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Retail Space in Salem Plaza
For Lease
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1101 N Salem Dr, Schaumburg, IL 60194

Established shopping center with retail spaces for lease.

Space Size1,400 SF - 2,100 SF
Property Size72,326 SF
Days on Market1594

Property Features for 1101 N Salem Dr

General Information

Standard status Active
Size 1,400 SF - 2,100 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 72,326 SF
Tenancy Multiple

Spaces For Lease

at 1101 N Salem Dr Contact us

1101

Size
2,100 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1103

Size
1,400 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1105

Size
1,400 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1107

Size
1,400 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Brian Properties, Inc.
Listed By: Mark Meskauskas · License #IL 475.137201
Source: Crexi
Added: Apr 13, 2022 Changed: Aug 12 Last Checked: Aug 21 at 5:56PM

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 Brian Properties, Inc.

Investment Insights

Based on property information with market context.

The Salem Plaza shopping center is an established retail destination located in Schaumburg, IL. Retail spaces are available for lease and are suitable for a variety of businesses. The shopping center provides tenants with a high-quality environment. It is well-maintained and offers ample parking for customers. The location is highly visible and easily accessible, making it ideal for businesses looking to attract new customers.

Key Highlights

  • Highly visible and easily accessible location
  • Ample parking for customers
  • Well‑maintained shopping center

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Big Box & Wholesale Store Cosmetic Store Home Appliance Store

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
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

697
Businesses Nearby
124k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 41% Dining 30% Groceries 24% Home Improvements & Furnishings 5%
Patel Brothers Groceries
29,930 visits/mo 0.2 miles
Dunkin' Donuts Dining
18,803 visits/mo 0.3 miles
White Castle Dining
14,126 visits/mo 0.5 miles
Mobil Shops & Services
11,829 visits/mo 0.1 miles
7-Eleven Shops & Services
10,420 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • The Annex of Schaumburg Shopping Center Schaumburg, IL 60195
  • Schaumburg Marketplace 155-255 W Golf Rd, Schaumburg, IL 60195
  • Phenix Hair Salon W Golf Rd, Schaumburg, IL 60194
  • Salem Plaza 1049-1143 N Salem Dr, Schaumburg, IL 60194
  • Travel Shopping Center Inc 1059 N Salem Dr, Schaumburg, IL 60194

Frequently Asked Questions

What type of property is this?
Shopping center - Established shopping center with retail spaces for lease.
Where is this shopping center located?
The property is located at 1101 N Salem Dr Schaumburg, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Highly visible and easily accessible location; Ample parking for customers; Well‑maintained shopping center
More about this property
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