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    1320 Tower Rd Schaumburg, IL 60173

    Sponsored
    For Lease
    $53 SF/Yr

    Modern Schaumburg office space, flexible sizes.

    Lot size:
    16,219 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    AmeriCenter of Schaumburg offers a diverse range of office solutions in a prime Schaumburg, Illinois location. This single-story, 16,219 square foot Class B building, renovated in 2023, boasts 57 suites, with available spaces ranging from 144 to 500 contiguous square feet. The property features a convenient location, just minutes from major highways (Route 53, I-90, and I-290), providing easy access to O'Hare International Airport (15 minutes) and downtown Chicago (25 minutes). The building offers ample parking with 68 spaces. While there are no elevators, the single-story design ensures easy accessibility. The building's 9-foot ceilings create a spacious feel. Currently, 500 square feet of space is vacant. Schaumburg's thriving business environment, coupled with its robust retail and entertainment options, makes this an ideal location for businesses of all sizes. The property is perfect for businesses seeking executive office space, coworking arrangements, or traditional office setups. Taxes are not included in the lease. This is a multi-tenant building. Built in 1989, this property offers a blend of established infrastructure and recent renovations.

    Property Features for 1320 Tower Rd

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,219 SF
    Class
    B
    Total Rate
    72661.12

    Building Details

    Year Built/Renovated
    1989/2023
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Deluxe Office - Suite 157
    Size
    144 SF
    Rate per SF
    $53
    Space
    Premier Office - Suite 169
    Size
    144 SF
    Rate per SF
    $70

    HighLights

    • Flexible lease terms: month‑to‑month (60‑day notice), 6‑month, or 12‑month options.
    • Abundant natural light: each office features a full wall of windows.
    • High‑speed internet: wired connections in each office plus building‑wide Wi‑Fi.
    • Professional on‑site staff: reception and management services available.
    • Secure building: 24/7 access with a security system and private, locked offices.
    • Ample free parking: single‑story building with extensive on‑site parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Young Shin USA ... Manufacturer Axxis Tool Manufacturer InfoPlanIT, LLC Software Company Captivix - Digital Transformation ... Software Company 10K Analytics Software Company

    Suggested Use

    Realty agency Restaurant Building Supply Dental Office Spa & Massage Law Firm Hair Salon Auto Repair Shop Wholesale Shop Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0466756
    Latitude
    42.0571024

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    FAQs

    What type of property is this?
    Coworking space - Modern Schaumburg office space, flexible sizes.
    Where is this coworking space located?
    The property is located at 1320 Tower Rd Schaumburg, IL.
    What is the lease rate?
    The lease rate is $53-$70 SF/Yr.
    What are key features of this property?
    This property features: Flexible lease terms: month-to-month (60-day notice), 6-month, or 12-month options.; Abundant natural light: each office features a full wall of windows.; High-speed internet: wired connections in each office plus building-wide Wi-Fi.
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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
    1320 Tower Rd Schaumburg, IL 60173
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