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1300 Plum Grove Rd Schaumburg, IL 60173

72,461 SF Flex Space, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 72,461-square-foot industrial flex property, located at 1300 N Plum Grove Rd in Schaumburg, IL, presents a compelling value-add investment opportunity. Built in 1988, this single-story Class B building sits on a 4.6-acre lot and boasts a 100% occupancy rate, offering immediate cash flow. The property features 18-foot ceiling heights, three loading docks, and eight dock-high doors, catering to diverse operational needs. Its strategic location in the thriving Village of Schaumburg, Cook County, provides unparalleled access to major transportation arteries, including Interstate-90 and Interstate-290, and is conveniently situated near Woodfield Mall and O'Hare International Airport (14 miles). The property is zoned for Planned Manufacturing, offering flexibility for various industrial and flex uses. The building's current lease structure provides a weighted average lease term of 5.6 years, ensuring long-term stability. This prime suburban location, combined with the property's strong occupancy and value-add potential, makes it an attractive investment prospect. The APN is 07-11-301-030-0000 and the zip code is 60173.

Highlights

  • Value-Add Investment Opportunity
  • 5.6-Year Weighted Average Lease Term (WALT)
  • 100% Occupancy
  • Premier Suburban Schaumburg Location

Property Details for 1300 Plum Grove Rd

Property type
Industrial properties, Flex space
Square Feet
72,461 SF
Class
B
Year Built
1988
Stories
1
Lot Size (sq. ft)
200,376 SF

Location Insight

City
Schaumburg
County
Cook
State
Illinois
Latitude
42.053509875439
Longitude
-88.059985313298

FAQs

What type of property is this?
Industrial property - 72,461 SF Flex Space, 100% Occupied
Where is the industrial property located?
The property is located at 1300 Plum Grove Rd Schaumburg, IL.
What are key features of this property?
This property features: Value-Add Investment Opportunity; 5.6-Year Weighted Average Lease Term (WALT); 100% Occupancy
How can I contact the broker?
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1300 Plum Grove Rd
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