1301 Basswood Rd, Schaumburg, IL 60173
For Sale
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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.
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Gerard Gregory Law Firm
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ACS Recovery Services, Inc. Insurance Agency
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
Similar Nearby for Lease
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.