Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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