Industrial Flex Condo with
New
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 Market2
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 | Rosemont
Listed By:
Ross Lehrman · License #475171721
(847) 588-5671
Source:
Transwestern
Added: Sep 6
Last Checked: Sep 6 at 3:03PM
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 | Rosemont
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
