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Property profile & analytics

1301 Basswood Rd Schaumburg, IL 60173

  • Office buildings
  • 54,400 SF
  • 2.10 lot acres
For Sale
Last Sale
Jan 31, 2022
$1,145,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US28-0028454
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

  • Gerard Gregory / Law Firm
  • ACS Recovery Services, Inc. / Insurance Agency

Property Details for 1301 Basswood Rd

Year built
1986
Lot size
2.10 lot acres
Property size
54,400 SF
Property type
Office buildings
APN
07-11-301-002
APU
711301002

Description

Basswood Executive Plaza, located at 1301 Basswood Rd, Schaumburg, IL 60173 (cross streets: Golf Rd & Basswood Dr), offers a unique opportunity for businesses seeking flexible and modern office space in Cook County. This four-story, 55,331 square foot building, constructed in 1980, is undergoing a complete refurbishment to achieve Class A status. Currently, there are multiple spaces available, ranging from a minimum of 13,314 square feet to a maximum contiguous space of 13,821 square feet. A total of 54,494 square feet is currently vacant, providing ample opportunity for a variety of tenants. The building's versatile design caters to diverse business needs, accommodating traditional office layouts, executive suites, coworking spaces, medical offices, and creative office environments. Its convenient location makes it ideal for a range of professional businesses, including medical practices, corporate offices, IT hubs, and legal firms. This property presents a rare chance to secure high-quality office space in a prime Schaumburg location, with the added benefit of upcoming renovations to enhance its already attractive features.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,235,000

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


Location Insight

  • Map
  • Local Demand
City
Schaumburg
County
Cook
State
Illinois
Longitude
-88.0643
Latitude
42.0539
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
$77,757
$228,992
$57,258
$286,250
-
$915,968
$229,032
$1,145,000
More about this property
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