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    1301A N Plum Grove Rd Schaumburg, IL 60173

    For Sale
    $350,000

    Prime commercial land near medical facilities and major transportation routes.

    Property size:
    33,841 SF
    Lot size:
    33.00 Acres

    Property Features for 1301A N Plum Grove Rd

    General Information

    Size
    33,841 SF
    Lot size
    33.00 Acres

    Source: Albert M. Lindeman Agent Albert M. Lindeman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shovel-Ready Land Site Opportunity

    This approximately 33,841 square foot shovel-ready land site is zoned M-1 and located in the Northwest Suburban area. The property benefits from high visibility, situated just 0.2 miles from Golf Road, with a traffic count of 28,000 vehicles per day. Strong Northwest Suburban demographics enhance its appeal. The site is located next to Horizon Medical Center, which provides primary care, urgent care, emergency visits, routine checkups, and aesthetic medical services. Its proximity to four major hospitals makes it an attractive prospect for land users and developers. The Northwest Suburban area offers a thriving market for office and medical investments, with close proximity to medical facilities such as Alexian Brothers Medical Center and St. Alexius Medical Center. Nearby attractions like Woodfield Mall, the largest shopping center in Illinois, provide convenience and amenities. The area also boasts a range of dining options, making it a desirable destination for medical professionals and patients alike.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Auto Repair Shop Wholesale Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0592945
    Latitude
    42.053385

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    FAQs

    What type of property is this?
    Land - Prime commercial land near medical facilities and major transportation routes.
    Where is this land located?
    The property is located at 1301A N Plum Grove Rd Schaumburg, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Shovel-ready ±33,841 land site zoned M-1.; - High visibility location, 0.2 miles from Golf Road with 28,000 VPD.; - Located in the strong Northwest Suburban demographics area.
    (847) 421-1066
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    1301A N Plum Grove Rd Schaumburg, IL 60173
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1301A N Plum Grove Rd Schaumburg, IL 60173
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