Schaumburg Multi-Tenant Office
For Sale
Contact for pricing
105-195 Central Rd, Schaumburg, IL 60195
Multi-tenant office building with owner/occupant potential.
Property Size57,501 SF
Lot Size3.40 Acres
Price / SF$45.22
Days on Market874
Property Features for 105-195 Central Rd
General Information
Standard status
Active
Size
57,501 SF
Class
B
Lot size
3.40 Acres
Property subtype
Office
Zoning
B-3
Listing Agency:
Versa Real Estate Services
(847) 685-8300
Listed By:
Ryan Moen · License #IL 471011256
Source:
Crexi
Added: Mar 19, 2024
Changed: Aug 8
Last Checked: May 12 at 9:30PM
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 Versa Real Estate Services
Investment Insights
Based on property information with market context.
The property at 105-195 W Central Road in Schaumburg, IL, presents an opportunity to acquire a fee simple interest. Located northwest of I-90 and Roselle Rd, this multi-tenant office building encompasses 57,501 square feet and was constructed in 1983. It is situated on a 3.4-acre parcel of land. The building offers an opportunity for an owner/occupant to utilize up to 28,696 square feet while receiving income from existing tenants. The entire 10,566 square feet on the second floor is currently available. Alternatively, an investor could acquire the building and potentially increase rents and occupancy through improvements to the common areas and office suites.
Key Highlights
- Multi‑tenant 57,501 SF office building.
- Great opportunity for owner/occupant to utilize up to 28,696 SF while collecting cash flow from other tenants.
- Investors can increase rents and occupancy through leasing improvements.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
Explore this area
Business Placement
Demographics for 60195, IL
5,150
Population
2,469
Households
2.1
Avg Household Size
34
Median Age
59%
College-Educated
99%
High-School Grad
1.7 sq mi
ZIP Area
3,029
Density / Sq Mi
$89,116
Median Household Income
$60,122
Median Earnings
$1,728
Median Rent
$239,900
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Multi-tenant office building with owner/occupant potential.
Where is this office building located?
The property is located at 105-195 Central Rd Schaumburg, IL.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Multi‑tenant 57,501 SF office building.; Great opportunity for owner/occupant to utilize up to 28,696 SF while collecting cash flow from other tenants.; Investors can increase rents and occupancy through leasing improvements.
