120 N Rainbow Road North Barrington, IL ^$ 125,000

120 N Rainbow Road

^$ 125,000

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Recently Listed

120 N Rainbow Road

North Barrington, IL, 60010

^$ 125,000

Studio Baths0.0

Monthly Estimate*

^$ 789

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120 N Rainbow Road, North Barrington, IL 60010 - Image 10

120 N Rainbow Road, North Barrington, IL 60010 - Image 11

120 N Rainbow Road, North Barrington, IL 60010 - Image 12

120 N Rainbow Road, North Barrington, IL 60010 - Image 13

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Studio

Lots and Land for sale in North Barrington, IL

for $125,000. The lot size is 2.12.

With nothing on the market and lumber prices on the decline, the time is right to build your next home! Here's your opportunity for a 2+/- acre homesite in the Village of North Barrington. This gorgeous setting offers the privacy you'd expect from your own 2 acre homesite with the benefit and convenience of shopping, dining and highways just minutes away. This partially wooded parcel has a subtle rolling terrain perfect for a look-out or possibly walk out basement depending on where you decide to situate your new home. The owner has a Full set of plans for the home pictured, topography plan, and a septic design.

Lots and Land Active

Price

^$ 125,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

^$ 4,428

Style

Single Family

Lot Size

2.12

Town/City

North Barrington

County/Region

Lake

MLS | Web ID

12690426

Features

General

Sewer Septic Needed

Utilities Electric to Site Natural Gas Available

Possession Closing

Zoning SINGL

Township Cuba

Tax Year 2024

Current Use Single Family

Ownership Fee Simple

County Lake

Property Type Land Land

Status New

Directions Rt 22 east of Rt 59 to Rainbow Rd. and South to property

High School Barrington High School

City North Barrington

High School District 220

MLS Area Barrington Area

Tax Annual Amount 4428.34

Standard Status Active

Middle/Junior School District 220

Elementary School District 220

Exterior

Water Source Well Required

Total Parking 0

Lot Dimensions 248X413X206X410

Lot Size Acres 2.12

Road Surface Type Asphalt

Frontage Length 248

Frontage Type Public Road

Waterfront Y/N N

Interior

Total Baths 0

* Excluded Features

List By

Re/Max Properties Northwest

Broker

ToddGagliano@remax.net

Affordability Calculator

$1,158

Per Month

Monthly Principal & Interest: $789
Monthly Property Taxes: $369
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Lots and land listings in North Barrington, IL

Average List Price ^$449,850

Percent of Sale Price 260%

About North Barrington, IL

3,182 Population

7% Since 2002

^$147,116 Median Income

49.65 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565401 Elementary School

566871 Middle School

Barrington High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/28/2026	$125,000		Listed Price

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120 N Rainbow Road, North Barrington, IL, 60010 is a Lots and Land for sale at $125,000 with a lot size of 2.12. 120 N Rainbow Road is a studio with 0.0 baths. The property's zip code is 60010 which is in North Barrington, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/28/2026.

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120 N Rainbow Road

Lots and Land for sale in North Barrington, IL

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