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Updated Flex Office Space
For Lease
$4,500/Mo per office

1016 Lunt Avenue, Schaumburg, IL 60193

Shared flex workspace includes updated common areas and key fob entry.

Space Size2,200 SF
Days on Market30

Property Features for 1016 Lunt Avenue

General Information

Standard status Active
Size 2,200 SF
Net Rentable 2,200 SF
Total Parking Spaces 13
Zoning OFFIC
Lease Type NNN

Space & Availability

Available Space 2,200 SF
Contiguous Space 2,200 SF
Space Use Flex
Condition Move-in Ready
Sublease No
Furnished Yes

Lease Terms

Total Rate $4,500
Lease Term 12 months
Flexible Term No

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Additional Details

Office Build-Out 2,200 SF

Amenities

employee kitchen
key fob access
coded entry
wifi
phone systems
snow removal
weekly cleaning

Building Details

Year Built 1974
Stories 1
Units 1
Listing Agency: Compass
Listed By: Alexandre Stoykov · License #471003645
Source: Allinonerealestateco
Added: Aug 2 Changed: Aug 31 Last Checked: Aug 2 at 11:28AM

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 Compass

Investment Insights

Based on property information with market context.

This flex space provides 2,200 square feet of office area within a shared commercial setting. Recent improvements include refreshed paint, an upgraded employee kitchen, renovated bathrooms, and controlled entry through key fob and coded access. Desks, equipment, and shared areas are available with the workspace, supporting a functional setup for incoming occupants.

The property is located at 1016 Lunt Avenue in Schaumburg, within an established industrial business park between Rodenburg Road and Wright Boulevard. Access to the Elgin-O’Hare Expressway (IL-390) and surrounding major roadways supports connections to employees, clients, and distribution routes. Thirteen parking spots are available at the rear of the property.

Key Highlights

  • 2,200 total sq. ft. of office space
  • Updated employee kitchen and bathrooms
  • Key fob and coded entry provided

Property Analytics

Current Use

Sensata INSIGHTS Industrial Manufacturer chicago approved taxi ... Freight Service

Suggested Use

Top Pick Law Firm Real Estate Agency Pharmacy Restaurant Spa & Massage Center Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Schaumburg, IL

$14.75 /SF/Yr
Avg Asking Price
$13.5–$17 /SF/Yr
Price Range
16,178 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Similar Off Market Nearby

  • Toasty Cheese Food Trucks FOOD TRUCK ONLY RESTAURANT CLOSED, 951 W Wise Rd, Schaumburg, IL 60193

Frequently Asked Questions

What type of property is this?
Flex space - Shared flex workspace includes updated common areas and key fob entry.
Where is this flex space located?
The property is located at 1016 Lunt Avenue Schaumburg, IL.
What is the lease rate?
The lease rate is $4,500/Mo per office.
What are key features of this property?
This property features: 2,200 total sq. ft. of office space; Updated employee kitchen and bathrooms; Key fob and coded entry provided
More about this property
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