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    1821 Walden Office Sq Schaumburg, IL 60173

    Sponsored
    For Lease
    $21 SF/Yr

    Prestigious A-Class Office Space in Schaumburg, IL

    Lot size:
    16,018 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Class A, 16,018 square foot office building, located at 1821 Walden Office Square Suite 400, Schaumburg, IL 60173, in Cook County, offers a variety of flexible workspace solutions. The property features 350 suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,520 square feet are vacant. The building boasts a tranquil atmosphere, surrounded by attractive landscaping, including a courtyard and ponds, creating a serene work environment. Large windows provide abundant natural light. Amenities include a convenient kitchen area and proximity to numerous shops, restaurants, and the Woodfield Shopping Mall. Renovated in 2019, the building includes elevators. Available spaces range from private, fully furnished offices for individuals to larger spaces accommodating entire companies, including serviced, custom, disaster recovery, and day offices. A benefits program offers exclusive discounts and procurement support. This property is ideal for businesses seeking a high-quality, flexible, and conveniently located office space in the Schaumburg suburbs.

    Property Features for 1821 Walden Office Sq

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    16,018 SF
    Class
    A
    Total Rate
    28672.22

    Building Details

    Year Renovated
    2019

    Unit(s) available at that property

    Space
    Private office for 1 person
    Size
    538 SF
    Rate per SF
    $37
    Space
    Private office for 5 people
    Size
    807 SF
    Rate per SF
    $31
    Space
    Coworking space
    Size
    328 SF
    Rate per SF
    $21
    Space
    Virtual office
    Size
    54 SF
    Rate per SF
    $259
    Space
    Flexible office membership
    Size
    108 SF
    Rate per SF
    $27

    HighLights

    • Class A, 16,018 square foot office building in Schaumburg, IL.
    • 5,520 square feet currently vacant, with suites ranging from 10 to 1,300 square feet.
    • Building features include elevators, a renovated interior (2019), abundant natural light, and a tranquil courtyard setting.
    • Amenities include a kitchen and proximity to Woodfield Mall, shops, and restaurants.
    • Offers flexible workspace solutions, including private furnished offices, coworking spaces, meeting rooms, and virtual office options.
    Property Profile Location Intelligence

    Current Use by Public Records

    imaging 4 pets Veterinary Care David Ischkum at CrossCountry ... Mortgage Lender James Yeung at CrossCountry ... Mortgage Lender Yuen Law Offices ... Law Firm Trileaf Corporation Engineering Consultant

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0348819
    Latitude
    42.0622082

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    FAQs

    What type of property is this?
    Office space - Prestigious A-Class Office Space in Schaumburg, IL
    Where is this office space located?
    The property is located at 1821 Walden Office Sq Schaumburg, IL.
    What is the lease rate?
    The lease rate is $21-$259 SF/Yr.
    What are key features of this property?
    This property features: Class A, 16,018 square foot office building in Schaumburg, IL.; 5,520 square feet currently vacant, with suites ranging from 10 to 1,300 square feet.; Building features include elevators, a renovated interior (2019), abundant natural light, and a tranquil courtyard setting.
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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

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    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
    1821 Walden Office Sq Schaumburg, IL 60173
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