Property profile

1 Commerce Dr Schaumburg, IL 60173

FOR SALE
Retail space
Property ID
US28-2795523
5.64 ac lot Built 1984
Entity Owned 10-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A 20,840-square-foot flex/industrial building located in the Schaumburg Business Park on the hard corner of Roselle Road and Commerce Drive, directly off the four-way I-90 interchange at Roselle Road. The site provides Roselle Road monument and building top signage opportunities and includes an existing mix of office, lab, conference, training, and showroom facilities, with furniture included. The property has an existing generator and is served by telecommunications options including AT&T fiber, AT&T phone lines, and Comcast phone lines. It offers ample parking with the ability to expand parking to approximately 6 spaces per 1,000 square feet and includes institutional-level site and building maintenance. The building configuration can support future loading additions such as a drive-in door or dock doors, with a potential 130-foot truck court area, and the lot and improvements are managed for ready occupancy by an owner-user or for leasing use.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1984
Lot 5.64 ac (245,678 SF)
APN 07-10-203-009
UPID US28-2795523

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Charitable Organization
  • Security Service

Location

1 Commerce Dr Schaumburg, IL 60173
Schaumburg metro Census 804603 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2015
6 recorded transactions
2022
Price N/A
2015
$5.1M
2014
$1.3M
2007
$3.5M
1969
Price N/A
1969
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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