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1301 American Ln

4.28 Acres of Commercial Land Offered at $5,672,437 CAD in Schaumburg, IL 60173

Commercial Land Illinois Schaumburg 1301 American Ln, Schaumburg, IL 60173

Investment Highlights

  • Over 450 feet of frontage along American Lane
  • Directly west of Woodfield Mall, the largest shopping mall in the state of Illinois
  • Located within strong commercial and entertainment district
  • Traffic Counts: 24,100 VPD on Meecham Rd 26,700 VPD on Golf Rd 193,800 VPD on I-290

Executive Summary

+ Footprint / Land Size: ±4.28 Acres, Building SF: 22,668 SF
+ Current Property Use: Banquet Hall, Entertainment Facility
+ Parking: ±265 Surface Parking Stalls
+ Asking: $3,950,000

Attachments

1301 American_Schaumburg Brochure

Property Facts

Price $5,672,437 CAD Property Subtype Commercial
Sale Type Investment Proposed Use
Retail
  • Office
  • Hold For Development
No. Lots 1 Total Lot Size 4.28 AC
Property Type Land
Price $5,672,437 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Hold For Development
Total Lot Size 4.28 AC

1 Lot Available

Lot

Price $5,672,437 CAD Lot Size 4.28 AC
Price Per AC $1,325,336 CAD
Price $5,672,437 CAD
Price Per AC $1,325,336 CAD
Lot Size 4.28 AC

+ Zoned: B3 - Planned Office Business + Taxes: $196,180 + PIN: 07-13-101-014 + Potential Uses for the Site: Multifamily, Senior Housing, Medical Office, Retail/ Restaurants, Entertainment Venue

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Bike Score ®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
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of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
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zoning

Zoning Code B3 (Planned Office Business)
B3 (Planned Office Business)
(239) 249-4845

Contacts

  • Listing ID: 33613283

  • Date on Market: 2024-10-23

  • Last Updated:

  • Address: 1301 American Ln, Schaumburg, IL 60173

The Land Property at 1301 American Ln, Schaumburg, IL 60173 is currently available for sale. Contact CBRE for more information.

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1301 American Ln
(239) 249-4845 x

1301 American Ln

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Tom Svoboda

(239) 249-4845

(239) 249-4845

Brian Buckingham

(312) 953-7550

(312) 953-7550

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