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    Schaumburg Retail Center For Sale
    Updated: Sep 22, 2023
    Schaumburg Retail Center For Sale

    506-604 W Wise Rd, Schaumburg, IL

    Contact for pricing
    29,621 sqft 3.53 AC lot
    High Occupancy Rate: 93% current occupancy indicates strong tenant demand and immediate income potential.
    Sizeable Retail Center: 29,043 rentable square feet provides substantial space.
    Favorable Parking Ratio: 198 surface spaces (6.8 : 1,000 Sq. Ft.) offers ample parking for customers.
    Prime Location: Situated on 3.36 acres on Wise Road in Schaumburg, Illinois.
    High Traffic Count: 17,090 VPD (Wise Road & Spring Cove Drive) ensures excellent visibility and exposure.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Schaumburg, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Fully Occupied Retail Strip Mall
    Fully Occupied Retail Strip Mall

    1714-1730 East Roosevelt Road, Wheaton, IL 60187

    $1,750,000
    21,797 sqft

    5-unit strip mall is fully occupied and positioned for steady rental income.

    View details
    Retail Strip Mall with Ample Parking
    Retail Strip Mall with Ample Parking

    114-120 S. Northwest Hwy, Barrington, IL 60010

    Contact for pricing
    5,780 sqft

    Versatile retail storefront property with ample parking and easy access for customers in a mixed residential and commercial area.

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    Stoplight Corner Retail Strip Center
    Stoplight Corner Retail Strip Center

    1000-1010 W Geneva Rd, Wheaton, IL 60187

    Contact for pricing

    A like-new strip center with bank drive-thru access, multiple storefronts, and 75+ car parking.

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    Strip Center with Retail Tenants
    Strip Center with Retail Tenants

    600-660 S. Northwest Hwy, Barrington, IL 60010

    Contact for pricing

    For-sale strip center on S. Northwest Hwy with reported 20,700 vehicles per day traffic count.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Elgin Land Development Opportunity
    Elgin Land Development Opportunity

    40 Acres Randall Road, Elgin, IL 60123

    $10,000,000
    40.40 AC lot

    40.4 acres on Randall Road, ideal for mixed-use development.

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    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    8450 Willow Springs Road, Willow Springs, IL 60480

    $800,000
    1.90 AC lot

    Corner lot suitable for retail development, drive-thru, or subdivision.

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    Corner Lot Strip Mall Opportunity
    Corner Lot Strip Mall Opportunity

    237 W 79th Street, Chicago, IL 60620

    $130,000
    0.16 AC lot

    Ideal corner location for a small strip mall or franchise.

    View details
    Corner Commercial Land Parcel
    Corner Commercial Land Parcel

    12640 W WADSWORTH Road, Beach Park, IL 60087

    $750,000
    1.36 AC lot

    Fully developed corner parcel with utilities on site and recently improved intersection access in a commercial district.

    View details

    Schaumburg, IL Strip Malls Market Trends and Statistics

    Explore 1 strip malls for sale in Schaumburg, IL on our real estate platform. These investment opportunities span a total of 29,621 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 31
    Automotive properties 5
    Storefront properties 5
    Auto shops 4
    Banks 2

    Demographics Overview

    Population 78K
    Population Growth (5Y) +0.5%
    Median Household Income $94,892
    College Educated 38.5%

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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