Warehouse in Lincolnshire Business
For Sale
Contact for pricing
595 Schelter Rd, Lincolnshire, IL 60069
Warehouse totaling 84,856 SF in the Lincolnshire Business Center, minutes from multiple I-94 interchanges.
Property Size84,856 SF
Price / SF$79.55
Days on Market150
Property Features for 595 Schelter Rd
General Information
Standard status
Active
Size
84,856 SF
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Listing Agency:
DarwinPW Realty/CORFAC International
(847) 271-7550
Listed By:
Terry Lynch, SIOR
(847) 271-7550
Source:
Moodyscre
Added: Mar 2
Changed: Jul 30
Last Checked: Jul 30 at 5:20AM
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 DarwinPW Realty/CORFAC International
Investment Insights
Based on property information with market context.
Warehouse totaling 84,856 SF located in the Lincolnshire Business Center in Lake County, Illinois.
The property is just minutes away from multiple I-94 interchanges, supporting convenient regional access for business operations. The offering is identified at 595 Schelter Rd, Lincolnshire, IL 60069.
The property is just minutes away from multiple I-94 interchanges, supporting convenient regional access for business operations. The offering is identified at 595 Schelter Rd, Lincolnshire, IL 60069.
Key Highlights
- 84,856 SF warehouse
- Located in the Lincolnshire Business Center
- Lake County, Illinois location
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $549.9k | $6.48 |
| − Vacancy | −$28.0k | −$0.33 |
| EGI | $521.8k | $6.15 |
| − OpEx | −$78.3k | −$0.92 |
| NOI | $443.6k | $5.23 |
84,856 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$6.34M
$5.54M – $7.39M
NOI $443,550 @ 7.0% cap · market cap 6.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$29.30M
$25.63M – $34.18M
NOI $2,050,784 @ 7.0% cap · market cap 30.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60069, IL
8,735
Population
3,846
Households
2.3
Avg Household Size
50
Median Age
72%
College-Educated
97%
High-School Grad
5.9 sq mi
ZIP Area
1,481
Density / Sq Mi
$157,366
Median Household Income
$82,672
Median Earnings
$2,682
Median Rent
$569,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Public Storage — 555 Aptakisic Rd, Buffalo Grove, IL 60089
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- Extra Space Storage — 200 Parkway Dr, Lincolnshire, IL 60069
- Mobile Storage Solutions — 1367 Barclay Blvd, Buffalo Grove, IL 60089
Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse totaling 84,856 SF in the Lincolnshire Business Center, minutes from multiple I-94 interchanges.
Where is this warehouse located?
The property is located at 595 Schelter Rd Lincolnshire, IL.
What is the asking price?
The asking price for this property is $6,750,000.
What are key features of this property?
This property features: 84,856 SF warehouse; Located in the Lincolnshire Business Center; Lake County, Illinois location
