Property summary
This exceptional 2.5-acre commercial land parcel, designated Lot 15, is situated within the master-planned Veridian community in Schaumburg, Illinois. Currently programmed for a roughly 180-unit active adult multifamily development, this improved pad site boasts readily available utilities. The location offers significant advantages, including proximity to highly-rated Schaumburg Township High School District 211 (ranked among Illinois' top 50 public high schools). High traffic counts are a key feature, with 11,950 vehicles daily on Meecham Road, 31,900 on Route 62, and 148,000 on I-90, ensuring excellent visibility and accessibility. The property's precise PIN numbers and tax information are currently being finalized. The asking price is subject to offer. This presents a unique opportunity for developers seeking a prime location with existing infrastructure and strong demographics within a thriving community. Further details are available upon request. The Veridian community website offers additional information.
Property profile
VerifiedCap rate & NOI
Current use
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Corporate Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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