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Shovel-Ready Land Site Near Hospitals
For Sale
$350,000

1301A N Plum Grove Road, Schaumburg, IL 60173

33,841 SF shovel-ready land site near Horizon Medical Center.

Property Size33,841 SF
Price / SF$10.34
Days on Market251

Property Features for 1301A N Plum Grove Road

General Information

Standard status Active
Size 33,841 SF
Property subtype Land
Listing Agency: SVN | Chicago - Corporate
Listed By: Albert M. Lindeman · License ##IA100086731
Source: Svn
Added: Jan 27 Changed: Sep 26 Last Checked: Oct 4 at 7:08AM

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 SVN | Chicago - Corporate

Investment Insights

Based on property information with market context.

This approximately 33,841 square foot shovel-ready land site is zoned M-1 and located in the Northwest Suburban area. The property has high visibility, situated 0.2 miles from Golf Road, with a traffic count of 28,000 vehicles per day. It is located next to Horizon Medical Center and near four major hospitals. Strong Northwest Suburban demographics make it an attractive prospect for land users and developers. The Northwest Suburban area is a thriving market for office and medical investments. The location is near Alexian Brothers Medical Center and St. Alexius Medical Center, Woodfield Mall, and a range of dining options. This property is an ideal location for a medical practice.

Key Highlights

  • Shovel‑ready ±33,841 sq ft land site zoned M‑1.
  • High visibility location just 0.2 miles from Golf Road with 28,000 VPD.
  • Located in the strong Northwest Suburban demographics area.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Garden Center Barber Shop

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

1,283
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - 33,841 SF shovel-ready land site near Horizon Medical Center.
Where is this commercial land located?
The property is located at 1301A N Plum Grove Road Schaumburg, IL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Shovel‑ready ±33,841 sq ft land site zoned M‑1.; High visibility location just 0.2 miles from Golf Road with 28,000 VPD.; Located in the strong Northwest Suburban demographics area.
More about this property
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