Flex Space with Office
534 Pratt Avenue North, Schaumburg, IL 60193
For Sale
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Well-maintained masonry flex condominium with gas heat, dedicated loading, and M-1 manufacturing zoning.
Property Size5,250 SF
Days on Market61
Property Features for 534 Pratt Avenue North
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Office Build-Out
Drive-In Doors
Power
Additional Details
Highway Access
Building Details
Year Built
Construction
Listing Agency:
Transwestern
Listed By:
Ross Lehrman · License #IL 475171721
(847) 588-5671
Source:
Crexi
Added: Sep 10
Changed: Nov 3
Last Checked: Nov 8 at 8:15AM
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
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Investment Insights
Based on property information with market context.
This 5,250 SF flex condominium in Mitchell Commons combines 2,500 SF of office area with industrial space in a masonry building constructed in 1991. The property includes a 14’ clear ceiling, one 12’ x 12’ drive-in door, 400 Amps of power, gas heating, and approximately nine parking spaces. A newer roof and move-in-ready condition are also noted.
Located at 534 Pratt Avenue North in Schaumburg, the property provides access to O'Hare via I-390. M-1 zoning supports its established manufacturing-district classification, while the office and industrial components accommodate a range of flex-oriented commercial operations.
Located at 534 Pratt Avenue North in Schaumburg, the property provides access to O'Hare via I-390. M-1 zoning supports its established manufacturing-district classification, while the office and industrial components accommodate a range of flex-oriented commercial operations.
Key Highlights
- ±5,250 SF industrial/flex condominium
- ±2,500 SF of office space
- 14’ clear ceiling height
Property Analytics
Who owns this building?
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Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Yes
Highway access
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
$317,900
Median Home Value
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Market
Average Price Trend$/SF for Flex space in Cook County, IL
Properties on Market for Flex space in Cook County
Vacancy Rate% for Industrial in Midwest region
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 - Well-maintained masonry flex condominium with gas heat, dedicated loading, and M-1 manufacturing zoning.
Where is this flex space located?
The property is located at 534 Pratt Avenue North Schaumburg, IL.
What are key features of this property?
This property features: ±5,250 SF industrial/flex condominium; ±2,500 SF of office space; 14’ clear ceiling height
