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    Property profile & analytics
    OFF-MARKET
    Retail space

    1321 Tower Rd, Schaumburg, IL 60173-4384

    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US28-4165163
    Property summary
    AI-generated overview

    This exceptional 5,890-square-foot medical office building in Schaumburg offers a unique leasing opportunity. The space, previously occupied by a liposuction clinic, boasts a complete medical build-out, including five exam rooms with plumbing, a lab area, reception area, private offices, and a kitchen. The property features many recent upgrades and is conveniently located at the southwest corner of Tower Road and Meacham Road, placing it near Woodfield Mall and major transportation arteries like Route 53 and I-90. Tenants enjoy the benefits of tenant-controlled HVAC, 24-hour access, and readily available Comcast high-speed internet and cable. Ample onsite parking is available via an access agreement. The building offers prominent monument signage and additional tenant signage opportunities. The B-2 zoning allows for a variety of uses, including medical practices, personal training studios, general office spaces, showrooms, and medical spas. The entire 5,890 square feet is currently vacant and available for lease. A significant rent reduction has been implemented, with modified gross rent now priced at $18-$20 per square foot. This presents a compelling opportunity for businesses seeking a well-appointed, high-visibility location in a thriving commercial district.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    APN 07-12-300-040
    UPID US28-4165163
    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
    • balloonsinuplastychicago.com Medical Clinic
    • Chicago Neo Graft Skin Care Clinic
    • Chicago - Stop Snoring : Snore Cures Spa & Massage Center Alternative Medicine Practice
    • WaterLipoChicago.com Medical Clinic Hospital
    • Chicago Liposuction Physician Medical Clinic
    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
    Zssm Schaumburg LLC · 1 yrs held
    Zssm Schaumburg LLC
    since 2025
    7 recorded transactions
    2025
    $787,500
    2023
    2022
    $2.4M
    2012
    $862,000
    2011
    $1.1M
    2011
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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