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Veridian Active Adult Multifamily Site

1297 East Algonquin Road Schaumburg, IL 60196

1297 East Algonquin Road, Schaumburg, IL, 60196
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For Sale
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2.5 acre lot for 180-unit multifamily project.

Property Size2 SF
Lot Size2.50 Acres
Days on Market116

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 Checked: Jul 17 at 3:19 am

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

Property Profile Location Intelligence

Current Use by Public Records

Veridian Corporate Office

Suggested Use

Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Dental Office (Bike/Boat/Book/etc) Store Garden Center Daycare Center (Bike/Boat/Book/etc) Store Locksmith Plumbing Service

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

FAQs

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
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