Schaumburg Industrial/Warehouse Space For
For Sale
Contact for pricing
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 Market266
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
(630) 450-7767
Listed By:
Eric Barry · License #475174201
(630) 450-7767
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Jul 6
Last Checked: Aug 18 at 10:57AM
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 = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,336
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
NOI $63,127 @ 7.0% cap · market cap 9.35%
Second Best
Warehouse
$447.7K
$391.7K – $522.3K
NOI $31,336 @ 7.0% cap · market cap 4.64%
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,886 @ 7.0% cap · market cap 21.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,011
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 1200 W Irving Park Rd, Schaumburg, IL 60193
- Public Storage — 777 W Wise Rd, Schaumburg, IL 60193
- JC Storage — 650 Morse Ave, Schaumburg, IL 60193
- Kent Kartage Inc — 1129 Beachcomber Dr, Schaumburg, IL 60193
- iStorage — 1031 Albion Ave, 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
