1321 Tower RdSchaumburg, IL 60173

Property Details for 1321 Tower Rd

Property type

Retail space

APN

07-12-300-040

APU

712300040

Description

This exceptional 5,890-square-foot medical office building in Schaumburg offers a unique leasing opportunity. The space, previously occupied by a liposuction clinic, boasts a complete medical build-out, including five exam rooms with plumbing, a lab area, reception area, private offices, and a kitchen. The property features many recent upgrades and is conveniently located at the southwest corner of Tower Road and Meacham Road, placing it near Woodfield Mall and major transportation arteries like Route 53 and I-90. Tenants enjoy the benefits of tenant-controlled HVAC, 24-hour access, and readily available Comcast high-speed internet and cable. Ample onsite parking is available via an access agreement. The building offers prominent monument signage and additional tenant signage opportunities. The B-2 zoning allows for a variety of uses, including medical practices, personal training studios, general office spaces, showrooms, and medical spas. The entire 5,890 square feet is currently vacant and available for lease. A significant rent reduction has been implemented, with modified gross rent now priced at $18-$20 per square foot. This presents a compelling opportunity for businesses seeking a well-appointed, high-visibility location in a thriving commercial district.

Location Insight

City

Schaumburg

County

Cook

State

Illinois

Latitude

42.0562

Longitude

-88.0464

CBSA code

16980

CBSA name

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

Property Tax & Assessments

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