1020 N Meacham — Sale in Schaumburg, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Schaumburg, IL 60173

Description

1,651 SF Fully Built Out Restaurant Highly Accessible with Easy Access + Direct Frontage on Meacham - 24,100 VPD + Full Signage Access Directly Across from Woodfield Mall + Shared traffic light with Woodfield Mall - #1 Shopping Destination in Illinois Top Suburban Location + 30 Million SF of office, retail, and industrial space + 200+ Restaurants

Market Context

This retail in Schaumburg, IL is listed for sale. It has been on the market for 196 days. Compare it against other retail listings for sale in Schaumburg, IL — view the full market.

As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: multiple brokerage reports, Q1 2026.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 8.2% as of Q1 2026, per multiple brokerage reports.

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