Schaumburg Industrial Facility with Expansion
For Sale
Contact for pricing
1700 N Penny Ln, Schaumburg, IL 60173
34,980 SF industrial building on 6.75 acres for sale.
Property Size34,980 SF
Lot Size6.75 Acres
Days on Market188
Property Features for 1700 N Penny Ln
General Information
Standard status
Active
Size
34,980 SF
Class
A
Lot size
6.75 Acres
Property subtype
Industrial
Zoning
M-1
Investment Type
Owner/User
Listing Agency:
Versa Real Estate Services
(630) 480-6346
Listed By:
Ryan Moen · License #IL 471011256
Source:
Crexi
Added: Feb 10
Changed: Aug 8
Last Checked: Aug 8 at 6:35AM
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 Versa Real Estate Services
Investment Insights
Based on property information with market context.
This industrial facility, located at 1700 Penny Road in Schaumburg, Illinois, offers 34,980 square feet of space on a 6.75-acre lot. The site allows for significant expansion, potentially accommodating a total building size of up to 100,000 square feet. The building includes approximately 4,000 square feet of fully furnished Class A office space. The warehouse area features an 18-foot clear height, 1,600 amps of 480v 3-phase power, and two overhead doors with a dock. It is equipped with both a 3-ton crane and a 15-ton crane. Major capital improvements include a roof replacement in 2015 with a 15-year warranty and the installation of three new rooftop units in 2022. The property provides 89 parking spaces. Situated along Interstate 90, the property offers access to the Chicagoland interstate network, making it suitable for distribution, manufacturing, and service-based operations. The property is intended for industrial use and offers long-term growth potential.
Key Highlights
- Significant expansion potential on 6.75 acres, allowing for a total building size of up to 100,000 SF.
- Strategic location with exceptional access to Interstate 90 and the Chicagoland interstate network.
- Equipped with both a 3‑ton crane and a 15‑ton crane, supporting heavy industrial uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
956
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Manufacturing property - 34,980 SF industrial building on 6.75 acres for sale.
Where is this manufacturing property located?
The property is located at 1700 N Penny Ln Schaumburg, IL.
What are key features of this property?
This property features: Significant expansion potential on 6.75 acres, allowing for a total building size of up to 100,000 SF.; Strategic location with exceptional access to Interstate 90 and the Chicagoland interstate network.; Equipped with both a **3‑ton crane and a 15‑ton crane**, supporting heavy industrial uses.
