Property summary
This exceptional 38,000-square-foot industrial manufacturing facility is situated on a 2.75-acre lot in Schaumburg, Illinois, and is offered at $3,499,000. The property features a two-story building with approximately 6,000 square feet of finished office space on the second floor and an additional 1,000 square feet on the first floor. The warehouse comprises roughly 31,000 square feet with clear ceiling heights ranging from 17.6 feet to 21.7 feet. The building boasts overhead cranes, ample power, and a comprehensive sprinkler system. Loading capabilities include two dock-high doors and three drive-in doors (two 12' x 10' and one 14' x 10'). The exterior is masonry block with a brick facade, sitting on a concrete slab. A new roof installed several years ago carries a 20-year warranty. The office area benefits from gas-fired forced air and central air conditioning/heating. While warehouse AC is available, it's currently not connected. Six new furnaces were recently replaced. An extensive air filtration system is in place. The property includes a paved parking lot with capacity for approximately 100 vehicles and excellent lighting. Its convenient location offers easy highway access. A significant expansion opportunity exists, with potential for an additional 10,000-square-foot building. The property is zoned Industrial M-1 and has an APN of 07-33-202-083-0000, 07-33-202-068-0000. The annual property tax is $136,391.64.
Property profile
VerifiedCap rate & NOI
Current use
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General Contractor Renovation Specialist
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Factory Production Facility
Value estimations
Owner & transaction history
Comparables
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Property description
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