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Property profile & analytics
OFF-MARKET Estimated value $3,950,000
Office Spaces

955 American Ln Schaumburg, IL 60173-4983

Individually Owned 9-yr Hold ~ Est. High Equity
Property ID
US28-2801673
Property summary
AI-generated overview

This exceptional Class A office building, located at 955 American Ln, Schaumburg, IL 60173, presents a unique opportunity. The 177,893 square foot, four-story building, constructed in 1999 and renovated in 2009, sits on 12.73 acres of land. Currently, the entire building is available for lease, offering flexible space options ranging from 40,000 to 177,893 contiguous square feet. The property boasts a 9-foot ceiling height, ample parking with 1250 spaces, and convenient access to major transportation routes via its location in the FAR NORTHWEST SUBURBAN COOK submarket, close to O'Hare International Airport. Building amenities include a fitness center and cafeteria, shared with an adjacent building via a connecting structure. The property features 2500 amp power and elevators, and is zoned B3. The building's condominium ownership structure provides shared interest in common areas, including the parking garage. This is an ideal location for businesses seeking a prestigious and well-equipped office space in a thriving suburban area. The property's APN is 07-14-200-085-1001. The building has four suites in total.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
APN 07-14-200-085-1005
UPID US28-2801673
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
  • Experian Bank Loan Service
  • Experian Automotive Information Services
  • Free Credit Report Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.95M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.95M
Owner & transaction history
American Insurance Acquisition · 9 yrs held
American Insurance Acquisition
since 2016
Last sale
$4.0M
2 recorded transactions
2016
$9.2M
2014
$3.8M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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