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1 Heritage Ln
Streamwood, IL 60107
NWQ of Irving Park & Bartlett Roads · Land For Sale · 1.33 AC

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INVESTMENT HIGHLIGHTS

  • Excellent frontage on Irving Park Rd. (IL-19)
  • Versatil lot size
  • Strong local demographics

EXECUTIVE SUMMARY

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.

PROPERTY FACTS

Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Auto Dealership
  • Auto Repair
  • Bank
  • Bar
  • Carwash
  • Community Center
  • Convenience Store
  • Daycare Center
  • Drugstore
  • Fast Food
  • Funeral Home
  • Garden Center
  • Lodge or Meeting Hall
  • Neighborhood Center
  • Police or Fire Station
  • Religious Facility
  • Restaurant
  • Service Station
  • Veterinarian or Kennel
Total Lot Size 1.33 AC
Zoning Commercial - C1 PUD and per Village C2 should be acceptable.

1 LOT AVAILABLE

Lot

Price $900,000
Price Per AC $676,691.73
Lot Size 1.33 AC

This ±1.33 acre parcel is clear of structures, has no improvements, and is ready for engineering and site planning. The sites level topography minimizes development costs and shortens engineering timelines. Versatile pad size fits a variety of uses.

DESCRIPTION

With 335 feet of Irving Park Rd frontage, the site offers a rare, oversized window for signage and customer visibility. Versatile Pad Size ±1.33 acres fits: Drive-thru QSR Standalone retail Automotive service Medical or dental building 6,000–10,000 SF single-tenant building Multi-tenant strip (depending on parking layout)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-27-218-004-0000
Land Assessment
$37,875
Improvements Assessment
$0
Total Assessment
$37,875
  • Listing ID: 39019451

  • Date on Market: 1/8/2026

  • Last Updated:

  • Address: 1 Heritage Ln, Streamwood, IL 60107

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