Move-In Ready Office
For Lease
Contact for pricing
1990 E Algonquin Rd, Schaumburg, IL 60067
Move-in ready office suites in a highly visible building directly on Algonquin Road near major interchanges.
Space SizeContact for details
Property Size1,476 SF
Days on Market924
Property Features for 1990 E Algonquin Rd
General Information
Standard status
Active
Size
1,476 SF
Property subtype
OFFICE
Lease Type
SF/yr
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
tenant building signage available
Spaces For Lease
at 1990 E Algonquin Rd Contact us1990 E Algonquin Rd $14.50/SF/Yr
Contact us
Listing Agency:
SVN | Chicago - Corporate
(312) 676-1862
Listed By:
Lina Adamis · License #475146577
(224) 723-2528
Source:
Moodyscre
Added: Jan 23, 2024
Changed: Jul 28
Last Checked: Aug 3 at 7:33AM
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 SVN | Chicago - Corporate
Investment Insights
Based on property information with market context.
Move-in ready office suites are available in a highly visible office building directly on Algonquin Road. Tenant building signage is available, and suites are positioned to support day-to-day business operations with established move-in readiness.
The property is located at the interchange for IL-53, with convenient proximity to the Schaumburg Convention Center (under 0.5 miles), the new 90 North Entertainment District (about 1 mile), and Woodfield Mall (under 2 miles). O'Hare International Airport is approximately 15 minutes away, with downtown Chicago about 30 minutes away.
Terms and proposals are being considered, including free rent and a tenant allowance with a 3-year structure for eligible signed agreements by 10/31/2024.
The property is located at the interchange for IL-53, with convenient proximity to the Schaumburg Convention Center (under 0.5 miles), the new 90 North Entertainment District (about 1 mile), and Woodfield Mall (under 2 miles). O'Hare International Airport is approximately 15 minutes away, with downtown Chicago about 30 minutes away.
Terms and proposals are being considered, including free rent and a tenant allowance with a 3-year structure for eligible signed agreements by 10/31/2024.
Key Highlights
- Move‑in ready office suites in a highly visible building directly on Algonquin Road
- Direct access to the IL‑53 interchange and Algonquin Road frontage
- Free rent and tenant allowance for 3 years; terms/proposals are signed through 10/31/2024
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.18 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,307
Businesses Nearby
Explore this area
Business Placement
Demographics for 60067, IL
39,324
Population
16,039
Households
2.5
Avg Household Size
43
Median Age
59%
College-Educated
96%
High-School Grad
13.0 sq mi
ZIP Area
3,025
Density / Sq Mi
$121,572
Median Household Income
$64,520
Median Earnings
$1,521
Median Rent
$427,900
Median Home Value
Market
Lease Benchmarks for Schaumburg, IL
$15.86 /SF/Yr
Avg Asking Price
$13.5–$17.65 /SF/Yr
Price Range
9,539 SF
Avg Space Size
This space is priced 9% below the average of $15.86 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office suites in a highly visible building directly on Algonquin Road near major interchanges.
Where is this office units located?
The property is located at 1990 E Algonquin Rd Schaumburg, IL.
What is the lease rate?
The lease rate is $14.50 SF/Yr.
What are key features of this property?
This property features: Move‑in ready office suites in a highly visible building directly on Algonquin Road; Direct access to the IL‑53 interchange and Algonquin Road frontage; Free rent and tenant allowance for 3 years; terms/proposals are signed through 10/31/2024
