Development Ground Lease
1540 E Northwest Hwy Palatine, IL 60038
For Lease
Contact for pricing
Large development land parcel available for ground lease or build-to-suit construction near IL-53.
Lot Size0.69 Acres
Days on Market196
Property Features for 1540 E Northwest Hwy
General Information
Standard status
Active
Lot size
0.69 Acres
Property subtype
LAND
Spaces For Lease
at 1540 E Northwest Hwy Contact us
Listing Agency:
Baum Realty
(312) 275-3137
Listed By:
Doug Renner · License #475143580
Source:
Moodyscre
Added: Jan 15
Changed: Jul 28
Last Checked: Jul 29 at 3:57PM
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 Baum Realty
Investment Insights
Based on property information with market context.
A 130,207 SF development land site is available for ground lease or build-to-suit development. The property is offered as a flexible platform for a new project, with the potential to be delivered through tailored construction depending on the end-use.
The site is directly across the street from the proposed new home of the Chicago Bears and is close to IL-53. It is also across the street from the Arlington Park Metra station on the Union Pacific Northwest line.
The surrounding area includes established retail and entertainment tenants such as McDonald’s, Dunkin’, Orbit Skate Center, and Soccer City Palatine.
The site is directly across the street from the proposed new home of the Chicago Bears and is close to IL-53. It is also across the street from the Arlington Park Metra station on the Union Pacific Northwest line.
The surrounding area includes established retail and entertainment tenants such as McDonald’s, Dunkin’, Orbit Skate Center, and Soccer City Palatine.
Key Highlights
- 130,207 SF development land site available for ground lease or build‑to‑suit construction
- Directly across the street from the proposed new home of the Chicago Bears (326‑acre project)
- Close proximity to IL‑53
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Large development land parcel available for ground lease or build-to-suit construction near IL-53.
Where is this commercial land located?
The property is located at 1540 E Northwest Hwy Palatine, IL.
What are key features of this property?
This property features: 130,207 SF development land site available for ground lease or build‑to‑suit construction; Directly across the street from the proposed new home of the Chicago Bears (326‑acre project); Close proximity to IL‑53
