “a great place to live, work and play.”

Population is estimated at 42,934, with 15,713 households. Over 6000 homes feature children, and there has been a 3% population grown since 2000. The median age is 33.45 years of age. The population is 50/50 male/female and 71% of the population is married, 19% are single. Divorced, widowed and separated make up the remaining population.

The median home sale price was $465,000, with an annual turnover rate of 14.59% and 45.87% of the residents stay in their home 5 years or more.

Home ownership is high in Barrington, with 85% of the population owning, 9% renting and 6% vacant.

Retail is the largest employer, followed by services, construction, manufacturing, finance, and transporation and communication. Seventy-nine percent of the population is employed in white collar jobs.

https://propertyup.com/realty/great-location-for-this-home-in-barrington/


The average household income is $179,308, with average per capita income of $66024. However, the greatest number of households (almost 2500) make between $150,000 and $200000, with about 1750 households in the $250-500,000 range and about 1200 homes ranking in the $500,000+ range.

The overwhelming majority (83%) drive to work, while a small percentage (8%) use public transportation.

Most Barrington residents are college educated with 9,732 earning bachelor degrees, 6,145 with graduate degrees, 4,429 reporting “some college” and 1724 with associate degrees.

Barrington features a large variety of public and private schools at all levels. The public schools get a 10 rating from the Great Schools rating system. It is the 220 school district.

https://propertyup.com/sale/barrington+hills,Illinois

This listing is offered by John Herman. To see it email assistant @propertyup.com or call 847 847 This listing is offered by John Herman. To see it email assistant @propertyup.com or call 847 847 4711.
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Contact Email [email protected]
Issued By PropertyUo Inc.
Website 348 Ridge Rd., Barrington, IL 60010
Business Address 348 Ridge Rd., Barrington, IL 60010
Country United States
Categories Real Estate
Tags barrington hills homes for sale , chicago real estate , homes for sale barrington hills
Last Updated April 4, 2018