Flex Space with Office
For Sale
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534 Pratt Avenue North, Schaumburg, IL 60193
Well-maintained masonry flex condominium with gas heat, dedicated loading, and M-1 manufacturing zoning.
Property Size5,250 SF
Days on Market14
Property Features for 534 Pratt Avenue North
General Information
Standard status
Active
Size
5,250 SF
Total Parking Spaces
9
Property subtype
Industrial
Zoning
M-1 (Mfg District)
Warehouse & Industrial
Clear Height
14 ft
Office Build-Out
2,500 SF
Drive-In Doors
1
Power
400 amps
Additional Details
Highway Access
Yes
Building Details
Year Built
1991
Construction
masonry
Listing Agency:
Transwestern
Listed By:
Ross Lehrman · License #IL 475171721
(847) 588-5700
Source:
Crexi
Added: Sep 10
Changed: Sep 16
Last Checked: Sep 22 at 2:39PM
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
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
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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
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
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- 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
