Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1001 West Irving Park Rd Schaumburg, IL 60193

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $495 /Mo

    30 acres of trailer parking available in Schaumburg, Illinois.

    Lot size:
    30.00 Acres

    Property Features for 1001 West Irving Park Rd

    General Information

    Lot size
    30.00 Acres

    We can help!

    Listing Contact
    David Haigh, Ccim
    Source: Naiglobal

    Listing Agent: David Haigh, Ccim

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

    Learn more

    Overview

    Schaumburg Trailer Parking for Lease

    Located at 1001 W Irving Park Road in Schaumburg, Illinois, this property offers 30 acres of trailer parking for lease. The site is part of a growing logistics and industrial hub in Chicago's northwest suburbs. Positioned approximately 30 miles northwest of downtown Chicago, the location provides connectivity to Interstates 90, 290, and 355. O’Hare International Airport is located 12 miles away, providing freight and travel access.
    Location Intelligence

    Current Use by Public Records

    Experior Global Trucking Company

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.1117634
    Latitude
    41.994326

    Nearby Similar for Lease

    • Contact for pricing

      Prime Schaumburg Office Space

      Professional office space with high visibility in a strong commercial corridor.
      1226 Roselle Rd N, Schaumburg, IL 60195
      View Details
    • Contact for pricing

      Schaumburg Office/Retail Space Available

      First-floor office/retail space in Schaumburg with ample parking.
      105 S Roselle Rd, Schaumburg, IL 60193
      View Details
    • Sponsored
      Contact for pricing

      Woodfield Preserve

      Workspaces, services and support to help you work better in Woodfield Preserve
      10 Martingale Rd, Schaumburg, IL 60173
      View Details
    • Contact for pricing

      Gateway Executive Park

      Discover many ways to work your way in Gateway Executive Park
      1821 Walden Office Sq, Schaumburg, IL 60173
      View Details
    • Contact for pricing

      IL, Schaumburg - McConnor Pkwy

      Discover many ways to work your way in Ayrsley
      1500 Mcconnor Pkwy, Schaumburg, IL 60173
      View Details
    • Contact for pricing

      Schaumburg Office Warehouse Space

      Office unit with warehouse in prime Woodfield location.
      1254 Remington Rd, Schaumburg, IL 60193
      View Details
    • $14 SF/Yr
      3,515 SF

      Furnished Office Space Sublease

      Well-maintained, furnished office space available for sublease in a business park.
      1125 Remington Rd, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      58,423 SF

      Prime Retail Space Available

      Anchor space with high visibility near Woodfield Mall.
      830 East Golf Rd, Schaumburg, IL 60173
      View Details
    • $13 SF/Yr
      2,074 SF

      Schaumburg Office Space Available

      Renovated office space with cafeteria, lounge, and fitness center.
      200 N Martingale Rd, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      174,397 SF

      Schaumburg Office Sublease Opportunity

      Sublease opportunity in a prime Schaumburg location.
      1701 Woodfield Rd, Schaumburg, IL 60173
      View Details
    • $16 SF/Yr
      96,529 SF

      Premier Office Center with Amenities

      Office complex with amenities, convenient access to major highways.
      10 North Martingale Rd, Schaumburg, IL 60173
      View Details
    • $13 SF/Yr
      12,500 SF

      Schaumburg Flex Space For Rent

      Flex space available near Elgin-O’Hare Expressway, suitable for automotive use.
      1025 Lunt Ave, Schaumburg, IL 60193
      View Details

    FAQs

    What type of property is this?
    Industrial land - 30 acres of trailer parking available in Schaumburg, Illinois.
    Where is this industrial land located?
    The property is located at 1001 West Irving Park Rd Schaumburg, IL.
    What is the lease rate?
    The lease rate is $495 /Mo.
    What are key features of this property?
    This property features: - 30 acres of trailer parking for lease.; - Strategically located in a growing logistics and industrial hub in Chicago's northwest suburbs.; - Excellent connectivity to major highways: Interstates 90, 290, and 355.
    (630) 525-0649
    Request Owner's contact information
    1001 West Irving Park Rd Schaumburg, IL 60193
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1001 West Irving Park Rd
    Schaumburg, IL 60193
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1001 West Irving Park Rd Schaumburg, IL 60193
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    David Haigh, Ccim
    (630) 525-0649
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!