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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1101 Salem Dr Schaumburg, IL 60194

72,326 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 72,326 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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