1000 Plaza DrSchaumburg, IL 60173

For Sale
Call for price

Prime Schaumburg location, divisible land for ground lease.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 7-acre commercial land parcel presents a unique redevelopment opportunity in the highly desirable Schaumburg, Illinois market. Located at 1000 Plaza Dr, Schaumburg, IL 60173, this property offers 5.95 acres available for ground lease and is conveniently situated just off the southeast corner of Meacham and Golf Roads. Boasting a prime location in a strong retail corridor and entertainment district, the site benefits from exceptional visibility and accessibility, with approximately 75,000 vehicles passing daily. Its proximity to Woodfield Mall further enhances its desirability. The property features 585 feet of frontage on Meacham Road and is zoned B-3, making it ideal for a variety of uses, including retail establishments, restaurants, and quick-service restaurants with drive-thru capabilities. The site's size and location make it suitable for multiple free-standing buildings, catering to national and regional tenants seeking a high-traffic, high-visibility location. This is a rare opportunity to acquire a significant land parcel in a thriving commercial area with excellent potential for substantial returns. The property is divisible, offering flexibility for various development plans.

Highlights

  • 5.95-acre redevelopment site ideal for commercial development.
  • Prime location at the hard corner of Meacham and Golf Roads, a high-traffic retail corridor.
  • High visibility with 75,000 vehicles per day.
  • Suitable for retail, restaurants, and quick-service restaurants with drive-thrus.
  • Adjacent to Woodfield Mall.
  • 585 feet of frontage on Meacham Road.

Location Insight

City
Schaumburg
County
Cook
State
Illinois
Latitude
42.048503620286
Longitude
-88.044168571438
1000 Plaza Dr, Schaumburg, Illinois

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1000 Plaza Dr
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