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    515 Morse Ave Schaumburg, IL 60193

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    For Sale
    Contact for pricing

    Well-maintained warehouse with expansion potential and multiple access points.

    Property size:
    14,279 SF
    Lot size:
    0.81 Acres

    Property Features for 515 Morse Ave

    General Information

    Size
    14,279 SF
    Lot size
    0.81 Acres

    Source: CBRE | Chicago Agent Calum Payne

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

    Overview

    Schaumburg Warehouse in Business Park

    This well-maintained 14,279-square-foot facility is located in a business park in Schaumburg, Illinois. The property offers multiple points of ingress and egress, providing 360-degree access around the site. It benefits from quick access to IL-390, I-290, and Irving Park Road. There is future potential to expand within the facility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    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
    -88.093024
    Latitude
    41.9999997

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    FAQs

    What type of property is this?
    Warehouse - Well-maintained warehouse with expansion potential and multiple access points.
    Where is this warehouse located?
    The property is located at 515 Morse Ave Schaumburg, IL.
    What are key features of this property?
    This property features: - Quick access to IL-390, I-290, and Irving Park Road; - Future potential to expand within the facility; - Multiple points of ingress/egress allowing 360 degree access around the site
    (847) 706-4995
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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
    515 Morse Ave Schaumburg, IL 60193
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