Located just 30 miles outside Chicago, Schaumburg is the premier suburban business destination in Illinois. In the past 50 years with vision and thoughtful planning, Schaumburg has transformed from a small farming community into a thriving economic center that is home to more business in Illinois than any other community outside of Chicago. The village's businesses provides support to the community’s 75,000 residents, and creates 80,000 jobs in the northwest suburbs by offering professional and high-quality services and goods.
The 2018 Economic Development Brochure provides an overview for information on new and existing businesses, economic development, awards, and future development opportunities.
Economic Development Week (5/6-5/10)
In honor of National Economic Development Week and the Economic Development Department’s one year anniversary, the Village of Schaumburg recognized the contributions that economic development has on the Schaumburg community. As part of the celebration, the village solicited photos from the public to find out what Schaumburg businesses or developments was their favorite. Below are the winning photos that were chosen:
|"Chicago Prime Steakhouse"|
Photo credit: Joshua Olson
| "Napoli Per Tutti"
Photo credit: Linda Connor
New and Incoming Businesses
Schaumburg is noted for being the 2nd largest economic development center in Illinois and is fortunate to attract many new businesses. See our list of new or incoming businesses in Schaumburg.
Businesses located in Schaumburg must have a Schaumburg Business License. Licenses may be purchased for your business establishments and vending machines at the Village Hall during business hours or can be purchased online through the WebPay Self Service portal.
The village collects and administers a variety of locally imposed taxes to fund services provided. The village collects a tax on amusements, automobile leasing, prepared food and beverages, real estate transfers and telecommunications. The village also collects a 1 percent home rule sales tax on the purchase of general merchandise, excluding groceries and licensed vehicles. The home rule sales tax is collected by the Illinois Department of Revenue and remitted to the village. Read more about Taxes and Fees
These philanthropic/community service organizations serve Schaumburg:
Schaumburg is located just under 30 miles (48 km) northwest of downtown Chicago and approximately 8 miles (13 km) northwest of O'Hare International Airport.