Welcome to The Schaumburg Real Estate Roundup, a quarterly e-newsletter provided by the Village of Schaumburg Economic Development Department to keep you informed of the latest economic development initiatives and industry activities in the community. We look forward to sharing information and receiving your feedback.
Redevelopment Opportunities
1200 N. Meacham Road
CBRE and Colliers is currently marketing a 7.5 acre redevelopment site at thenorthwest corner of Meacham and Golf Roads. The existing site features a single two story building which houses Macy's Furniture. CBRE and Colliers is marketing the property for either re-use or complete redevelopment. If interested in this site, contactBrendan Reedy or Luke Molloy for retail inquiries at (312) 297-7614, or Jason Simon for office inquiries at (847) 698-8531. You can also visit the property listing website.
840-860 E. Algonquin Road
Millennium Properties R/E is currently marketing a 12.6 acre redevelopment site for sale just northwest of the former Motorola property. The existing site features four single story office buildings but Millennium Properties is also marketing the property for other commercial and residential uses. If interested in this site, contact
Daniel Hyman at (312) 338-3003, or visit the
property listing website.
Property Showcase
1111 E. Golf Road
IRC is currently marketing a 47,000 square foot retail space along Golf Road, less than a mile away from Woodfield Mall. The site was the former home of Toys R Us but is now a prime retail opportunity in the Woodfield Regional Center. If interested in this site, contact
Danielle Daidone at (630) 451-8564, or visit the
property listing website.
90 North District Website
The 90 North District is located in the north part of Schaumburg and bounded by I-90, Roselle Road, Algonquin Road, and Arbor Drive. Regional and global anchors have already created a strong economic core at I-90 and Meacham Road at the heart of the 90 North District. Major anchors currently include the Zurich North America Headquarters, the Renaissance Schaumburg Hotel & Convention Center, and Motorola Solutions. Together, these anchors host 5,000 employees in the area every day as well as over 250,000 visitors annually just at the Convention Center.
The Village is in the process of launching a brand new website dedicated to showcasing all the opportunities available at 90 North. In the meantime, Economic Development Department staff has created the following webpage to provide you with an inside look at current plans and active projects in the district:
Congratulations to Nicole Dautovic at SITE Centers and Margaret Graham and Sarah Norlander at Mid-America on their recent lease signing of Sierra Trading Post to backfill 20,000 SF of vacant space at the Woodfield Village Green shopping center!
Call for Real Estate Listings
The Economic Development Department is here to serve as a resource to you and
your clients by assisting in back filling existing vacant spaces and attracting new investment to the community. Staff manages an inventory of available sites on the village's website as well as actively promotes the inventory to new businesses looking to locate in Schaumburg.
If you would like your listing featured in our inventory, please send a property brochure and/or property specifications to [email protected]. To view the current list of available lots and buildings, please visit the village's Available Sites portal below.
The Village of Schaumburg embraces small businesses and their impact on the community's growth, vitality and diversity. We are excited to introduce our new informative webpage containing resources related to small business planning and successes within the village. Please share our resources and help us cultivate and preserve Schaumburg as premier destination in the suburbs. The webpage can be found here:
If you are interested in meeting the Economic Development Department staff members, or wish to discuss particular issues or problem areas facing the clients you represent, please reach out to one the team members below.
The Schaumburg Real Estate Roundup is an e-newsletter distributed to real estate and business professionals and to keep them informed of the latest activities and developments in the area. If you have any questions or comments about the information provided in this e-newsletter, please contact the Economic Development Department at (847) 923-3871 or
[email protected].
