Property profile

2121-2125 Hammond Dr Schaumburg, IL 60173

OFF-MARKET
Warehouses
20,000 SF 1.07 ac lot Built 1978
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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

Location

2121-2125 Hammond Dr Schaumburg, IL 60173
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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