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Flex Space with Paved Yard
For Lease
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515 W Lunt Avenue, Schaumburg, IL 60193

Flex space combines warehouse functionality with a paved outdoor yard for businesses requiring indoor and exterior operating areas.

Space Size30,000 SF
Days on Market132

Property Features for 515 W Lunt Avenue

General Information

Standard status Active
Size 30,000 SF
Property subtype Industrial

Building Details

Building Size 30,000 SF
Tenancy Single

Spaces For Lease

at 515 W Lunt Avenue Contact us

Full Property

Size
30,000 SF
Type
Industrial
Availability
Active
Contact us
Listing Agency: Chicago Real Estate Resources Inc
Listed By: Timothy Keenan · License #IL 475136867
Source: Crexi
Added: Apr 22 Changed: Aug 30 Last Checked: Aug 31 at 10:20AM

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 Chicago Real Estate Resources Inc

Investment Insights

Based on property information with market context.

Available for lease at 515 W Lunt Avenue, this flex-space property combines approximately 6,000 square feet of building area with nearly 28,000 square feet of yard area. The site includes an extensive paved outdoor area and a low 13% site coverage ratio, creating a configuration suited to operations that need both enclosed workspace and substantial exterior capacity.

Located in Schaumburg, Illinois, the property supports industrial users whose activities involve equipment, fleet vehicles, materials, or other outdoor storage needs. Its blend of warehouse space and usable yard area provides a practical format for contractors, fleet-oriented businesses, equipment storage, and industrial service operations.

Key Highlights

  • Approximately 6,000 square feet of building space
  • Nearly 28,000 square feet of yard area
  • Extensive paved yard for outdoor operations and storage

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Law Firm Hotel & Motel Furniture & Home Goods Grocery & Convenience Store (Bike/Boat/Book/etc) Store Restaurant

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

902
Businesses Nearby
Under-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

Lease Benchmarks for Schaumburg, IL

$14.75 /SF/Yr
Avg Asking Price
$13.5–$17 /SF/Yr
Price Range
16,178 SF
Avg Space Size

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

  • 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 - Flex space combines warehouse functionality with a paved outdoor yard for businesses requiring indoor and exterior operating areas.
Where is this flex space located?
The property is located at 515 W Lunt Avenue Schaumburg, IL.
What are key features of this property?
This property features: Approximately 6,000 square feet of building space; Nearly 28,000 square feet of yard area; Extensive paved yard for outdoor operations and storage
(773) 327-9300 Call to check price and availability
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