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    OFF-MARKET
    Office buildings

    10 Martingale Rd, Schaumburg, IL 60173-2099

    7.36 ac lot Built 1999
    Entity Owned 9-yr Hold ~ Est. High Equity
    Property ID
    US28-5585113
    Property summary
    AI-generated overview

    This Class A, 36,215 square foot office building, renovated in 2019, offers a diverse range of workspace solutions in the desirable Woodfield Preserve location. The property boasts 350 suites, with a current vacancy of 5,970 square feet, and features flexible options to accommodate businesses of all sizes. Spaces range from private, fully furnished offices for individuals or large teams, customizable office spaces, disaster recovery spaces, and convenient day offices. Coworking spaces are available, designed to foster collaboration, with dedicated desks and hot-desking options. The building also includes modern meeting rooms equipped with the latest technology and catering capabilities. For businesses seeking a virtual presence, virtual office options are available, complete with mail forwarding and call answering services. Enjoy ample natural light from large windows, an on-site kitchen and coffee bar, and convenient access to the Ned Brown Forest Preserve and Woodfield Shopping Mall. Minimum leasable space starts at 10 square feet, with a maximum contiguous space of 1,300 square feet. The building includes elevators for easy access to all floors. Membership plans provide flexible access to various workspace options, including office, coworking, and lounge areas. This property offers a unique blend of professional workspaces and convenient amenities, making it an ideal location for businesses seeking a thriving and productive environment.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1999
    Lot 7.36 ac (320,602 SF)
    APN 07-24-401-003
    UPID US28-5585113
    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
    Current use
    Occupant on record · Public records
    • Advanced Manufacturing Solutions Industrial Manufacturer Production Facility
    • Ilse Bustamante, Worth Clark Realty Real Estate Agency
    • Merrill Lynch Financial Advisor Robert S Churchill Financial Advisor
    • Merrill Lynch Financial Advisor David A Vucovich Financial Advisor
    • DataQuest Consulting (Bike/Boat/Book/etc) Store Corporate Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Woodfield Preserve LLC · 9 yrs held
    Woodfield Preserve LLC
    since 2016
    7 recorded transactions
    2019
    2016
    2011
    2011
    2008
    2007
    $30.3M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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