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    502 Morse Ave Schaumburg, IL 60193

    For Lease
    Contact for pricing

    Flexible warehouse space near I-390, Route 53, and I-90.

    Property size:
    33,837 SF
    Lot size:
    33,837 SF

    Property Features for 502 Morse Ave

    General Information

    Size
    33,837 SF

    Source: David Pernice Agent David Pernice

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Warehouse Space in Schaumburg

    This flexible industrial warehouse space is designed for light industrial, distribution, or contractor operations. The property features a true warehouse/shop layout without office buildout, ready to be tailored to specific business needs. It is strategically positioned near I-390, Route 53, and I-90, providing excellent regional connectivity. The space includes a 12-foot wide and 9-foot high drive-in door and a dock suitable for box trucks and vans. The warehouse offers a 16-foot clear height and 200 Amps / 3 Phase power (to be verified). Located in the Schaumburg Northwest Cook Submarket, a dynamic and mature commercial real estate hub within the greater Chicago metropolitan area, the property benefits from a strategic location and a diverse mix of business types. The area provides easy access to major highways, offering seamless connectivity to downtown Chicago and O'Hare International Airport. The property size is 33837 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Droz Motors Inc. Auto Repair Shop Kinio Construction - Full ... Contractor Longstreet Electric Electrical Installation Service Garcia's Auto Repair Auto Repair Shop Advanced Auto Glass ... Auto Glass Shop

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Public Storage, Public Storage, JC Storage, Kent Kartage Inc, iStorage

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0925093
    Latitude
    42.0008157

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    FAQs

    What type of property is this?
    Warehouse - Flexible warehouse space near I-390, Route 53, and I-90.
    Where is this warehouse located?
    The property is located at 502 Morse Ave Schaumburg, IL.
    What are key features of this property?
    This property features: - Excellent highway accessibility to I-390, Route 53, and I-90.; - True warehouse/shop layout ready for customization.; - Dock for box trucks and vans.
    (312) 607-3300
    Request Owner's contact information
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    Schaumburg, IL 60193
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    502 Morse Ave Schaumburg, IL 60193
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