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Schaumburg Industrial/Warehouse Space For Sale
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935 Lunt Ave, Schaumburg, IL

5,995 SF industrial/warehouse space with office and executive lounge.

Property Size5,995 SF
Lot Size0.34 Acres
Price / SF$112.59
Days on Market314

Property Features for 935 Lunt Ave

General Information

Standard status Active
Size 5,995 SF
Lot size 0.34 Acres
Property subtype OFFICE
Listing Agency: RE/MAX COMMERCIAL
Listed By: Eric Barry · License #475174201
Source: Moodyscre
Added: Nov 25, 2025 Changed: Sep 4 Last Checked: Oct 4 at 7:38AM

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 RE/MAX COMMERCIAL

Investment Insights

Based on property information with market context.

This 5,995 square foot industrial/warehouse space features full masonry construction and is fully heated and air-conditioned. The layout includes a reception lobby, a private office, and an updated executive lounge. The property is equipped with heavy power at 1 MW. Smart lighting and HVAC systems are remotely controllable. The building includes 2 overhead doors.

Key Highlights

  • Heavy Power: 1 MW
  • Fully heated and air‑conditioned industrial/warehouse space
  • 5,995 SF of full masonry construction

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,336
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,720 $626.7K
Cap Rate 7%
$447,657 $447.7K
Cap Rate 9%
$348,178 $348.2K
Market Conditions
NOI Build-Up for 5,995 SF
Gross rent
$38.8K $6.48/SF
− Vacancy
−$2.0K −$0.33/SF
EGI
$36.9K $6.15/SF
− OpEx
−$5.5K −$0.92/SF
NOI
$31.3K $5.23/SF
Area
Cook County, IL
Vacancy
5.10%
Lease Rate
$6.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$626,720
Cap Rate 7%
$447,657
Cap Rate 9%
$348,178

Alternative Uses

Best Use
Flex RnD
$901.8K
$789.1K – $1.05M (±1% cap)
NOI $63,127 @ 7.0% cap · market cap 9.35%
Second Best
Warehouse
$447.7K
$391.7K – $522.3K (±1% cap)
NOI $31,336 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M (±1% cap)
NOI $144,886 @ 7.0% cap · market cap 21.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Cor Funding Bank AVA Automotive Auto Repair Shop garagedoorrepairschaumburgil HVAC Service Lux Motors Chicago Car Dealership

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Restaurant Pharmacy Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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  • Kent Kartage Inc — 1129 Beachcomber Dr, Schaumburg, IL 60193

Frequently Asked Questions

What type of property is this?
Warehouse - 5,995 SF industrial/warehouse space with office and executive lounge.
Where is this warehouse located?
The property is located at 935 Lunt Ave Schaumburg, IL.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Heavy Power: 1 MW; Fully heated and air‑conditioned industrial/warehouse space; 5,995 SF of full masonry construction
(630) 450-7767 Call to check price and availability
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