Commercial Land at Retail
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1 Wise Rd, Schaumburg, IL 60193
Commercial B2-zoned development site near established retailers and the Verandah Retirement Community.
Property SizeContact for details
Days on Market61
Property Features for 1 Wise Rd
General Information
Standard status
Active
Property subtype
Land
Zoning
Commercial B2
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Daniel Hyman · License #IL 471.013658x
Source:
Crexi
Added: Jul 1
Changed: Aug 30
Last Checked: Aug 30 at 2:52AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Millennium Properties R/E
Investment Insights
Based on property information with market context.
This 1.71-acre commercial land parcel provides a 74,488-square-foot development site at the intersection of Farmstead Lane and West Irving Park Road. Frontage extends 186 feet along West Irving Park Road and 399 feet along Farmstead Lane. The site is zoned Commercial B2 and has been identified for potential retail, office, medical office, daycare, and restaurant development.
The property is near the Verandah Retirement Community and national retailers including CVS, Starbucks, Dollar General, and Culver’s. Additional nearby commercial operators include Menards, Walgreens, McDonald’s, LA Fitness, and Chase in the Barrington Road and Irving Park area of Schaumburg, in the northwest suburbs of Chicago.
The property is near the Verandah Retirement Community and national retailers including CVS, Starbucks, Dollar General, and Culver’s. Additional nearby commercial operators include Menards, Walgreens, McDonald’s, LA Fitness, and Chase in the Barrington Road and Irving Park area of Schaumburg, in the northwest suburbs of Chicago.
Key Highlights
- 74,488‑square‑foot development site on 1.71 acres
- 186’ frontage on West Irving Park Road
- 399’ frontage on Farmstead Lane
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
635
Businesses Nearby
Explore this area
Business Placement
Demographics for 60193, IL
40,805
Population
16,478
Households
2.5
Avg Household Size
42
Median Age
44%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
4,637
Density / Sq Mi
$92,284
Median Household Income
$57,707
Median Earnings
$1,699
Median Rent
$317,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial B2-zoned development site near established retailers and the Verandah Retirement Community.
Where is this commercial land located?
The property is located at 1 Wise Rd Schaumburg, IL.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 74,488‑square‑foot development site on 1.71 acres; 186’ frontage on West Irving Park Road; 399’ frontage on Farmstead Lane
