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    1301 Basswood Rd Schaumburg, IL 60173

    Sponsored
    For Sale
    Contact for pricing

    Prime Schaumburg Office Building, 54,400 SF

    Property size:
    54,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional four-story office building, located at 1301 Basswood Rd, Schaumburg, IL 60173, presents a compelling investment opportunity. Boasting 54,400 square feet of leasable space, this property offers over 13,000 square feet per floor, making it ideal for a variety of uses. The building features two passenger elevators for convenient access to all levels. Ample parking is provided with 188 spaces available on-site. Situated on a 2.11-acre lot in a densely populated area of Schaumburg, this location offers unparalleled convenience. Its proximity to major roadways, including I-90 and Roselle Road, ensures easy commuting for employees and clients. Furthermore, the property benefits from its close proximity to numerous shopping centers, including Woodfield Mall, Hoffman Plaza, Golfwood Square, Shops at Copley Center, and Woodfield Plaza, providing a vibrant and convenient environment. This well-maintained building is ready for immediate occupancy and presents a strong potential for future growth and profitability. Contact for pricing details.

    Property Features for 1301 Basswood Rd

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    54,400 SF
    Lot Size
    91,912 SF

    Building Details

    Stories
    4

    HighLights

    • Four‑story office building with over 13,000 square feet per floor, totaling 54,400 square feet of leasable space.
    • Two passenger elevators.
    • 188 on‑site parking spaces.
    • Excellent location, minutes from I‑90 and Roselle Road.
    • Close proximity to major shopping centers including Woodfield Mall.
    • Price available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gerard Gregory Attorney ACS Recovery Services, ... Insurance Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0643006
    Latitude
    42.0536889

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Schaumburg Office Building, 54,400 SF
    Where is this office property / space located?
    The property is located at 1301 Basswood Rd Schaumburg, IL.
    What are key features of this property?
    This property features: Four-story office building with over 13,000 square feet per floor, totaling 54,400 square feet of leasable space.; Two passenger elevators.; 188 on-site parking spaces.
    Request Owner's contact information
    1301 Basswood Rd Schaumburg, IL 60173
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    Schaumburg, IL 60173
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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
    1301 Basswood Rd Schaumburg, IL 60173
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