Ground Lease Retail
1977 Cherry Ln Northbrook, IL 60062
1977 Cherry Ln, Northbrook, IL, 60062
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For Lease
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Meadow Shopping Plaza redevelopment offers two outparcels for ground lease or build-to-suit in downtown Northbrook.
Days on Market125
Property Features for 1977 Cherry Ln
General Information
- Standard status
- Active
- Property subtype
- Land
Listing agency
Brookline Real Estate
(630) 590-5910
Listed by
Dominick Cannata · License #IL 00000
Source
Crexi
Added: Mar 19 Updated: Jul 20 at 5:38PM Checked: Jul 20 at 5:38PM
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 Brookline Real Estate
Investment Insights
Based on property information with market context.
This offering includes a complete redevelopment of Meadow Shopping Plaza in downtown Northbrook, part of a larger development that also includes three luxury residential buildings with 50 units each. As part of the project, two approximately one-acre outparcels are available for either ground lease or build-to-suit.
The site is two blocks from the Northbrook Metra train stop and about one mile from I-94. The redevelopment location is adjacent to Sunset Foods, which reportedly draws 495,000 annual shoppers (placer.ai).
For tenants or developers looking for new construction flexibility, the availability of two outparcels within a fully redeveloped retail setting supports a range of build-to-suit and ground lease configurations.
The site is two blocks from the Northbrook Metra train stop and about one mile from I-94. The redevelopment location is adjacent to Sunset Foods, which reportedly draws 495,000 annual shoppers (placer.ai).
For tenants or developers looking for new construction flexibility, the availability of two outparcels within a fully redeveloped retail setting supports a range of build-to-suit and ground lease configurations.
Key Highlights
- Meadow Shopping Plaza redevelopment in downtown Northbrook
- Two ~1‑acre outparcels available for ground lease or build‑to‑suit
- Part of a larger development including 3 luxury residential buildings with 50 units each
Property Analytics
Location Intelligence
Current Use by Public Records
Shopping centers
Similar For Rent Nearby
Similar Off Market Nearby
- Meadow Shopping Plaza Shopping Center — Cherry Ln, Northbrook, IL 60062
FAQs
What type of property is this?
Shopping center - Meadow Shopping Plaza redevelopment offers two outparcels for ground lease or build-to-suit in downtown Northbrook.
Where is this shopping center located?
The property is located at 1977 Cherry Ln Northbrook, IL.
What are key features of this property?
This property features: Meadow Shopping Plaza redevelopment in downtown Northbrook; Two ~1‑acre outparcels available for ground lease or build‑to‑suit; Part of a larger development including 3 luxury residential buildings with 50 units each