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Warehouse in Business Park
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515 Morse Ave, Schaumburg, IL 60193

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

Space Size5,899 SF
Days on Market579

Property Features for 515 Morse Ave

General Information

Standard status Active
Size 5,899 SF
Property subtype INDUSTRIAL

Additional Details

Highway Access Yes

Spaces For Lease

at 515 Morse Ave
515 Morse Ave AVAILABLE, 60 Days
Floor 1
Size 5,899 SF
Type INDUSTRIAL
Rate Contact for pricing
Sublease No
- Well-maintained facility in a business park environment - Multiple points of ingress/egress allowing 360 degree access around the site - Quick access to IL-390, I-290, and Irving Park Road - Future potential to expand within the facility
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Listing Agency: CBRE | Chicago
Listed By: Calum Payne
Source: Moodyscre
Added: Apr 1, 2025 Changed: Oct 25 Last Checked: Oct 30 at 3:45PM

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

Rey
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Investment Insights

Based on property information with market context.

This well-maintained warehouse facility is located in a business park environment. The site is designed with multiple points of ingress and egress, providing 360-degree access around the property.

The location offers quick access to IL-390, I-290, and Irving Park Road.

The property also offers future potential to expand within the facility.

Key Highlights

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

Property Analytics

Who owns this building? See the owner, sales and loan history
Open 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
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

949
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Similar Off Market Nearby

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

Frequently Asked Questions

What type of property is this?
Warehouse - Well-maintained warehouse facility in a business park with multiple ingress/egress points for 360-degree 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 facility in a business park environment; Multiple ingress/egress points providing 360‑degree access around the site; Quick access to IL‑390, I‑290, and Irving Park Road
(847) 706-4995 · Office Call to check price and availability
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