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    Schaumburg, IL Multifamily Properties for Sale

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    Hoffman Estates, IL Roselle, IL Elk Grove Village, IL
    Schaumburg Redevelopment Site For Sale
    Updated: Feb 22, 2019
    Schaumburg Redevelopment Site For Sale

    846-860 E Algonquin Rd, Schaumburg, IL 60173

    $14,000,000
    156,963 sqft · 12.64 AC lot
    12.64 acre redevelopment site zoned for 400 units, ideal for multi‑family or townhome development.
    High‑potential location in Schaumburg, near Motorola and Zurich office campuses, and the Meacham/I‑90 interchange.
    Flexible zoning allows for redevelopment as retail, restaurant, or office space.
    Currently improved with four office buildings totaling 156,693 square feet.
    Generates approximately $708,000 of gross income from short‑term leases.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 1 Active listings in Schaumburg, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 15 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Apartment Building with Balconies
    Multifamily Apartment Building with Balconies

    1875 N Green Lane N, Palatine, IL 60074

    $999,000
    0.06 AC lot

    Spacious 2- and 1-bath units with balconies, with association-managed site services and plenty of parking.

    View details
    24-Unit Multifamily Property For Sale
    24-Unit Multifamily Property For Sale

    2460 Leslie Ln, Hanover Park, IL 60133

    $3,200,000

    Well-maintained 24-unit multifamily property in Hanover Park, Illinois.

    View details
    Palatine Condo Deconversion Opportunity
    Palatine Condo Deconversion Opportunity

    140 W Wood St, Palatine, IL 60067

    $20,000,000
    112,000 sqft

    132-unit condo deconversion opportunity in downtown Palatine, Illinois.

    View details
    Hanover Park Multifamily Investment Opportunity
    Hanover Park Multifamily Investment Opportunity

    2460 Leslie Ln, Hanover Park, IL 60133

    $3,200,000

    24-unit multifamily property in Hanover Park, Illinois for sale.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details
    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details
    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details
    Recreational Land Bordering National Forest
    Recreational Land Bordering National Forest

    V/L E Kissing Oaks Trail, Custer, MI 49405

    $39,900
    0.96 AC lot

    RV recreational lot bordering Manistee National Forest.

    View details

    Off-Market Properties in Schaumburg, IL

    Consider similar Off-Market properties in Schaumburg, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1007 Plum Grv Rd
    APARTMENT HOUSE (5+ UNITS)

    1007 Plum Grv Rd, Schaumburg, IL 60193

    $35,010,000
    Estimated value
    15.19 AC lot
    View details
    1900 Windsong Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1900 Windsong Dr, Schaumburg, IL 60194-4425

    $41,280,000
    Estimated value
    8.14 AC lot
    View details
    1900 Windsong Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1900 Windsong Dr, Schaumburg, IL 60194-4425

    $41,280,000
    Estimated value
    5.70 AC lot
    View details
    1421 Carolina Ct
    GARDEN APT, COURT APT (5+ UNITS)

    1421 Carolina Ct, Schaumburg, IL 60193-3591

    Value Estimation by Request
    12.47 AC lot
    View details
    1421 Carolina Ct
    GARDEN APT, COURT APT (5+ UNITS)

    1421 Carolina Ct, Schaumburg, IL 60193-3591

    $560,000
    Estimated value
    11.12 AC lot
    View details
    800 Roselle Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    800 Roselle Rd, Schaumburg, IL 60193-3965

    $1,285,000
    Estimated value
    8,060 sqft · 1.77 AC lot
    View details
    1 Lincoln Mdws Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1 Lincoln Mdws Dr, Schaumburg, IL 60173

    Value Estimation by Request
    13.69 AC lot
    View details
    1301 Lincoln Mdws Dr
    GARDEN APT, COURT APT (5+ UNITS)

    1301 Lincoln Mdws Dr, Schaumburg, IL 60173

    $575,000
    Estimated value
    16.13 AC lot
    View details
    880 Hadley Run Ln
    GARDEN APT, COURT APT (5+ UNITS)

    880 Hadley Run Ln, Schaumburg, IL 60173-2112

    $540,000
    Estimated value
    12.51 AC lot
    View details
    112 Niagara Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    112 Niagara Ave, Schaumburg, IL 60193-4635

    Value Estimation by Request
    1,725 sqft · 0.46 AC lot
    View details
    330 Golf Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    330 Golf Rd, Schaumburg, IL 60195-3608

    $2,155,000
    Estimated value
    11,962 sqft · 2.42 AC lot
    View details
    1532 Roselle Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1532 Roselle Rd, Schaumburg, IL 60193-4913

    Value Estimation by Request
    2,314 sqft · 0.14 AC lot
    View details
    846-860 Algonquin Rd
    Restaurants

    846-860 Algonquin Rd, Schaumburg, IL 60173

    Value Estimation by Request
    156,963 sqft · 12.64 AC lot
    View details
    2384 Good Speed Ln
    Multifamily properties

    2384 Good Speed Ln, Schaumburg, IL 60194

    Value Estimation by Request
    11,800 sqft
    View details
    1532 Roselle Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    1532 Roselle Rd, Schaumburg, IL 60193-4913

    Value Estimation by Request
    2,314 sqft · 0.14 AC lot
    View details

    Schaumburg, IL Multifamily Properties Market Trends and Statistics

    Explore 16 multifamily properties for sale in Schaumburg, IL on our real estate platform. These investment opportunities span a total of 156,963 square feet of properties for sale, with an estimated market value of $14,000,000.

    Sale prices for multifamily properties in Schaumburg, IL start at $14,000,000, averaging $14,000,000, and reaching up to $14,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2

    Demographics Overview

    Population 78K
    Population Growth (5Y) +0.5%
    Median Household Income $94,892
    College Educated 38.5%

    High-Yield Neighborhoods for Investment

    Identify Schaumburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60173 $14M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Schaumburg fall within the 100,000+ square foot range.

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