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33825963
33825962

201 Meacham Road, Schaumburg, IL 60193

AP
IL 475.190820
Greenstone Partners
AC
IL 475211778
Greenstone Partners
Listed by Greenstone Partners
$1,070,000
1 day on market
Updated 1 day ago

Lexington Place

Details
APN 07-24-303-016-0000
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 6,595
Units 7
Cap Rate 8.00%
NOI $85,584
Occupancy 86%
Tenancy Multi
Lease Type Net
Price per SqFt $162
Year Built 1989
Stories 1
Lot Size (SqFt) 37,671
Investment Type Value Add
Ground Lease No

Value-Add Neighborhood Retail Center

Marketing description

Download OM Here: Lexington Place - Schaumburg

Greenstone Partners, as the Exclusive Investment Advisors, is pleased to present the opportunity to acquire the 100% fee-simple interest in201-225 Meacham Rd (the “Property”), a bite-sized ±6,595 square foot multi-tenant retail opportunity located in the premier Schaumburg,Illinois, a northwest suburb of Chicago.

The ±6,595 square foot retail center is situated on ±0.88 acres of land and is 86% leased to a strong mix of diverse tenants across the service industry, perfectly fit for this type of neighborhood center.New ownership has the opportunity to add value by converting the gross lease tenant to a net lease structure.The Property benefits from its close proximity to the top-notch Woodfield Mall and the Streets of Woodfield, featuring retailers such as Target, Kohls, AMC, Legoland, DICK’S Sporting Goods, Nordstrom, Macy’s, SEPHORA. Bath & Body Works, Forever 21, H&M, ZARA,UNIQLO, Whole Foods, HomeGoods, PetSmart, The Container Store, and hundreds more.

The suburban submarket offers superior density and demographics with a 3-mile population of 86,307, an average household income of nearly $133,000, and a median home value of $336,000.

Investment highlights

  • STRONG CASHFLOW WITH MULTIPLE VALUE-ADD COMPONENTS
  • TREMENDOUSLY LOW VACANCY RETAIL CORRIDOR
  • E-COMMERCE RESISTANT + SERVICE ORIENTED TENANCY
  • DENSE RETAIL CORRIDOR
  • ATTRACTIVE DEMOGRAPHICS+ LOCATION

Listing Contacts

AP
IL 475.190820
Greenstone Partners
AC
IL 475211778
Greenstone Partners
Listed by Greenstone Partners

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$85,584.00
$7,132.00/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

Map

Zoning

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B-2 CommercialGeneral CommercialGeneral Business
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Last updated Jun 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
AJ Patel
License
475.190820
Brokerage Phone
8477396216
Name
Alex Cohen
License
475211778
Brokerage Phone
914-819-3848
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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