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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1393-1457 Schaumburg Rd Schaumburg, IL 60194

66,993 SF 5.06 ac lot
Property ID
Property summary
AI-generated overview

Schaumburg Plaza, located at 1393-1457 W Schaumburg Rd, Schaumburg, IL 60194, offers a unique medical office leasing opportunity within a vibrant retail center. This Cook County property boasts a total of 66,993 square feet, with 19,983 square feet currently vacant and divisible into spaces ranging from 760 to 30,000 contiguous square feet. The property sits on 5.06 acres of land and provides ample parking with 327 spaces. The B-2 zoning allows for a variety of medical uses. The center enjoys a strong location within the Schaumburg submarket, benefiting from exceptional demographics including an average household income exceeding $100,000, a median age of 39.7, and a population of 240,000 within a 5-mile radius. Current tenants include a diverse mix of businesses such as Prima Deli, Cardinal Liquors, Little Sicily Pizzeria, Schaumburg Music Academy, Art Fuzd, Mad Men Barbershop, Jawhra Salon, Manny's Burrito Express, Subway, State Farm Insurance, Sprinkles Ice Cream Shoppe, and Laundry World. New tenants, OutCold Burgers, BroasTea, The Secret Kitchen, and WellGroomed Bridal Boutique, are currently under construction, further enhancing the property's appeal and foot traffic. This is an exceptional opportunity to establish or expand your medical practice in a thriving and well-established retail center.

Property profile
Verified
Property type Retail properties & Spaces
Total area 66,993 SF
Lot 5.06 ac (220,414 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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