This is likely the last prime lot available for development in the Schaumburg area. Situated on approximately 2.2 acres at the corner of Woodfield Rd. and National Parkway, this property is currently zoned B3, offering limitless development opportunities. Located in the Woodfield Regional Center Zoning District, the Village of Schaumburg is highly supportive and eager to assist the future owner in transforming this land into a valuable investment. Businesses permitted at this location under the current zoning include hotels, restaurants, banquet facilities, drive-through establishments, pharmacies, automotive services, offices, medical offices/facilities, retail showrooms, and much more. Please contact the listing broker for more details.
Closed
$1,900,000
1250 E Woodfield Rd, Schaumburg, IL 60173
--beds
--baths
2.2Acres
Unimproved Land
Built in ----
2.2 Acres Lot
$-- Zestimate®
$--/sqft
$2,363 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,363/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: February 17, 2026 at 09:24am
Listing courtesy of:
Basel Tarabein, GRI 847-828-2243,
RE/MAX At Home
Bought with:
Basel Tarabein, GRI
RE/MAX At Home
Source: MRED as distributed by MLS GRID,MLS#: 12130467
Facts & features
Property
Features
- Frontage length: 428
Lot
- Size: 2.20 Acres
- Dimensions: 227 X 428
Details
- Parcel number: 07133000370000
- Zoning: COMMR
- Special conditions: None
Utilities & green energy
- Sewer: Storm Sewer
- Water: Municipal Water
- Utilities for property: Electricity Nearby, Natural Gas Nearby, Sewer Nearby
Community & neighborhood
Location
- Region: Schaumburg
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 2/17/2026 | Sold | $1,900,000-13.6% |
Source:  MRED as distributed by MLS GRID #12130467 Report a problem | ||
| 1/21/2026 | Contingent | $2,200,000 |
Source: MRED as distributed by MLS GRID #12130467 Report a problem | ||
| 8/25/2025 | Listed for sale | $2,200,000 |
Source: MRED as distributed by MLS GRID #12130467 Report a problem | ||
| 8/7/2025 | Listing removed | $2,200,000 |
Source: MRED as distributed by MLS GRID #12130467 Report a problem | ||
| 8/7/2024 | Listed for sale | $2,200,000 |
Source: MRED as distributed by MLS GRID #12130467 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2023 | $26,820 +3.1% | $95,745 |
| 2022 | $26,008 -33.6% | $95,745 -25.9% |
| 2021 | $39,176 +1.8% | $129,255 |
Find assessor info on the county website
Neighborhood: 60173
Nearby schools
GreatSchools rating
- 7/10Fairview Elementary SchoolGrades: K-6Distance: 1.2 mi
- 8/10Lincoln Prairie SchoolGrades: K-8Distance: 2.5 mi
- 10/10J B Conant High SchoolGrades: 9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Fairview Elementary School
- Middle: Lincoln Prairie
- High: J B Conant High School
- District: 54
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- Illinois
- Cook County
- Schaumburg
- 60173
- 1250 E Woodfield Rd