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    1051 Perimeter Dr Schaumburg, IL 60173

    For Lease
    $20 SF/Yr

    Executive & Traditional Office Suites, Northwest Suburbs

    Lot size:
    201,188 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    1051 Perimeter Drive in Schaumburg, IL offers 43,327 square feet of immediately available office space within a single, eleven-story building totaling 201,188 square feet. This prime location in the Northwest suburbs provides exceptional accessibility to Illinois Route 53/I-290 and I-90 expressways. Suites range from 1,636 to 9,977 contiguous square feet, with a minimum divisible space of 1,636 square feet, catering to various business needs. The building boasts convenient amenities including ample covered and outdoor parking (600 spaces total), on-site engineering support, a management team, a fitness center, a tenant vending lounge, and conference/training facilities. Its strategic location directly across from Woodfield Mall provides employees with easy access to a wide array of restaurants, banks, and shopping options. The building features 8'7" ceilings and offers high visibility. Multiple tenancy options are available.

    Property Features for 1051 Perimeter Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    201,188 SF
    Total Rate
    335313.33

    Building Details

    Buildings
    1
    Stories
    11

    Unit(s) available at that property

    Space
    Suite 500
    Size
    9,708 SF
    Rate per SF
    $20
    Space
    Suite 730
    Size
    2,030 SF
    Rate per SF
    $20
    Space
    Suite 1000
    Size
    9,977 SF
    Rate per SF
    $20
    Space
    Suite 670
    Size
    2,457 SF
    Rate per SF
    $20
    Space
    Suite 350
    Size
    6,038 SF
    Rate per SF
    $20
    Space
    Suite 1170
    Size
    3,269 SF
    Rate per SF
    $20
    Space
    Suite 1025
    Size
    4,851 SF
    Rate per SF
    $20

    HighLights

    • Office building totaling 201,188 square feet.
    • Eleven‑story building with lower level storage.
    • +/- 18,000 square foot floor plates.
    • 8'7" typical ceiling height; 11'2" slab‑to‑slab height.
    • 244 garage parking spaces and 356 surface parking spaces.
    • AT&T and Comcast telecommunications and data services available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cembre Inc Industrial Equipment Supplier Megami Ink Manufacturing ... Manufacturer Paramount Material Handling Material Handling Equipment Supplier Nissha USA Inc Plastic Injection Molding Service Fairway Independent Mortgage ... Mortgage Lender

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0404352
    Latitude
    42.0446575

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    FAQs

    What type of property is this?
    Office Property Space - Executive & Traditional Office Suites, Northwest Suburbs
    Where is this office property space located?
    The property is located at 1051 Perimeter Dr Schaumburg, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: Office building totaling 201,188 square feet.; Eleven-story building with lower level storage.; +/- 18,000 square foot floor plates.
    Request Owner's contact information
    1051 Perimeter Dr 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
    1051 Perimeter Dr Schaumburg, IL 60173
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