Industrial Flex Condo with
For Sale
Contact for pricing
502-542 Pratt Ave N, Schaumburg, IL 60193
Masonry flex condominium with substantial office space, loading access, and M-1 manufacturing district zoning.
Property Size5,250 SF
Days on Market9
Property Features for 502-542 Pratt Ave N
General Information
Standard status
Active
Size
5,250 SF
Class
C
Total Parking Spaces
9
Property subtype
Industrial
Zoning
M-1
Warehouse & Industrial
Clear Height
14 ft
Office Build-Out
2,500 SF
Drive-In Doors
1
Power
400 amps
Additional Details
Highway Access
Yes
Building Details
Year Built
1991
Stories
1
Construction
masonry
Properties For Sale
at 502-542 Pratt Ave N Contact us- Suite
- 534
- Size
- 5,250 SF
- Availability
- Sale
Available Space
Listing Agency:
Transwestern
Listed By:
Ross Lehrman · License #475171721
(847) 588-5671
Source:
Transwestern
Added: Sep 6
Last Checked: Sep 13 at 3:57AM
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 Transwestern
Investment Insights
Based on property information with market context.
This 5,250-square-foot industrial flex condominium includes approximately 2,500 square feet of office area within a masonry building constructed in 1991. The property has a 14-foot clear height, one 12-foot by 12-foot drive-in door, 400-amp electrical service, gas heating, and approximately nine parking spaces. A newer roof and maintained condition are also noted.
Zoned M-1 for a manufacturing district, the property is positioned in the Mitchell Commons development and offers access to O'Hare International Airport via I-390. The combination of office, industrial, loading, and parking components supports a range of commercial occupancy needs within a single condominium unit.
Zoned M-1 for a manufacturing district, the property is positioned in the Mitchell Commons development and offers access to O'Hare International Airport via I-390. The combination of office, industrial, loading, and parking components supports a range of commercial occupancy needs within a single condominium unit.
Key Highlights
- 5,250 SF industrial/flex condominium with approximately 2,500 SF of office space
- 14’ clear ceiling height and one 12’ x 12’ drive‑in door
- 400 Amps of power with gas heating
Property Analytics
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
922
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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 Office in Midwest region
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Similar Off Market Nearby
- Toasty Cheese Food Trucks — FOOD TRUCK ONLY RESTAURANT CLOSED, 951 W Wise Rd, Schaumburg, IL 60193
- Relish Catering Kitchen — 19 W Wise Rd, Schaumburg, IL 60193
Frequently Asked Questions
What type of property is this?
Flex space - Masonry flex condominium with substantial office space, loading access, and M-1 manufacturing district zoning.
Where is this flex space located?
The property is located at 502-542 Pratt Ave N Schaumburg, IL.
What are key features of this property?
This property features: 5,250 SF industrial/flex condominium with approximately 2,500 SF of office space; 14’ clear ceiling height and one 12’ x 12’ drive‑in door; 400 Amps of power with gas heating
