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Property profile & analytics
OFF-MARKET
Land

1996 Roselle Rd Schaumburg, IL 60195

1.41 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 1.41 ac (61,420 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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