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Warehouse in Business Park
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515 Morse Ave, Schaumburg, IL 60193

Well-maintained warehouse facility in a business park with multiple ingress/egress points for 360-degree access.

Property Size5,899 SF
Days on Market486

Property Features for 515 Morse Ave

General Information

Standard status Active
Size 5,899 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes
Listing Agency: CBRE | Chicago
Listed By: Calum Payne
Source: Moodyscre
Added: Apr 1, 2025 Changed: Jul 26 Last Checked: Jul 29 at 12:48PM

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 CBRE | Chicago

Investment Insights

Based on property information with market context.

This well-maintained warehouse facility is located in a business park environment. The site is designed with multiple points of ingress and egress, providing 360-degree access around the property.

The location offers quick access to IL-390, I-290, and Irving Park Road.

The property also offers future potential to expand within the facility.

Key Highlights

  • Well‑maintained warehouse facility in a business park environment
  • Multiple ingress/egress points providing 360‑degree access around the site
  • Quick access to IL‑390, I‑290, and Irving Park Road

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Restaurant Furniture & Home Goods Hotel & Motel Grocery & Convenience Store (Bike/Boat/Book/etc) Store

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

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,051
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60193, IL

40,805
Population
16,478
Households
2.5
Avg Household Size
42
Median Age
44%
College-Educated
96%
High-School Grad
8.8 sq mi
ZIP Area
4,637
Density / Sq Mi
$92,284
Median Household Income
$57,707
Median Earnings
$1,699
Median Rent
$317,900
Median Home Value

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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Similar Off Market Nearby

  • Public Storage — 777 W Wise Rd, Schaumburg, IL 60193
  • Public Storage — 930 S Roselle 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 - Well-maintained warehouse facility in a business park with multiple ingress/egress points for 360-degree access.
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: Well‑maintained warehouse facility in a business park environment; Multiple ingress/egress points providing 360‑degree access around the site; Quick access to IL‑390, I‑290, and Irving Park Road
(847) 706-4995 Call to check price and availability
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