New search
Property profile & analytics
FOR LEASE
Retail space
50 Commerce Dr, Schaumburg, IL 60173
Individually Owned
11-yr Hold
~
Est. High Equity
Property ID
US28-0942597
For Lease
1 / 4
Contact for pricing
50 Commerce Dr, Schaumburg, IL 60173
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Lot
13.98 ac (608,969 SF)
APN
07-10-202-013
UPID
US28-0942597
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
-
Natus Medical Incorporated Industrial Manufacturer Production Facility
-
Advantage Sales & Marketing Advertising Agency Marketing & Advertising
-
G N Optometrics Physician
-
Audiology Systems Inc Corporate Office Business Park
-
Cassata & Associates Ltd. Advertising Agency Marketing & Advertising
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
Commerce Center Of Schaumburg II · 11 yrs held
Commerce Center Of Schaumburg II
since 2014
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Schaumburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Schaumburg submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$635,882
Tax year 2022
Assessed value
$2,340,893
Assessed 2022
Previous assessed
$2,291,086
+2.2% YoY
Effective rate
27.16%
On assessed value
Assessed land
$1,217,836
Assessed improvement
$1,123,057
Land market value
$4,871,344
Improvement market value
$4,492,228
Total market value
$9,363,572
Applied tax rate
35,011.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1986
Heating
NONE
Stories
1
Lot
13.98 ac (608,969 SF)
APN
07-10-202-013
UPID
US28-0942597
Jurisdiction
COOK
Metro division
CHICAGO-NAPERVILLE-JOLIET, IL METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Stories
1
Lot
13.98 ac
Current owner
From public records · entity-resolved
Commerce Center Of Schaumburg II
Individual
Mailing address
1540 E DUNDEE RD STE #210, PALATINE, IL 60074-8320
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2014
—
Commerce Center Of Schaumburg II
Commerce Center Of Schaumburg LLC
Quit Claim Deed
related
—
Jun 17, 2008
—
Commerce Ctr Of Schaumburg LLC
—
Trustees Deed
related
$7,924,813 · First Midwest Bank
Dec 3, 2004
—
Gmac Coml Mtg Securities INC
Levin,steven
Warranty Deed
related
—
—
—
Commerce Center Of Schaumburg LLC
—
Deed Of Trust
related
$11,460,000 · Privatebank & Trust
—
—
Comtek Partners LP
—
Deed Of Trust
related
$10,000,000 · Deutsche Banc Mortgage Capital
—
—
Commerce Center Of Schaumburg LLC
—
Deed Of Trust
related
$12,160,000 · Privatebank & Trust
—
—
Commerce Center Of Schaumburg
—
Deed Of Trust
related
$11,100,000 · Redwood Com'l Mtg
—
—
Commerce Center Of Schaumburg LLC
—
Deed Of Trust
related
$12,160,000 · Privatebank & Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
