1321 Tower Rd Schaumburg, IL 60173-4384
Property profile & analytics
1321 Tower Rd Schaumburg, IL 60173-4384
- Retail space
Property ID
US28-4165163
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.
Location Intelligence
Current Use by 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
Property Details for 1321 Tower Rd
- Property type
- Retail space
- APN
- 07-12-300-040
- APU
- 712300040
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Schaumburg
- County
- Cook
- State
- Illinois
- Longitude
- -88.0464
- Latitude
- 42.0562
- 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
$66,723
$65,505
$180,123
$245,628
-
$262,020
$720,492
$982,512
