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Walgreens-Anchored Shopping Center

1461-1521 W Schaumburg Rd, Schaumburg, IL 60194

For Lease
New
Contact for pricing

Retail suites in varied sizes are supported by substantial on-site parking and direct connections to neighboring properties.

Space Size1,400 SF
Days on Market5

Property Features for 1461-1521 W Schaumburg Rd

General Information

Standard status Active
Size 1,400 SF
Net Rentable 565 SF
Total Parking Spaces 400
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 565-31,000 SF
Contiguous Space 31,000 SF

Additional Details

Anchor Co-Tenants Walgreen's

Amenities

Monument Signage Along Schaumburg Road
Direct access to neighboring properties

Building Details

Tenancy Multi
Parking Ratio 4.38 per 1,000 SF

Spaces For Lease

at 1461-1521 W Schaumburg Rd
1509 W Schaumburg Rd $18/SF/Yr
Floor 1
Size 1,400 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Spaces ranging from 565 sq.ft. to 31K sq.ft., including a 14K sq.ft. area with 12'+ ceilings. The property boasts ample parking with 400 spaces and a parking ratio of 4.38 spaces per 1,000 sq.ft. Benefit from high traffic counts exceeding 35K vehicles daily, coupled with a substantial frontage of 779 feet. - Walgreen's Anchored Center - Monument Signage Along Schaumburg Road - Space available from 565 sq.ft. to 31,000 sq.ft. - 14,000 sq.ft. space with 12' ceilings - 31K Former Banquet Hall Space- 16' Ceilings - 400 parking spaces - 4.38 parking spaces per 1,000 square feet - Traffic counts over 35,000 along Schaumburg - Significant Schaumburg Rd. frontage of 779 feet - Average Household Income over $100,000 - Direct access to neighboring properties
Contact us
Listing Agency: Colliers | Chicago Rosemont
Listed By: Brad Belden · License IL #471018723
Source: Moodyscre
Added: Nov 6 Changed: Nov 9 Last Checked: Nov 10 at 8:14AM

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 Colliers | Chicago Rosemont

Rey
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Investment Insights

Based on property information with market context.

This shopping center offers retail suites from 565 to 31,000 square feet. A 14,000-square-foot space has ceilings exceeding 12 feet, while a separate 31,000-square-foot former banquet hall space features 16-foot ceilings. The center is anchored by Walgreens and provides 400 parking spaces, equal to 4.38 spaces per 1,000 square feet.

Along Schaumburg Road, the property has 779 feet of frontage, monument signage, and reported traffic counts above 35,000 vehicles per day. Direct access connects the center with neighboring properties.

Key Highlights

  • Walgreens‑anchored shopping center
  • Available suites range from 565 to 31,000 square feet
  • 14,000‑square‑foot space with ceilings over 12 feet

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Dental Office Spa & Massage Center Hair Salon

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 93% Dining 7%
Mobil Shops & Services
15,105 visits/mo 0.1 miles
SUBWAY Dining
1,164 visits/mo 0.1 miles

Demographics for 60194, IL

20,622
Population
8,325
Households
2.5
Avg Household Size
41
Median Age
50%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
5,574
Density / Sq Mi
$97,876
Median Household Income
$60,835
Median Earnings
$1,897
Median Rent
$310,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Shopping centers in Schaumburg

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Midwest region

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

Similar Off Market Nearby

  • Weathersfield Commons Plazza — Schaumburg Rd, Schaumburg, IL 60193

Frequently Asked Questions

What type of property is this?
Shopping center - Retail suites in varied sizes are supported by substantial on-site parking and direct connections to neighboring properties.
Where is this shopping center located?
The property is located at 1461-1521 W Schaumburg Rd Schaumburg, IL.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Walgreens‑anchored shopping center; Available suites range from 565 to 31,000 square feet; 14,000‑square‑foot space with ceilings over 12 feet
(773) 531-6886 Call to check price and availability
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