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Existing Restaurant Near Woodfield Mall
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1301 American Lane, Schaumburg, IL 60173

22,668 SF restaurant on 4.28 acres, near Woodfield Mall.

Days on Market322

Property Features for 1301 American Lane

General Information

Standard status Active
Property subtype Retail

Building Details

Year Built 2004
Listing Agency: Apex Realty Group LLC
Listed By: Brendan Reedy · License #27024
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:36AM

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 Apex Realty Group LLC

Investment Insights

Based on property information with market context.

This property features an existing 22,668 square foot restaurant situated on a 4.28-acre lot. The location is approximately 1,500 feet from Woodfield Mall.

Key Highlights

  • Located only 1,500 feet from Woodfield Mall
  • Existing 22,668 SF restaurant
  • Sits on a 4.28 acre lot

Property Analytics

Current Use

SREE ANANDA VILAS Restaurant Schaumburg Indian Grill ... Restaurant Schaumburg Banquet Wedding Service Grillhouse by David ... Bar & Pub

Suggested Use

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

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

2,646
Businesses Nearby
229k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 62% Electronics 19% Hotels & Casinos 8% Shops & Services 4%
Chick-fil-A Dining
44,424 visits/mo 0.3 miles
Best Buy Electronics
44,163 visits/mo 0.4 miles
McDonald's Dining
30,163 visits/mo 0.2 miles
Panera Bread Dining
17,773 visits/mo 0.4 miles
Starbucks Dining
17,026 visits/mo 0.3 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

Properties on Market for Restaurants in Cook County

Jan
Feb
Mar
Apr
May
Jun

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?
Restaurant - 22,668 SF restaurant on 4.28 acres, near Woodfield Mall.
Where is this restaurant located?
The property is located at 1301 American Lane Schaumburg, IL.
What are key features of this property?
This property features: Located only 1,500 feet from Woodfield Mall; Existing 22,668 SF restaurant; Sits on a 4.28 acre lot
More about this property
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