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Warehouse with 360 Access
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515 Morse Ave, Schaumburg, IL 60193

Well-maintained warehouse in a business park with multiple ingress/egress points for 360-degree site access.

Property Size14,279 SF
Days on Market451

Property Features for 515 Morse Ave

General Information

Standard status Active
Size 14,279 SF
Property subtype INDUSTRIAL

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: CBRE | Chicago
Listed By: Calum Payne
Source: Moodyscre
Added: May 6, 2025 Changed: Jul 26 Last Checked: Jul 29 at 1:14PM

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 | Chicago

Investment Insights

Based on property information with market context.

This well-maintained warehouse is located within a business park setting. The site offers multiple points of ingress and egress, providing 360-degree access around the property.

The facility has quick access to IL-390, I-290, and Irving Park Road, supporting convenient connectivity for daily operations and deliveries.

There is also future potential to expand within the facility.

Key Highlights

  • Well‑maintained warehouse located in a business park environment
  • Multiple ingress/egress points provide 360‑degree access around the site
  • Quick access to IL‑390, I‑290, and Irving Park Road

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Law Firm Restaurant Furniture & Home Goods Hotel & Motel Grocery & Convenience 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.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,051
Businesses Nearby
Well-served
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Public Storage — 777 W Wise Rd, Schaumburg, IL 60193
  • Public Storage — 930 S Roselle Rd, Schaumburg, IL 60193
  • JC Storage — 650 Morse Ave, Schaumburg, IL 60193
  • Kent Kartage Inc — 1129 Beachcomber Dr, Schaumburg, IL 60193
  • iStorage — 1031 Albion Ave, Schaumburg, IL 60193

Frequently Asked Questions

What type of property is this?
Warehouse - Well-maintained warehouse in a business park with multiple ingress/egress points for 360-degree site access.
Where is this warehouse located?
The property is located at 515 Morse Ave Schaumburg, IL.
What are key features of this property?
This property features: Well‑maintained warehouse located in a business park environment; Multiple ingress/egress points provide 360‑degree access around the site; Quick access to IL‑390, I‑290, and Irving Park Road
(847) 706-4995 Call to check price and availability
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