Multi-Tenant Retail Shopping
For Sale
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1015-1127 Roselle Road, Schaumburg, IL 60193
For-sale multi-tenant retail shopping center at 1015–1127 Roselle Road in Schaumburg, IL.
Property Size53,782 SF
Price / SF$181.66
Days on Market146
Property Features for 1015-1127 Roselle Road
General Information
Standard status
Active
Size
53,782 SF
Total Parking Spaces
252
Property subtype
Retail
Occupancy
97%
Lease Type
NNN
Investment Type
Stabilized
Net Operating Income
$752,249
Building Details
Year Built
1980
Tenancy
Multi
Listing Agency:
Cooper Commercial Investment Group
Listed By:
Dan Cooper · License #OH 009003618
(216) 562-1981
Source:
Crexi
Added: Apr 21
Changed: Aug 14
Last Checked: Sep 13 at 4:21AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cooper Commercial Investment Group
Investment Insights
Based on property information with market context.
This multi-tenant retail shopping center is offered for sale at 1015–1127 Roselle Road in Schaumburg, Illinois. The property totals 53,782 square feet and is positioned to serve consistent day-to-day retail demand in a major Northwest Chicago suburb.
Schaumburg is approximately 30 miles northwest of Chicago and sits at the convergence of Interstate 90 (Jane Addams Memorial Tollway), Interstate 290, and Illinois Route 53, supporting convenient regional access. The area is also about 15 miles from O’Hare International Airport, enhancing both domestic and international connectivity.
The surrounding market is supported by a large employment base and broad consumer draw. Nearby and regional anchors and employers referenced include Woodfield Mall (less than 10 miles), which includes 300+ stores, and major corporate and healthcare organizations such as Zurich North America, Motorola Solutions, IBM, Paylocity, Northwestern Medicine, Advocate Health, and Ascension Illinois. That diversified mix of business and essential services helps underpin ongoing retail and services activity in the Schaumburg trade area.
Schaumburg is approximately 30 miles northwest of Chicago and sits at the convergence of Interstate 90 (Jane Addams Memorial Tollway), Interstate 290, and Illinois Route 53, supporting convenient regional access. The area is also about 15 miles from O’Hare International Airport, enhancing both domestic and international connectivity.
The surrounding market is supported by a large employment base and broad consumer draw. Nearby and regional anchors and employers referenced include Woodfield Mall (less than 10 miles), which includes 300+ stores, and major corporate and healthcare organizations such as Zurich North America, Motorola Solutions, IBM, Paylocity, Northwestern Medicine, Advocate Health, and Ascension Illinois. That diversified mix of business and essential services helps underpin ongoing retail and services activity in the Schaumburg trade area.
Key Highlights
- For‑sale multi‑tenant retail shopping center at 1015–1127 Roselle Road in Schaumburg, IL
- Year built: 1980
- Schaumburg location is about 30 miles northwest of Chicago
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$746,503
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,930,060
$14.9M
Cap Rate 7%
$10,664,329
$10.7M
Cap Rate 9%
$8,294,478
$8.3M
Market Conditions
NOI Build-Up for 53,782 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$1.16M $21.60/SF
− Vacancy
−$95.3K −$1.77/SF
EGI
$1.07M $19.83/SF
− OpEx
−$319.9K −$5.95/SF
NOI
$746.5K $13.88/SF
Area
Cook County, IL
Vacancy
8.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$14,930,060
Cap Rate 7%
$10,664,329
Cap Rate 9%
$8,294,478
Alternative Uses
Best Use
Retail
$10.66M
$9.33M – $12.44M
NOI $746,503 @ 7.0% cap · market cap 7.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$18.57M
$16.25M – $21.66M
NOI $1,299,793 @ 7.0% cap · market cap 13.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
677
Businesses Nearby
133k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 37%
Dining 36%
Shops & Services 21%
Apparel 3%
Jewel-Osco
Groceries
49,520 visits/mo
0.2 miles
Starbucks
Dining
15,767 visits/mo
0.1 miles
Chase Bank
Shops & Services
13,229 visits/mo
0.2 miles
Taco Bell
Dining
10,305 visits/mo
0.1 miles
Burger King
Dining
8,965 visits/mo
0.1 miles
Demographics for 60193, IL
40,805
Population
16,478
Households
2.5
Avg Household Size
42
Median Age
44%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
4,637
Density / Sq Mi
$92,284
Median Household Income
$57,707
Median Earnings
$1,699
Median Rent
$317,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - For-sale multi-tenant retail shopping center at 1015–1127 Roselle Road in Schaumburg, IL.
Where is this shopping center located?
The property is located at 1015-1127 Roselle Road Schaumburg, IL.
What is the asking price?
The asking price for this property is $9,770,000.
What are key features of this property?
This property features: For‑sale multi‑tenant retail shopping center at 1015–1127 Roselle Road in Schaumburg, IL; Year built: 1980; Schaumburg location is about 30 miles northwest of Chicago
