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    1140 Higgins Rd Schaumburg, IL 60173-4709
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    Property profile & analytics

    1140 Higgins Rd Schaumburg, IL 60173-4709


    • Retail space
    • 1.39 lot acres
    Off-Market
    Last Sale Jun 8, 2025
    $3,037,000
    Property ID
    US28-5764506
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,035,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Local Kitchen & Tap / Restaurant
    • adb / Warehouse & Storage

    Property Details for 1140 Higgins Rd

    Year built
    2003
    Lot size
    1.39 lot acres
    Property type
    Retail space
    APN
    07-14-401-015
    APU
    714401015

    Description

    This fully-built restaurant space presents a unique opportunity for food service businesses seeking a high-traffic location within the bustling Woodfield Mall trade area in Schaumburg, Illinois. Situated at 1140 E Higgins Rd, zip code 60173, Cook County, this retail property offers immediate occupancy for a restaurant operator. The property benefits from its proximity to established and successful restaurants such as Wildfire (Lettuce Entertain You) and Benihana, indicating a strong concentration of dining establishments and high consumer foot traffic. The address is conveniently located within the vibrant Woodfield Mall area, ensuring excellent visibility and accessibility for potential customers. This turnkey restaurant space eliminates the need for extensive build-out, allowing for a quicker start-up and reduced initial investment. The property is categorized as a retail space with a restaurant subtype, making it ideally suited for a variety of culinary concepts. The precise square footage and lease terms are available upon request. This prime location in Schaumburg, Illinois offers exceptional potential for a thriving restaurant business. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is located at 42.040419323699766 latitude and -88.05173857681753 longitude.


    Value Estimations

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    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0513
    Latitude
    42.0406
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $74,488
    $212,516
    $61,699
    $274,215
    -
    $850,064
    $246,796
    $1,096,860
    More about this property
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