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    Property profile & analytics
    OFF-MARKET
    Office Spaces

    21 Kristin Dr 22, Schaumburg, IL 60195-3398

    12.64 ac lot Built 1972
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US28-0778180
    Property summary
    AI-generated overview

    The Apartments at XXI, a Class A, 357-unit apartment building in Schaumburg, IL, presents a compelling investment opportunity. Built in 1980 and fully renovated in 2023, this fee-simple property boasts a desirable mix of one, two, and three-bedroom units. Residents enjoy an array of on-site amenities including a resort-style swimming pool, fitness center, library, conference rooms, business center, theater room, tennis court, private balconies, and surface/garage parking. Its convenient location offers easy access to restaurants, shops, and parks within a 15-minute walk, catering to an active lifestyle. Furthermore, its proximity to major Fortune 500 employers in Chicago, including JP Morgan Chase, Walgreens, and Abbott Laboratories, ensures high demand and a strong tenant pool. The affluent neighborhood, with an average income exceeding $133,000 within a five-mile radius, contributes to the property's exceptional investment potential. This prime location, coupled with the extensive recent renovations and desirable amenities, makes The Apartments at XXI an attractive asset in the competitive Chicago-area multifamily market. The property is situated at 21 Kristin Dr, Schaumburg, IL 60195, in Cook County.

    Property profile
    Verified
    Property type Office Spaces
    Use group CONDOMINIUM OFFICES
    Year built 1972
    Lot 12.64 ac (550,598 SF)
    APN 07-10-101-038-1001
    UPID US28-0778180
    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
    • Nelson Technologies Distribution Center Logistics Company
    • Africa Shipping Lines Shipping Company Freight Service
    • ATM Atm
    • 21 Kristin Apartments Apartment Complex Apartment Building
    • Harry’s Spot Nightclub DJ & Entertainment
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    21 Kristin Drive Owner LLC · 3 yrs held
    21 Kristin Drive Owner LLC
    since 2022
    Last sale
    $275,000
    4 recorded transactions
    2022
    2022
    $275,000
    2010
    $100,000
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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