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Schaumburg Land for Ground Lease

1000 Plaza Dr, Schaumburg, IL 60173

For Sale
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5.59 acres near Woodfield Mall available for ground lease.

Property SizeContact for details
Lot Size5.59 Acres
Days on Market780

Property Features for 1000 Plaza Dr

General Information

Standard status Active
Lot size 5.59 Acres
Property subtype Land
Listing Agency: Colliers - Rosemont, Illinois
Listed By: Brad Belden · License #471.018723
Source: Crexi
Added: Sep 21, 2024 Changed: Aug 8 Last Checked: May 12 at 9:12PM

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 Colliers - Rosemont, Illinois

Rey
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Investment Insights

Based on property information with market context.

Available for ground lease is a 5.59-acre parcel located just off the southeast corner of Meacham Road and Golf Road in Schaumburg, Illinois. The site is adjacent to Woodfield Mall and benefits from high traffic volume, with approximately 75,000 vehicles per day at the intersection of Meacham Road and Golf Road. The location offers excellent visibility and access, making it suitable for redevelopment plans such as multiple free-standing retail buildings or restaurants. Situated in a strong retail corridor and entertainment district, and surrounded by offices, this location is highly desirable for both national and regional tenants.

Key Highlights

  • Prime location adjacent to Woodfield Mall
  • High traffic volume: approximately 75,000 vehicles per day at Meacham & Golf Rd
  • 5.59 acres available for ground lease

Property Analytics

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Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Plumbing Service Daycare Center Catering Service Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,255
Businesses Nearby

Demographics for 60173, IL

13,764
Population
6,901
Households
2
Avg Household Size
35
Median Age
67%
College-Educated
97%
High-School Grad
6.4 sq mi
ZIP Area
2,151
Density / Sq Mi
$99,975
Median Household Income
$68,305
Median Earnings
$1,786
Median Rent
$311,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Cook County

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Frequently Asked Questions

What type of property is this?
Commercial land - 5.59 acres near Woodfield Mall available for ground lease.
Where is this commercial land located?
The property is located at 1000 Plaza Dr Schaumburg, IL.
What are key features of this property?
This property features: Prime location adjacent to Woodfield Mall; High traffic volume: approximately 75,000 vehicles per day at Meacham & Golf Rd; 5.59 acres available for ground lease
(773) 531-6886 Call to check price and availability
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