1701 Woodfield RdSchaumburg, IL 60173

  • Commercial real estate
  • 0.10 AC

Property Details for 1701 Woodfield Rd

Year built
1992
Lot size
0.10 AC
Property type
Commercial real estate
APN
07-13-400-036
APU
713400036

Description

This exceptional 175,000 square foot, eleven-story office building is located at 1701 East Woodfield Road in Schaumburg, Illinois, within Cook County's Northwest Suburbs. The property offers a variety of office spaces, suitable for traditional, executive, or medical practices, with multiple tenancies available. Units range from a minimum of 560 square feet to a maximum contiguous space of 3,675 square feet, with 21,155 square feet currently vacant. The building features stunning floor-to-ceiling windows offering panoramic views. Amenities include a conference and training facility, a tenant vending lounge, and on-site management and engineering teams. Ample parking is provided with 680 spaces. Its convenient location directly across from Woodfield Mall provides easy access to numerous restaurants, banks, and shops. Excellent visibility and immediate access to Illinois Route 53/I-290 and I-90 expressways make this a highly desirable location for businesses seeking convenient access and high visibility. The property's zip code is 60173.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $887,044
    Hospitality
    $812,528
    Educational
    $676,014
    Medical
    $699,263
    Retail
    $1,051,577

Location Insight

City
Schaumburg
County
Cook
State
Illinois
Latitude
42.0416
Longitude
-88.0384
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$4,041
$14,485
$392
$14,877
-
$57,940
$1,568
$59,508

FAQs

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