Industrial Facility in Northwest
For Lease
Contact for pricing
515 Morse Avenue, Schaumburg, IL 60193
Free-standing industrial facility in dynamic Northwest Cook submarket available for rent.
Space SizeContact for details
Days on Market149
Property Features for 515 Morse Avenue
General Information
Standard status
Active
Property subtype
FlexIndustrial
Listing Agency:
CBRE | Corporate
(847) 706-4995
Listed By:
Cal Payne
(847) 706-4995
Source:
Cbre
Added: Mar 25
Changed: Aug 19
Last Checked: Aug 19 at 6:42AM
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 CBRE | Corporate
Investment Insights
Based on property information with market context.
This well-maintained, multi-tenant industrial facility is located in a business park environment within the dynamic Northwest Cook submarket. The property offers a potential owner-occupied investment opportunity with the ability to generate rental income. The building provides multiple points of ingress and egress, allowing 360-degree access around the site. It offers quick access to IL-390, I-290, and Irving Park Road. The property contains 14,279 square feet and is suitable for flex space, industrial, warehouse, and office uses.
Key Highlights
- Potential for owner‑occupied investment with rental income generation.
- Rare free‑standing industrial facility in Northwest Cook submarket.
- Quick access to IL‑390, I‑290, and Irving Park Road.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
949
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
Lease Benchmarks for Schaumburg, IL
$16.45 /SF/Yr
Avg Asking Price
$13–$25 /SF/Yr
Price Range
15,169 SF
Avg Space Size
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
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Similar Off Market Nearby
- Relish Catering Kitchen — 19 W Wise Rd, Schaumburg, IL 60193
- Toasty Cheese Food Trucks — FOOD TRUCK ONLY RESTAURANT CLOSED, 951 W Wise Rd, Schaumburg, IL 60193
Frequently Asked Questions
What type of property is this?
Flex space - Free-standing industrial facility in dynamic Northwest Cook submarket available for rent.
Where is this flex space located?
The property is located at 515 Morse Avenue Schaumburg, IL.
What are key features of this property?
This property features: Potential for owner‑occupied investment with rental income generation.; Rare free‑standing industrial facility in Northwest Cook submarket.; Quick access to IL‑390, I‑290, and Irving Park Road.
