900 National PkwySchaumburg, IL 60173

Property Details for 900 National Pkwy

Year built

2007

Lot size

3.62 AC

Property type

Motels

APN

07-14-401-021

APU

714401021

Description

Three Woodfield Lake, located at 900 National Pkwy in Schaumburg, Illinois, presents a significant office space opportunity. This four-story, Class A building, totaling 100,287 square feet, offers a substantial 47,845 square feet of immediately available space. Built in 1985 and renovated in 2011, the property boasts a prime location in Cook County, providing exceptional access to the Suburban Marketplace. The building features a multi-tenant configuration, with flexible layouts catering to various business needs, including "ready to occupy" suites and full-floor options. Amenities are abundant, with over 100 diverse food options, fitness centers, banking facilities, and retail shopping all within immediate proximity. On-site conveniences include 24-hour access, dedicated property management, and a full-time engineer/maintenance staff. Ample parking is available with 288 spaces. The 3.48-acre site offers a prestigious address in a thriving business community. This property is ideal for businesses seeking a well-maintained, amenity-rich office space in a highly accessible location. The building's history as a National Headquarters for over a decade speaks to its quality and desirability.

• CAP approach

  CAP return

  Valuation

  6%

  $32,339,742

  6.5%

  $29,852,070

  7%

  $27,719,778

• Comparable approach

  Method

  Valuation

  Relative Method

  $37,620,884

  Geo Method

  $48,266,020

• Alternative Use

  Use

  Valuation

  Residential

  $32,589,786

  Hospitality

  $29,852,070

  Educational

  $24,836,572

  Medical

  $25,690,738

  Retail

  $38,634,668

Location Insight

City

Schaumburg

County

Cook

State

Illinois

Latitude

42.0427

Longitude

-88.0513

CBSA code

16980

CBSA name

CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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