Restaurant & Banquet
For Lease
Contact for pricing
1301 American Ln, Schaumburg, IL 60173
B-3 zoned restaurant and banquet facility with surface parking and frontage along American Lane.
Property Size22,668 SF
Lot Size4.28 Acres
Days on Market632
Property Features for 1301 American Ln
General Information
Standard status
Active
Size
22,668 SF
Net Rentable
22,668 SF
Total Parking Spaces
265
Lot size
4.28 Acres
Property subtype
RETAIL
Zoning
B-3
Space & Availability
Available Space
22,668 SF
Contiguous Space
22,668 SF
Space Use
Restaurant
Building Details
Building Size
22,668 SF
Listing Agency:
Mid-America Real Estate Group | Chicago
(630) 954-7390
Listed By:
Brendan Reedy
Source:
Moodyscre
Added: Nov 5, 2024
Changed: Jul 29
Last Checked: Jul 29 at 8:45PM
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 Mid-America Real Estate Group | Chicago
Investment Insights
Based on property information with market context.
This existing 22,668 SF restaurant and banquet facility offers indoor space suited for dining and events, supported by 4.28 acres of land. The property is zoned B-3 and includes 265 surface parking spaces.
The site benefits from over 400’ of frontage along American Lane, supporting convenient visibility and customer access. The property is positioned in the heart of a super regional trade area, described as steps away from one of Chicago’s best malls.
Potential uses listed for the site include entertainment, medical office, hotel, veterinary, school, preschool, banquet, and restaurant.
The site benefits from over 400’ of frontage along American Lane, supporting convenient visibility and customer access. The property is positioned in the heart of a super regional trade area, described as steps away from one of Chicago’s best malls.
Potential uses listed for the site include entertainment, medical office, hotel, veterinary, school, preschool, banquet, and restaurant.
Key Highlights
- Existing 22,668 SF restaurant and banquet facility
- 4.28 acres of land
- B‑3 zoning
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,646
Businesses Nearby
229k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Shabu-You Japanese Buffet — 1180 Plaza Dr, Schaumburg, IL 60173
Frequently Asked Questions
What type of property is this?
Conventional restaurant - B-3 zoned restaurant and banquet facility with surface parking and frontage along American Lane.
Where is this conventional restaurant located?
The property is located at 1301 American Ln Schaumburg, IL.
What are key features of this property?
This property features: Existing 22,668 SF restaurant and banquet facility; 4.28 acres of land; B‑3 zoning
