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Ground Lease Retail Outparcels

1977 Cherry Ln Northbrook, IL 60062

1977 Cherry Ln, Northbrook, IL, 60062
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For Lease
Contact for pricing

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
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.

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

Suggested Use

Restaurant Hair Salon Law Firm Spa & Massage Center Nail Salon Food Market Parking Lot & Garage Pharmacy Daycare Center Cafe & Coffee Shop

Zoning and permitted uses should be independently verified with local authorities.

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
Contact an agent
(630) 590-5910 Call to check price and availability
More about this property
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