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Updated Flex Office Space
New
For Lease
$300/Mo per office

1016 Lunt Avenue, Schaumburg, IL 60193

Shared workspace with modernized common areas, controlled entry, furnishings, and building services included.

Space Size2,200 SF
Days on Market3

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
Furnished Yes

Lease Terms

Lease Rate $300 /USD/MO
Total Rate $300
Monthly Rent $300
Lease Term 12 months

Additional Details

Highway Access Yes

Amenities

employee kitchen area
updated bathrooms
key fob access
coded entry
cleaning
snow removal
wifi

Building Details

Year Built 1974
Stories 1
Units 1
Listing Agency: Compass
Listed By: Alexandre Stoykov · License #471003645
Source: Allinonerealestateco
Added: Aug 6 Changed: Aug 7 Last Checked: Aug 7 at 4:22AM

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 offering is part of a 2,200-square-foot rentable office environment at 1016 Lunt Avenue in Schaumburg. The available area is approximately 170 square feet with 1 rentable desk. Recent improvements include refreshed paint, updated bathrooms, a renovated employee kitchen completed June 2026, and key-fob and coded entry. Furnishings, phone systems, Wi-Fi, utilities, cleaning, snow removal, and building maintenance are included in the stated lease arrangement.

The property was built in 1974 and is zoned OFFIC. It sits in an industrial business park between Rodenburg Road and Wright Boulevard, with access to the Elgin-O’Hare Expressway (IL-390) and surrounding major roadways. Thirteen parking spots are available at the rear of the building. The space is positioned for light industrial, service, or other flex-use businesses seeking a furnished workspace with shared facilities.

Key Highlights

  • Approximately 170 sq. ft. of available space with 1 rentable desk
  • Part of a 2,200‑square‑foot rentable flex office environment
  • Kitchen renovated June 2026; bathrooms and finishes also updated

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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

829
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

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 workspace with modernized common areas, controlled entry, furnishings, and building services included.
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 $300/Mo per office.
What are key features of this property?
This property features: Approximately 170 sq. ft. of available space with 1 rentable desk; Part of a 2,200‑square‑foot rentable flex office environment; Kitchen renovated June 2026; bathrooms and finishes also updated
More about this property
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