1 Heritage Ln - NWQ of Irving Park & Bartlett Roads 1.33 Acres of Commercial Land Offered at $1,231,911 CAD in Streamwood, IL 60107

1 Heritage Lane offers an exceptionally flexible commercial development opportunity in one of Streamwood’s most established retail corridors. Positioned directly on Irving Park Road (IL-19) with 335 feet of frontage, the property sits in the heart of a dense suburban trade area with strong incomes, stable demographics, and a well-developed commercial base.
Unlike typical raw land offerings, this site is being introduced with multiple pathways to occupancy:
• Sale - Ideal for developers, investors, or end-users seeking long-term control and value creation.
• Ground lease - A strong option for national credit tenants, banks, medical providers, QSR brands, or auto users who prefer a long-term leasehold.
• Build-to-suit delivery - Ownership can deliver a turnkey building built to spec for the right tenant. This flexibility opens the door to a wide range of commercial users who require a custom footprint, predictable project timeline, or capital-efficient entry.
The property’s size, exposure, and zoning make it an immediately viable candidate for QSR, auto services, medical, banking, neighborhood retail, or other commercial uses that rely on high-visibility commuter traffic.
This is one of Streamwood’s few remaining commercially zoned parcels along a major arterial road — a rare chance for developers or operators to secure a strategically located site before remaining inventory is absorbed.
MARKET ADVANTAGES:
1. Established trade area with strong consumer affluence. 1-mile and 3-mile median household incomes hold steady near $88,000, supporting retail and service categories.
2. Dense Residential Base - Over 93,000 residents within 3 miles create consistent daily demand.
3. Strong Daytime Employment - More than 21,000 daytime employees in the 3-mile radius drive lunch, convenience, and service-based revenue.
4. Major East–West Commuter Route - Irving Park Road (IL-19) functions as a regional artery feeding Schaumburg, Bartlett, and Hanover Park — increasing visibility and traffic.
5. Limited Remaining Commercial Land - This is one of the last undeveloped commercially zoned parcels along this stretch of IL-19.
This is a plug-and-play opportunity for developers and operators looking to secure a prime location along one of the Northwest Suburbs’ most established commercial corridors.
Whether you want to buy, lease, or execute a custom build-to-suit, 1 Heritage Lane provides the footprint, visibility, traffic, and zoning flexibility that modern operators require.
Bring your concept. We can deliver the site.