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    890 Perimeter Dr Schaumburg, IL 60173

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    For Lease
    Contact for pricing

    High-traffic retail destination with affluent demographics and easy access.

    Property size:
    163,000 SF
    Lot size:
    116.54 Acres

    Property Features for 890 Perimeter Dr

    General Information

    Size
    163,000 SF
    Lot size
    116.54 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Brendan Reedy

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

    Overview

    Prime Retail Space in Schaumburg

    This retail property is located in Schaumburg, Illinois, a top suburban location with over 30 hotels and 200+ restaurants. The property benefits from its easy access, situated just off I-90, I-290, and IL-53, with 5+ traffic light entrances. As a premier shopping destination in Illinois, it attracts 17 million annual visits. The property is part of a larger complex encompassing 2 million square feet and hosting 280+ brands, including Nordstrom, Apple, and Sephora. The surrounding trade area boasts affluent demographics, including a population of 1.4 million and an average household income of $110,000. The area also has nearly 1 million employees and generates $2.9 billion in annual retail sales. The property contains 163,000 square feet of retail space.
    Location Intelligence

    Current Use by Public Records

    Sears Heating and Air ... Hvac Contractor Sears Auto Center Auto Repair Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0330231
    Latitude
    42.0449802

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    FAQs

    What type of property is this?
    Shopping mall - High-traffic retail destination with affluent demographics and easy access.
    Where is this shopping mall located?
    The property is located at 890 Perimeter Dr Schaumburg, IL.
    What are key features of this property?
    This property features: - #1 Shopping Destination in Illinois with 17 Million Annual Visits; - Affluent Demographics: $110,000 Average Household Income in a 1.4 Million Population Trade Area; - Easy Access: Located Just off I-90, I-290 & IL-53 with 5+ Traffic Light Entrances
    (630) 954-7327
    Request Owner's contact information
    890 Perimeter Dr 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
    890 Perimeter Dr Schaumburg, IL 60173
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