Meadow Square
In November of 2011, CSRE purchased the first mortgage on the former Dominick’s-anchored Rolling Meadows Plaza located at the SEC of Kirchoff Road and Meadow Road in Rolling Meadows, Illinois from Berkadia Commercial Mortgage. CSRE filed for foreclosure and subsequently received the Sheriff’s Deed in August of 2012. The improvements were demolished in 2016 and the land is under redevelopment for a future 116 townhome community with two outlots available with construction to commence Spring 2018.
Highlights
- Ideally situated at the heart of the “Downtown District” of Rolling Meadows and located less than ½ mile east of Interstate 290/State Route 53 (161,000 VPD).
- Located caddy-corner to a newly renovated, strong performing, Jewel-Osco anchored shopping center. Proximate to municipal facilities such as the state-of-the-art public library, City Hall, Station 15 of the Rolling Meadows Fire Department and Northwest Community Hospital along Kirchoff Road.
- Complemented by Rolling Meadows’ recently renovated downtown including amenities such as brick-lined sidewalks, beautiful shade trees, the landmark Carillon Bell Tower and the Vietnam Memorial.
- Neaby schools include Westgate Elementary, Carl Sandburg Junior High & St. Colette Catholic School.
- Zoning: C-2 Commercial