This ±5,679 square foot industrial space is available for lease at 1201 Remington Road in Schaumburg, Illinois. Located within the prestigious Schaumburg Business Park, this well-maintained facility offers excellent access to major transportation arteries, including I-90 and I-290 interchanges, and is in close proximity to O'Hare International Airport. The building, constructed in 1980, features a total of ±51,681 square feet on a ±2.92-acre lot. This single-story warehouse boasts a 16-foot clear ceiling height and ample parking. The available space includes ±1,363 square feet of office space. Loading is facilitated by one dock and one drive-in door. The property's electrical service is 225A, 208/120V, 3-phase. The property is under new ownership and professionally managed. This is a rare opportunity to lease a well-located, functional industrial space in a highly desirable business park. The minimum divisible space is 5,679 square feet, and the maximum contiguous space available is also 5,679 square feet. This space is part of a multi-tenant building.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$26,287,886
Hospitality
$24,079,562
Educational
$20,033,914
Medical
$20,722,910
Retail
$31,163,864
Location Insight
City
Schaumburg
County
Cook
State
Illinois
Latitude
42.0527
Longitude
-88.0495
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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