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Property profile & analytics

1500 Mcconnor Pkwy Schaumburg, IL 60173

  • Office buildings
  • 10.26 lot acres
For Lease
Last Sale
Jan 26, 2023
$8,000,000
Value Estimations
$8,560,000
Cap Rate Potential
Location Intelligence
Property ID
US28-1917117
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • DQS Inc. / Business Management Consultant
  • BRAVEHEART by IndusPAD / Business Center
  • Notable Events / Deli
  • wedoIT Managed IT Services / Computer Support And Services / Computer Networking Service
  • Windy Point / Property Management Company

Property Details for 1500 Mcconnor Pkwy

Year built
1999
Lot size
10.26 lot acres
Property type
Office buildings
APN
07-12-400-052
APU
712400052

Description

This Class A, seven-story office building in Schaumburg, IL, offers 196,401 square feet of flexible space, perfect for various business needs. The property, built in 1999 and renovated in 2018, features 8 suites ranging from 250 to 141,463 contiguous square feet, with 98,378 square feet currently vacant. Amenities include 907 parking spaces, high-speed internet access (4000 amp and 2000 amp power), elevators, and a 9-foot ceiling height. Located at 1500 McConnor Pkwy, Schaumburg, IL 60173 (APN: 07-12-400-053-0000), this property boasts convenient access to I-90/I-290 and is near numerous retail and restaurant options. The building offers a variety of spaces, including traditional offices, executive suites, coworking areas, and medical offices, catering to diverse business types. On-site amenities include a private gym with locker rooms and showers, lounge areas, a cafe, a courtyard, presentation rooms, training rooms with A/V equipment, and multiple conference rooms. The building's location in the thriving Schaumburg submarket, close to O'Hare International Airport and the Chicago Loop, provides excellent accessibility and visibility. This property is ideal for businesses seeking a modern, well-equipped, and conveniently located office space in a dynamic business environment.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $8,560,000
    ML approach
    $8,160,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Schaumburg
County
Cook
State
Illinois
Longitude
-88.0433
Latitude
42.058
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$645,251
$1,564,458
$810,922
$2,375,380
-
$6,257,832
$3,243,688
$9,501,520
More about this property
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