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Development Land Site For Lease
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1540 E Northwest Hwy, Palatine, IL 60038

Development land site available for ground lease or build-to-suit.

Space SizeContact for details
Lot Size0.69 Acres
Days on Market235

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

1540 E Northwest Hwy

Type
LAND
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- ±30,207 SF development land site available for ground lease or build to suit. -...
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Listing Agency: Baum Realty
Listed By: Doug Renner · License #475151752
Source: Moodyscre
Added: Jan 15 Changed: Sep 6 Last Checked: Sep 6 at 5:21PM

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.

This development land site offers approximately 30,207 square feet and is available for ground lease or build-to-suit. The property is located directly across the street from the proposed new 326-acre home of the Chicago Bears and in close proximity to IL-53. The site is also located across the street from the Arlington Park Metra station on the Union Pacific Northwest line. Area tenants include McDonald’s, Dunkin’, Orbit Skate Center, and Soccer City Palatine.

Key Highlights

  • Directly across the street from the proposed new Chicago Bears stadium (326 acres).
  • ±30,207 SF development land site available.
  • Ground lease or build‑to‑suit options available.

Property Analytics

Current Use

Butler Corp Hardware & Home Improvement Easy Move Company Big Box & Wholesale Store

Suggested Use

Top Pick Hair Salon Restaurant Big Box & Wholesale Store Spa & Massage Center Nail Salon Parking Lot & Garage

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

254
Businesses Nearby
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Development land site available for ground lease or build-to-suit.
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: Directly across the street from the proposed new Chicago Bears stadium (326 acres).; ±30,207 SF development land site available.; Ground lease or build‑to‑suit options available.
(312) 275-3137 Call to check price and availability
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