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Listed by Yasar Senlikof Rose Realty LLC
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Est. payment /mo
20,620 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 20,620 sqft
MLS Listing ID 12785137
Year Built 1988
Annual Tax Amount $99,761
Tax Year 2025
Lot Size 1.080 Acres
Lot Dimensions 1.06
Property Sub-Type Industrial
Property Description
The subject property is a two-tenant, 20,620 square foot industrial property, located in Spectrum Industrial Park on the south side of Schaumburg, along the Elgin O'Hare Expressway (IL-390). The building has a total of three drive-in doors and two interior loading docks and has the ability to be subdivided into three separate units. The ceiling height is 14' clear and it is1.08 acres with the parking lot in the back of the building, and overall the property is in good condition. Roof is completely redone in 2024. The building is located in the County of Cook, with relatively low real estate taxes for the area.Currently, the building has one 10,000 square foot which used by the owner and and one is leased 10,620 SF space until April 2027. The short term lease allows a new owner to either expand into the occupied unit, or increase the rent at the next renewal. The property offers an ideal opportunity for an owner/user investor to utilize the income while occupying half of the building, or allows an investor to increase value by leasing to a new tenant.
Location
State IL
County Cook
Zoning INDUS
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Joanna Lewkowicz
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+1(708) 963-0011 | joanna@boutiquehomerealty.com