US Bank - Hubbard Street Group - Schaumburg, Illinois — Sale in Schaumburg, IL
- Price: $4.5M
- Listing type: For sale
- Asset type: Retail Business
- Location: Schaumburg, IL 60173
- Size: 3,984 SF
- Year built: 2025
Photos
Investment Figures
- Cap rate
- 5.00%
- Price per square foot
- $1,130
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the new construction, single-tenant U.S. Bank at 1297 E. Higgins Road in Schaumburg, IL (“Property”, “Asset”, or “US Bank”). The Property is operating on an absolute NNN ground lease with ±9.3 years of primary lease term remaining, 7.5% rent escalations every five years,and three, five-year renewal options. U.S. Bank National Association (S&P A+; stable), the primary operating subsidiary of U.S. Bancorp (NYSE: USB, S&P A; stable), is ranked the 6th largest bank in the U.S by total assets (2025). In FY 2025, U.S. Bankcorp generated approximately $28.7 billion in annual revenue and closed the year at over $692 billion in total assets. The Bank currently maintains a market capitalization of $97.4 billion. This unique opportunity allows investors to acquire a newly constructed asset featuring long-term investment-grade tenancy and replaceable ground rent at an irreplaceable hard-corner intersection within the Woodfield Shopping District, one of the Midwest’s highest-performing retail corridors.
Market Context
This retail in Schaumburg, IL is listed for sale at $4,500,000 across 3,984 SF. It is offered at an approximate 5.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2025. Compare it against other retail listings for sale in Schaumburg, IL — view the full market.
As of Q4 2025, the Chicago retail market showed a 5.1% vacancy rate, average asking rents near $19.00/SF/yr, rents up 2.4% year over year, and cap rates around 7.9%. Source: multiple brokerage reports, Q4 2025.
Its 5.0% asking cap rate is below the Chicago retail market average of about 7.9%, reflecting premium pricing relative to comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.
Retail market FAQ
- What is the typical cap rate for retail in Chicago?
- About 7.9% as of Q4 2025, per multiple brokerage reports.
- Is the Chicago retail market tightening or softening?
- Vacancy is around 5.1%, with asking rents rising year over year (Q4 2025).
Estimated Price per SF
$56.15/SF – $408.36/SF
Mid: $170.15/SF
Estimated price for 3,984 SF: $677,878 (range $223,702 – $1,626,906)
About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.
Contact
- Alex Sharrin · 3059135545 · alex.sharrin@jll.com
- Mohsin Mirza · 3122282867 · mohsin.mirza@jll.com
Explore this market
Similar Retail Business for Sale in Schaumburg, IL
- Crossroads of Schaumburg — $2.3M · Schaumburg, IL
- Poplar Creek Plaza | CVS Anchored — Contact for price · Schaumburg, IL
- KinderCare Learning Center — Contact for price · Schaumburg, IL
- Prairie Towne Center — Contact for price · Schaumburg, IL