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Grocery-Anchored Shopping Center
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1251 E Golf Rd, Schaumburg, IL 60173

A three-building retail center combines grocery, hobby, and apparel anchors with 97% occupancy.

Property Size208,148 SF
Lot Size18.65 Acres
Days on Market144

Property Features for 1251 E Golf Rd

General Information

Standard status Active
Size 208,148 SF
Lot size 18.65 Acres
Property subtype Retail
Occupancy 97%

Site & Location

Anchor Co-Tenants Joong Boo Market, Hobby Lobby, Ross Dress For Less
Traffic Count 47,000 vehicles/day

Building Details

Buildings 3
Tenancy Multi
Listing Agency: Cushman & Wakefield - Nashville, Tennessee
Listed By: Evan Halkias · License #IL 475120259
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 31 at 2:27AM

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 Cushman & Wakefield - Nashville, Tennessee

Investment Insights

Based on property information with market context.

Woodfield Commons is a 208,148 square-foot shopping center comprising three buildings: a standalone grocery building and two multi-tenant strips anchored by Hobby Lobby and Ross Dress For Less. The property is 97% occupied, with anchor tenants representing 64% of GLA and 58% of revenue. Joong Boo Market is associated with a new 10-year lease scheduled to open in Q4 2023.

The center occupies 18.65 AC along Golf Road in Schaumburg, Illinois, with reported traffic of 47,000 VPD. It is located 30 miles northwest of downtown Chicago and serves an area of 272,000 residents within five miles, where average household income is $119,000. Eight tenants renewed during the last two years, totaling 128K SF, including Half Price Books, Men’s Warehouse, and Ross Dress For Less.

Key Highlights

  • 208,148 square‑foot grocery‑anchored shopping center
  • 97% occupied across three buildings
  • 18.65 AC along Golf Road with 47,000 VPD

Property Analytics

Current Use

Men's Wearhouse Clothing & Fashion Store

Suggested Use

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

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

Lease Details

47,000 VPD
Traffic count
97%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,022
Businesses Nearby
390k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Dining 57% Shops & Services 23% Electronics 11% Hotels & Casinos 3%
Costco Gasoline Shops & Services
79,692 visits/mo 0.4 miles
Chick-fil-A Dining
44,424 visits/mo 0.4 miles
Best Buy Electronics
44,163 visits/mo 0.4 miles
McDonald's Dining
30,163 visits/mo 0.4 miles
Panera Bread Dining
17,773 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - A three-building retail center combines grocery, hobby, and apparel anchors with 97% occupancy.
Where is this shopping center located?
The property is located at 1251 E Golf Rd Schaumburg, IL.
What are key features of this property?
This property features: 208,148 square‑foot grocery‑anchored shopping center; 97% occupied across three buildings; 18.65 AC along Golf Road with 47,000 VPD
(312) 470-2317 Call to check price and availability
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