1116 Morse Ave, Schaumburg, IL 60193-4506
This single-tenant industrial warehouse, totaling 4,050 square feet, is situated on a 15,936 square foot lot in Schaumburg, Illinois. Built in 1974, the one-story building boasts a 12-foot ceiling height, one loading dock, and two drive-in doors. Power is supplied by a 200-amp, three-phase electrical system. The property is zoned for industrial use and features a rare fenced yard, providing valuable additional storage space. Its prime location in the Northwest Cook Submarket offers easy access to major transportation arteries, including I-390, Route 53, I-355, and Irving Park Road, making it ideal for businesses needing efficient distribution and transportation throughout the western and northwestern suburbs. The Cook County property (APN: 07331020440000) is perfect for various businesses, including light industrial operations, fleet service companies, contractor services, and small transportation groups. This is a unique opportunity to acquire a well-located, functional industrial space with the added benefit of secure, fenced-in outdoor area.
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ValueDry Basement Waterproofing Construction Company General Contractor
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Solar Mite Illinois Solar Energy Company
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PlugPV Illinois Warehouse & Storage
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.