1101 Salem Dr Schaumburg, IL 60194
Salem Plaza, located at 1101 N Salem Dr, Schaumburg, IL 60194, offers exceptional retail space for lease. This established shopping center boasts a total of 72,326 square feet and is situated at the highly visible intersection of Golf Rd. and Salem Dr., within Cook County. The property is zoned B-2 General Business, providing flexibility for a variety of retail uses. Currently, three spaces are available, ranging from 1,400 to 1,900 square feet, ideal for businesses seeking a prominent location in a thriving community. Salem Plaza is well-maintained and offers ample customer parking, ensuring convenient access for shoppers. Its strategic location and high visibility contribute to a strong potential for attracting a substantial customer base. The property's APN numbers are 07-16-200-041-0000 and 07-16-200-059-0000. This is a fantastic opportunity for businesses seeking a well-established retail presence in the bustling Schaumburg market. The property's multiple tenancy structure provides a diverse and vibrant shopping environment, attracting a wide range of customers. The high-quality environment and convenient location make Salem Plaza an attractive option for businesses looking to establish or expand their operations. Don't miss this chance to secure your space in this successful retail center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.