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Property profile

901 Perimeter Dr Schaumburg, IL 60173

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This exceptional retail opportunity is located at the Sears Woodfield property in Cook County, situated at the intersection of Woodfield Rd & N Meacham Rd. The property boasts a significant 31-acre site and offers two available spaces ranging from 3,000 to 163,000 square feet, perfect for a variety of retail uses. This is a generational opportunity to establish a presence in one of Illinois' top shopping destinations, attracting 17 million annual visitors. The property benefits from an affluent demographic, with a 1.4 million-person trade area population and an average household income of $110,000. The surrounding area is a thriving hub of commerce, featuring over 30 hotels, 30 million square feet of office, industrial, and retail space, and over 200 restaurants, generating $2.9 billion in annual retail sales. This location offers unparalleled accessibility, with easy access to I-90, I-290, and IL-53, and multiple traffic light entrances. The property also benefits from strong co-tenancy with over 280 brands, including top retailers such as Nordstrom, Apple, Sephora, Morphe, Michael Kors, Coach, and Superdry. This is a truly unique opportunity to capitalize on a high-traffic, affluent market in a premier suburban location. The property is a multi-tenant shopping center offering a variety of space options to suit diverse business needs.

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
  • Clothing & Fashion Store (Bike/Boat/Book/etc) Store

Location

901 Perimeter Dr 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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