Schaumburg Office Suite For
800 E Woodfield Road Suite 115 & 116, Schaumburg, IL 60173
For Sale
$679,900
2,600 SF office suite in Courtyards of Woodfield, Schaumburg.
Property Size2,600 SF
Price / SF$261.50
Days on Market223
Property Features for 800 E Woodfield Road Suite 115 & 116
General Information
Standard status
Size
Class
Property subtype
Building Details
Building Size
Year Built
Listing Agency:
SVN | Chicago - Corporate
Listed By:
Lina Adamis
(224) 723-2528
Source:
Svnchicago
Added: Apr 1
Changed: Aug 8
Last Checked: Aug 8 at 6:46AM
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 SVN | Chicago - Corporate
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Investment Insights
Based on property information with market context.
Located in Schaumburg's Courtyards of Woodfield, the property at 800 E Woodfield Road, Suite 115 & 116, offers a 2,600 square-foot office suite. The location provides a strategic position for a business owner looking to establish a professional practice in a well-connected complex. The suite features a welcoming open reception area and five office or medical rooms, providing space tailored to the specific needs of the owner and their clientele. The property is immediately accessible from I-290 and IL-53 and offers convenient access to I-90. It is located 14 miles from O'Hare International Airport and 25 miles from the City of Chicago. Multiple Pace Bus routes operate along Golf Road and the Woodfield Mall area, providing easy access to Woodfield Mall and a variety of dining, shopping, and entertainment.
Key Highlights
- Prime location in Schaumburg's Courtyards of Woodfield.
- Convenient access to major highways (I‑90, I‑290, Highway 53).
- 2,600 square‑foot office suite with a welcoming open reception area.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,066
Cap Rate
5.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,320
$741.3K
Cap Rate 7%
$529,514
$529.5K
Cap Rate 9%
$411,844
$411.8K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$68.6K $26.40/SF
− Vacancy
−$19.2K −$7.39/SF
EGI
$49.4K $19.01/SF
− OpEx
−$12.4K −$4.75/SF
NOI
$37.1K $14.26/SF
Area
Cook County, IL
Vacancy
28.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$741,320
Cap Rate 7%
$529,514
Cap Rate 9%
$411,844
Alternative Uses
Best Use
Office B
$529.5K
$463.3K – $617.8K
NOI $37,066 @ 7.0% cap · market cap 5.45%
Second Best
Healthcare Medical
$492.1K
$430.6K – $574.1K
NOI $34,445 @ 7.0% cap · market cap 5.07%
Theoretical Best
Office A
$998.4K
$873.6K – $1.16M
NOI $69,888 @ 7.0% cap · market cap 10.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,304
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 60173, IL
13,764
Population
6,901
Households
2
Avg Household Size
35
Median Age
67%
College-Educated
97%
High-School Grad
6.4 sq mi
ZIP Area
2,151
Density / Sq Mi
$99,975
Median Household Income
$68,305
Median Earnings
$1,786
Median Rent
$311,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Cook County, IL
Properties on Market for Medical Office Space in Cook County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Medical Office Space - 2,600 SF office suite in Courtyards of Woodfield, Schaumburg.
Where is this medical office space located?
The property is located at 800 E Woodfield Road Suite 115 & 116 Schaumburg, IL.
What is the asking price?
The asking price for this property is $679,900.
What are key features of this property?
This property features: Prime location in Schaumburg's Courtyards of Woodfield.; Convenient access to major highways (I‑90, I‑290, Highway 53).; 2,600 square‑foot office suite with a welcoming open reception area.
