1297 Algonquin RdSchaumburg, IL 60196

For Sale
Call for price

Prime 2.5-acre commercial lot in Veridian.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 2.5-acre commercial land parcel, designated Lot 15, is situated within the master-planned Veridian community in Schaumburg, Illinois. Currently programmed for a roughly 180-unit active adult multifamily development, this improved pad site boasts readily available utilities. The location offers significant advantages, including proximity to highly-rated Schaumburg Township High School District 211 (ranked among Illinois' top 50 public high schools). High traffic counts are a key feature, with 11,950 vehicles daily on Meecham Road, 31,900 on Route 62, and 148,000 on I-90, ensuring excellent visibility and accessibility. The property's precise PIN numbers and tax information are currently being finalized. The asking price is subject to offer. This presents a unique opportunity for developers seeking a prime location with existing infrastructure and strong demographics within a thriving community. Further details are available upon request. The Veridian community website offers additional information.

Highlights

  • 2.5-acre commercial land parcel in Veridian, a master-planned community.
  • Zoned for a ±180-unit active adult multifamily development.
  • Improved pad site with utilities stubbed.
  • Located in Schaumburg, IL, within highly-rated Schaumburg Township High School District 211.
  • High traffic counts on nearby Meecham Rd, Rt 62, and I-90.
  • Price: Subject to offer.

Property Details for 1297 Algonquin Rd

Property type
Other land, Land
Lot Size (sq. ft)
108,900 SF

Location Insight

City
Schaumburg
County
Cook
State
Illinois
Latitude
42.0691813
Longitude
-88.0484961
1297 Algonquin Rd, Schaumburg, Illinois

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1297 Algonquin Rd
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