241 Otis Rd Barrington, IL 60010
Estimated payment $8,245/month
About This Lot
An extremely rare and spectacular location in the heart of Barrington Hills to begin your construction this Spring! This exceptional five acre property offers an idyllic setting for your country estate, overlooking the serene Goose Lake. With a private drive leading to this groomed site, you'll enjoy incredible views and a sense of tranquility. The lot's elevation is 70 feet higher than the lake, providing breathtaking vistas and a unique vantage point. Completely cleared and ready for new construction, with utilities to the site, this coveted parcel is the perfect canvas to build the home you have dreamed of-and now it is your reality. Embrace the opportunity to have your custom estate, surrounded by natural beauty and elegance. This prime location on Otis road in Barrington Hills is ready to be yours. Architectural Building Plans Available Upon Request.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,249
Year Built
- 1954
Lot Details
- 5.03 Acre Lot
- Lot Dimensions are 423x314x71x252x350x569
- Property fronts a private road
- Property fronts an easement
- Property is zoned SINGL
Schools
- Countryside Elementary School
- Barrington Middle School Prairie
- Barrington High School
Utilities
- Septic Tank
Community Details
- No Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,125 | $21,919 | $21,919 | -- |
| 2023 | $5,125 | $21,919 | $21,919 | -- |
| 2022 | $5,125 | $21,919 | $21,919 | $0 |
| 2021 | $6,163 | $23,020 | $10,959 | $12,061 |
| 2020 | $7,560 | $29,096 | $10,959 | $18,137 |
| 2019 | $10,013 | $44,029 | $21,919 | $22,110 |
| 2018 | $13,559 | $58,364 | $16,439 | $41,925 |
| 2017 | $13,261 | $58,364 | $16,439 | $41,925 |
| 2016 | $12,550 | $58,364 | $16,439 | $41,925 |
| 2015 | $12,671 | $52,594 | $10,959 | $41,635 |
| 2014 | $12,646 | $52,594 | $10,959 | $41,635 |
| 2013 | $12,147 | $52,594 | $10,959 | $41,635 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | For Sale | $1,395,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | Attorney |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $625,000 | Adjustable Rate Mortgage/ARM | |
| Closed | $1,059,200 | Unknown | |
| Closed | $200,000 | Credit Line Revolving |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12369399
APN: 01-09-204-020-0000
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