Technical
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Distress signals
Property profile

880 Meacham Rd Schaumburg, IL 60173

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional 3,500 square foot retail space is ideally situated at 880 N Meacham Rd, Schaumburg, IL 60173, offering unparalleled visibility and accessibility. Located on Meacham Road, with convenient full access, this inline, small shop space benefits from a high volume of daily traffic – 32,000 vehicles per day pass directly by the property. The building boasts 121 parking spaces, ensuring ample convenience for customers. The space is fully built-out as a restaurant, complete with ventilation systems, making it an ideal turnkey opportunity for a food service establishment. This prime location offers significant advantages, including its proximity to the massive Woodfield Mall, attracting 25 million visitors annually, and its position within a thriving commercial area surrounded by over 8 million square feet of Class A and B office space. This presents a unique chance to establish a business in a high-traffic, well-established Schaumburg location, known for its vibrant restaurant scene. The property is easily accessible from Meacham Road and Woodfield Road, providing excellent visibility and convenient access for customers. This is a rare opportunity to secure a well-equipped retail space in a highly desirable location.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Take-out & Catering Catering Service

Location

880 Meacham Rd Schaumburg, IL 60173
Schaumburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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