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    FOR LEASE
    Office buildings

    1500 Mcconnor Pkwy, Schaumburg, IL 60173

    10.26 ac lot Built 1999
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US28-1917117
    Property summary
    AI-generated overview

    This Class A, seven-story office building in Schaumburg, IL, offers 196,401 square feet of flexible space, perfect for various business needs. The property, built in 1999 and renovated in 2018, features 8 suites ranging from 250 to 141,463 contiguous square feet, with 98,378 square feet currently vacant. Amenities include 907 parking spaces, high-speed internet access (4000 amp and 2000 amp power), elevators, and a 9-foot ceiling height. Located at 1500 McConnor Pkwy, Schaumburg, IL 60173 (APN: 07-12-400-053-0000), this property boasts convenient access to I-90/I-290 and is near numerous retail and restaurant options. The building offers a variety of spaces, including traditional offices, executive suites, coworking areas, and medical offices, catering to diverse business types. On-site amenities include a private gym with locker rooms and showers, lounge areas, a cafe, a courtyard, presentation rooms, training rooms with A/V equipment, and multiple conference rooms. The building's location in the thriving Schaumburg submarket, close to O'Hare International Airport and the Chicago Loop, provides excellent accessibility and visibility. This property is ideal for businesses seeking a modern, well-equipped, and conveniently located office space in a dynamic business environment.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1999
    Lot 10.26 ac (446,926 SF)
    APN 07-12-400-052
    UPID US28-1917117
    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
    • DQS Inc. Business Management Consultant
    • BRAVEHEART by IndusPAD Business Service Center Corporate Office
    • Notable Events Food Market Restaurant
    • wedoIT Managed IT Services Tech Support Center IT Consulting Firm
    • Windy Point Property Management Company
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.16M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $8.06M
    Owner & transaction history
    Induspad Braveheart I LLC · 3 yrs held
    Induspad Braveheart I LLC
    since 2023
    Last sale
    $8.0M
    5 recorded transactions
    2023
    $8.0M
    2023
    2018
    2002
    $275,500
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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