1300 Plum Grove RdSchaumburg, IL 60173

Property Details for 1300 Plum Grove Rd

Year built

1988

Lot size

4.60 AC

Property type

Industrial properties

APN

07-11-301-030

APU

711301030

Description

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.

Location Insight

City

Schaumburg

County

Cook

State

Illinois

Latitude

42.054

Longitude

-88.0607

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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