Property profile

907-909 Lunt Ave Schaumburg, IL 60193

OFF-MARKET
Warehouses
10,000 SF 0.68 ac lot
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Property summary

AI-generated overview

This ±10,000 square foot industrial warehouse, located at 907-909 Lunt Avenue in Schaumburg, Illinois, presents a compelling investment opportunity. The single-story, ±10,000 square foot building sits on a 0.68-acre lot and boasts a 14-foot ceiling height, ideal for various industrial uses. The property features two exterior loading docks, providing efficient access for loading and unloading. The building is well-maintained and presents a high-image profile. Recently renovated offices add to its appeal, comprising approximately 2,500 square feet. A significant advantage is the existing 6B tax abatement, offering substantial financial benefits. The property includes new LED lighting and heavy power (400 Amps), enhancing operational efficiency. Its strategic location offers immediate access to I-390 via Wright Boulevard, ensuring convenient transportation links. Ample parking is available, accommodating approximately 12 vehicles. The property is zoned M-2 (note discrepancy between listing and provided marketing materials). The building's construction is masonry, and it features gas heating. High-end cabinetry equipment is available separately. This property is an excellent choice for businesses seeking a well-equipped, strategically located warehouse in the thriving Schaumburg market.

Property profile

Verified
Property type Warehouses
Total area 10,000 SF
Lot 0.68 ac (29,621 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

907-909 Lunt Ave Schaumburg, IL 60193
Schaumburg metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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