1996 Roselle Rd Schaumburg, IL 60195
This exceptional 1.41-acre commercial land parcel, located at 1996 N Roselle Rd in Schaumburg, IL (60195), presents a unique investment opportunity. Zoned B-3 within the Planned Office Business District, this property boasts unparalleled visibility and accessibility. Situated at the new four-way interchange of Roselle Road and I-90, within the prestigious Woodfield Business Center, it benefits from exceptional daily traffic counts: 40,600 vehicles on Roselle Road and 157,100 on I-90. The property's strategic location is further enhanced by the planned construction of a $56 million Lurie Children's Hospital outpatient facility directly adjacent to the site. This development promises significant future growth and increased property value. Potential uses for this versatile land include a bar and grill restaurant, medical building, or daycare center. The property's APN is 07-10-101-041, and annual property taxes are $44,704. The asking price is $750,000. This prime location is just 30 miles from Chicago and 11 miles west of O'Hare International Airport. Contact us today to learn more about this exceptional investment opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.