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Veridian Active Adult Multifamily Site
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1297 East Algonquin Road, Schaumburg, IL 60196

2.5 acre lot for 180-unit multifamily project.

Property Size2 SF
Lot Size2.50 Acres
Days on Market142

Property Features for 1297 East Algonquin Road

General Information

Standard status Active
Size 2 SF
Lot size 2.50 Acres
Property subtype Land
Listing Agency: CBRE | Chicago
Listed By: Brian Buckingham
Source: Cbre
Added: Mar 25 Changed: Jul 10 Last Checked: Aug 12 at 4:46PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This 2-acre property, identified as Lot 15, is located within the master-planned community of Veridian. It is currently programmed for an approximately 180-unit active adult multifamily project. The site features a graded, improved pad with utilities stubbed to the location.

Key Highlights

  • 2. 5 Acre Lot
  • Graded and Improved Pad
  • Utilities Stubbed to Site

Property Analytics

Current Use

Veridian Corporate Office

Suggested Use

Top Pick Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Dental Office Garden Center Daycare Center

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

361
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Land - 2.5 acre lot for 180-unit multifamily project.
Where is this land located?
The property is located at 1297 East Algonquin Road Schaumburg, IL.
What are key features of this property?
This property features: 2. 5 Acre Lot; Graded and Improved Pad; Utilities Stubbed to Site
More about this property
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