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    1459 Schaumburg Rd Schaumburg, IL 60194

    For Lease
    $21 SF/Yr ($5,456 /Mo)

    Prime Schaumburg retail space, 1,559-3,118 sq ft.

    Lot size:
    3,118 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A retail property, located at 1459 W Schaumburg Rd, Schaumburg, IL 60194, presents a unique leasing opportunity. Built in 2018, this single-story, freestanding building offers a total of 3,118 square feet, divided into two suites. Currently, 1,559 square feet are available for lease, providing a flexible space for a variety of retail uses. The property boasts a highly desirable B-2 zoning classification and benefits from a prime location with direct access to Schaumburg Road, ensuring high visibility and accessibility. The building features large window frontage, maximizing natural light and creating an inviting atmosphere. The property is situated in a thriving commercial area, co-tenanted with Green Joe Coffee, offering synergistic benefits. The minimum divisible space is 1,559 square feet, while the maximum contiguous space available is 3,118 square feet. Annual property taxes are $13 per square foot. This is an exceptional opportunity to establish a presence in a bustling Schaumburg location. Don't miss this chance to secure a prime retail space in a highly sought-after area.

    Property Features for 1459 Schaumburg Rd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,118 SF
    Class
    A
    Total Rate
    5456.5

    Building Details

    Year Built
    2018
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,559 SF
    Rate per SF
    $21

    HighLights

    • 3 miles west of I‑290.
    • 4 miles southwest of I‑90.
    • Excellent Schaumburg Road frontage.
    • Shared access with neighboring properties.
    • Abundant natural light with large window frontage.
    • Locally managed property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Green Joe Coffee Coffee Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.116525481913
    Latitude
    42.025510596076

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    FAQs

    What type of property is this?
    Individual retail property - Prime Schaumburg retail space, 1,559-3,118 sq ft.
    Where is this individual retail property located?
    The property is located at 1459 Schaumburg Rd Schaumburg, IL.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: 3 miles west of I-290.; 4 miles southwest of I-90.; Excellent Schaumburg Road frontage.
    Request Owner's contact information
    1459 Schaumburg Rd Schaumburg, IL 60194
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1459 Schaumburg Rd Schaumburg, IL 60194
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