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    Warehouses

    2121-2125 Hammond Dr, Schaumburg, IL 60173

    20,000 SF 1.07 ac lot Built 1978
    Property ID
    Property summary
    AI-generated overview

    This exceptional 20,000-square-foot warehouse, situated on a 1.07-acre lot in Schaumburg, Illinois, presents a compelling investment opportunity. Located at 2121-2125 Hammond Drive, 60173, this industrial property boasts a strategic location with convenient access to major highways, including I-90, I-290, I-355, and Route 53, placing it less than 15 minutes from O'Hare International Airport. Built in 1978 and zoned M1, the warehouse features a 14-foot ceiling height, one loading dock, and six dock-high doors, facilitating efficient loading and unloading. The building offers drive-thru capabilities and the potential for division into multiple units (10,000, 5,000, and 5,000 square feet), providing flexibility for various business needs. Separate meters are in place for utility management. Currently, a three-year lease is in effect. The property also includes approximately 2,500 square feet of office space. The asking price is $1,750,000, translating to $87.50 per square foot. This property offers a rare combination of size, location, and functionality, making it an ideal investment for discerning buyers.

    Property profile
    Verified
    Property type Warehouses
    Year built 1978
    Total area 20,000 SF
    Lot 1.07 ac (46,609 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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