Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1300 Plum Grv Rd Schaumburg, IL 60173-4546

    • Industrial properties
    • 4.60 lot acres
    OFF-MARKET
    Value Estimations
    $220,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US28-0181452
    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

    • C.A. Carlin / Food Broker / Consultant

    Property Details for 1300 Plum Grv Rd

    Year built
    1988
    Lot size
    4.60 lot acres
    Property type
    Industrial properties
    APN
    07-11-301-030
    APU
    711301030

    Description

    This exceptional 72,461-square-foot industrial flex property, located at 1300 N Plum Grove Rd in Schaumburg, IL, presents a compelling value-add investment opportunity. Built in 1988, this single-story Class B building sits on a 4.6-acre lot and boasts a 100% occupancy rate, offering immediate cash flow. The property features 18-foot ceiling heights, three loading docks, and eight dock-high doors, catering to diverse operational needs. Its strategic location in the thriving Village of Schaumburg, Cook County, provides unparalleled access to major transportation arteries, including Interstate-90 and Interstate-290, and is conveniently situated near Woodfield Mall and O'Hare International Airport (14 miles). The property is zoned for Planned Manufacturing, offering flexibility for various industrial and flex uses. The building's current lease structure provides a weighted average lease term of 5.6 years, ensuring long-term stability. This prime suburban location, combined with the property's strong occupancy and value-add potential, makes it an attractive investment prospect. The APN is 07-11-301-030-0000 and the zip code is 60173.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $220,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Schaumburg
    County
    Cook
    State
    Illinois
    Longitude
    -88.0607
    Latitude
    42.054
    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
    $286,942
    $400,664
    $655,665
    $1,056,329
    -
    $1,602,656
    $2,622,660
    $4,225,316

    Comparable in this City

    • Value Estimation
      $330,000
      0.66 Acres

      840 Remington Rd

      INDUSTRIAL (GENERAL) • 0.66 Acres
      840 Remington Rd, Schaumburg, IL 60173-4523
      View Details
    • Value Estimation
      $260,000
      6.73 Acres

      400 State Pkwy, Unit 444

      INDUSTRIAL (GENERAL) • 6.73 Acres
      400 State Pkwy, Schaumburg, IL 60173-5623
      View Details
    • Value Estimation
      $225,000
      0.77 Acres

      905 American Ln

      INDUSTRIAL (GENERAL) • 0.77 Acres
      905 American Ln, Schaumburg, IL 60173
      View Details
    • Value Estimation
      $340,000
      2.32 Acres

      1100 Remington Rd

      INDUSTRIAL (GENERAL) • 2.32 Acres
      1100 Remington Rd, Schaumburg, IL 60173-4810
      View Details
    • Value Estimation
      $295,000
      11.90 Acres

      333 State Pkwy

      INDUSTRIAL (GENERAL) • 11.90 Acres
      333 State Pkwy, Schaumburg, IL 60173-5337
      View Details
    • Value Estimation
      $295,000
      1.78 Acres

      185 Commerce Dr

      INDUSTRIAL (GENERAL) • 1.78 Acres
      185 Commerce Dr, Schaumburg, IL 60173-5311
      View Details

    Similar Nearby for Sale

    • $1,750,000
      20,000 SF

      Schaumburg Industrial Building For Sale

      20,000 SF industrial building with drive-thru capabilities.
      2121-2125 Hammond Dr, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      29,120 SF

      Schaumburg Warehouse with I-90 Access

      29,120 SF warehouse with immediate I-90 access.
      1670 Basswood Rd, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      42,564 SF

      Schaumburg Warehouse/Flex Space Sublease

      3,136 SF fully furnished warehouse/flex space available for sublease.
      1300 Remington Rd, Schaumburg, IL 60173
      View Details
    • $275,000
      960 SF

      Schaumburg Office Condo - Great Location

      Spacious office suite, ideal for various uses.
      800 Woodfield Rd, Schaumburg, IL 60173
      View Details
    • $14,500,000

      Schaumburg Redevelopment Site For Sale

      12.64 acre redevelopment site with income potential in Schaumburg.
      760 E Algonquin Rd, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      8,750 SF

      Turnkey Restaurant and Banquet Facility

      Turnkey restaurant and banquet facility near Woodfield with massive patio.
      680 Mall Dr, Schaumburg, IL 60173
      View Details

    Similar Nearby for Lease

    • $12 SF/Yr
      9,920 SF

      Schaumburg Flex / Industrial Space

      Flex/light industrial building with visibility and easy access.
      1201 Wiley Rd, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      105,007 SF

      Willow Lake Tech Center: Schaumburg

      Prime Schaumburg Flex Space Available
      444 State Pkwy, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      9,393 SF

      Schaumburg Warehouse with Office Space

      9,393 SF warehouse with office near I-90 interchange.
      1026-1100 National Pkwy, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      76,282 SF

      Schaumburg Industrial Space For Lease

      76,282 SF industrial space with cranes and ample parking.
      415 State Pkwy, Schaumburg, IL 60173
      View Details
    • $12 SF/Yr
      26,121 SF

      Woodfield Lake Business Campus

      Schaumburg IL Office/Warehouse
      895 American Ln, Schaumburg, IL 60173
      View Details
    • Contact for pricing
      3,355 SF

      National Parkway Flex/Industrial Space

      Flex/industrial space available for lease near I-90 and Woodfield Mall.
      1030 National Pkwy, Schaumburg, IL 60173
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1300 Plum Grv Rd
    Schaumburg, IL 60173-4546
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.