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1400 American Ln, Schaumburg, IL 60173

Flexible office floorplates feature views toward downtown Chicago, a 3,700-acre nature preserve, and the surrounding Schaumburg area.

Space SizeContact for details
Days on Market109

Property Features for 1400 American Ln

General Information

Standard status Active
Class A
Property subtype office

Additional Details

Highway Access Yes

Amenities

Atrium
Cafe
Conferencing Facility
Courtyard
Fitness Center
Gameroom
On Site Management
Security System
Signage
Wi-Fi
Pace and Metra Stops Nearby
Grab N Go
EV Charging Stations
Bike Rental

Building Details

Year Built 1986
Year Renovated 2018
Listing Agency: Chicago
Listed By: Doug Shehan · License #475.127420
Source: Property.jll
Added: Jul 16 Changed: Oct 25 Last Checked: Nov 1 at 2:26AM

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 Chicago

Rey
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Investment Insights

Based on property information with market context.

Schaumburg Towers I is an office property built in 1986 and most recently renovated in 2018. The towers provide flexible floorplates along with unobstructed views of the downtown Chicago skyline, a nearby 3,700-acre nature preserve, and the greater Schaumburg area.

The property is directly opposite Woodfield Mall, a 2.25-million-SF regional shopping center in northwest suburban Chicago. Access to I-90, the I-355 toll road, and the I-290 expressway supports connections throughout the suburban market, while Chicago O'Hare is approximately 10 miles away. Many amenities are within walking distance.

Key Highlights

  • Built in 1986 and most recently renovated in 2018
  • Flexible office floorplates
  • Unobstructed views of the downtown Chicago skyline and a nearby 3,700‑acre nature preserve

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Paylocity Accounting Firm Steadfast Insurance Co Insurance Agency Network Distribution Distribution Center Zurich American Insurance ... Insurance Agency Lavallie Kathleen Insurance Agency

Suggested Use

Top Pick Storage Facility Garden Center Veterinary Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service

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

3,038
Businesses Nearby

Demographics for 60173, IL

13,764
Population
6,901
Households
2
Avg Household Size
35
Median Age
67%
College-Educated
97%
High-School Grad
6.4 sq mi
ZIP Area
2,151
Density / Sq Mi
$99,975
Median Household Income
$68,305
Median Earnings
$1,786
Median Rent
$311,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Schaumburg, IL

$15.27 /SF/Yr
Avg Asking Price
$13–$18 /SF/Yr
Price Range
7,506 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Flexible office floorplates feature views toward downtown Chicago, a 3,700-acre nature preserve, and the surrounding Schaumburg area.
Where is this office unit located?
The property is located at 1400 American Ln Schaumburg, IL.
What are key features of this property?
This property features: Built in 1986 and most recently renovated in 2018; Flexible office floorplates; Unobstructed views of the downtown Chicago skyline and a nearby 3,700‑acre nature preserve
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