Updated Office Condo For
For Sale
$200,000
1025 W Wise Road #200, Schaumburg, IL 60193
Updated office condo with tenant or vacant options available.
Property SizeContact for details
Days on Market403
Property Features for 1025 W Wise Road #200
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$10,470
Building Details
Year Built
1990
Listing Agency:
ROYAL FAMILY REAL ESTATE
Listed By:
ROYAL HARTWIG
(847) 985-0200
Source:
Corcoran
Added: Jul 31, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 ROYAL FAMILY REAL ESTATE
Investment Insights
Based on property information with market context.
This large office condo is available for sale, offering flexibility for either immediate occupancy or continued use as an investment property with the current tenant. The tenant is willing to vacate sooner than the lease end in January 2027, should the new owner desire immediate occupancy. The space has been updated with newer features including the furnace, A/C, paint, flooring, kitchen, bathroom, and glass doors. The layout includes 3 private offices and a large conference room that could be divided into 2 additional offices. A custom-built reception desk with seating for 2 is present, along with workstations by the kitchen accommodating up to 5 additional people. Ample storage is available, including a large storage room with built-in shelving. The building provides an elevator and significant parking. The location offers convenient access to the expressway and train. Built-in furniture and the large conference room table are included. The annual taxes are $10,470, and the annual insurance cost is $670. The monthly association fee is $436, covering exterior maintenance, parking, garbage disposal, lawn care, and snow removal.
Key Highlights
- Tenant willing to vacate early, offering flexibility for owner occupancy or continued investment.
- Recently updated with new furnace, A/C, paint, flooring, kitchen, bathroom, and glass doors.**
- Flexible layout with 3 private offices and a large conference room that can be converted into 2 additional offices.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
597
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office units - Updated office condo with tenant or vacant options available.
Where is this office units located?
The property is located at 1025 W Wise Road #200 Schaumburg, IL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Tenant willing to vacate early, offering flexibility for owner occupancy or continued investment.; Recently updated with new furnace, A/C, paint, flooring, kitchen, bathroom, and glass doors.**; Flexible layout with 3 private offices and a large conference room that can be converted into 2 additional offices.
