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Office Building with Parking
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16 E SCHAUMBURG RD., Schaumburg, IL 60194

Well-suited office building offering a flexible layout, gas forced HVAC, and on-site parking in a B-2 zoned area.

Property Size7,080 SF
Days on Market65

Property Features for 16 E SCHAUMBURG RD.

General Information

Standard status Active
Size 7,080 SF
Class C
Property subtype Office

Building Details

Building Size 7,080 SF
Year Built 1975
Listing Agency: Cawley Chicago
Listed By: Annalysa Pescara
Source: Cawleycre
Added: Jun 17 Changed: Aug 16 Last Checked: Aug 20 at 5:15AM

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 Cawley Chicago

Investment Insights

Based on property information with market context.

This office building totals 7,080 square feet and was constructed in 1975. The property is set on 0.56 acres and includes a flexible layout, which can support a range of office configurations. Heating and cooling are provided by gas forced HVAC. Signage is included, adding visibility for prospective tenants and visitors.

The building is located in a B-2 zoned area in Schaumburg and is described as having walkable amenities. Access is highlighted as easy for tenants and visitors via nearby I-90 and I-290.

For buyers or tenants evaluating office space, the combination of a flexible interior layout, on-site parking for 27 vehicles, and included signage can simplify day-to-day operations. The B-2 zoning provides a framework for office use in this setting, supported by the property’s established office building design and practical site features. Investors may also value the straightforward improvements and the property’s adaptability for multiple business setups, subject to zoning and use requirements.

Key Highlights

  • 7,080 SF office building built in 1975 with a flexible layout
  • 0.56‑acre lot with 27 on‑site parking spots
  • B‑2 zoning with signage included

Property Analytics

Current Use

ANNC Garage Door ... Building Supply INDIAN FLAG Tour Operator TaxAct Services & Consulting ... Accounting Firm Transam International Inc Logistics Company Dreamline Investments Financial Advisor

Suggested Use

Top Pick Law Firm Auto Repair Shop Parking Lot & Garage Bakery Auto Parts 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.

Location Intelligence

Trade Area within ½ mile

775
Businesses Nearby

Demographics for 60194, IL

20,622
Population
8,325
Households
2.5
Avg Household Size
41
Median Age
50%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
5,574
Density / Sq Mi
$97,876
Median Household Income
$60,835
Median Earnings
$1,897
Median Rent
$310,600
Median Home Value

Market

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
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Frequently Asked Questions

What type of property is this?
Office building - Well-suited office building offering a flexible layout, gas forced HVAC, and on-site parking in a B-2 zoned area.
Where is this office building located?
The property is located at 16 E SCHAUMBURG RD. Schaumburg, IL.
What are key features of this property?
This property features: 7,080 SF office building built in 1975 with a flexible layout; 0.56‑acre lot with 27 on‑site parking spots; B‑2 zoning with signage included
More about this property
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