1375 Woodfield RdSchaumburg, IL 60173

Property Details for 1375 Woodfield Rd

Lot size

1.60 AC

Property type

Retail space

APN

07-13-300-027

APU

713300027

Description

Woodfield Financial Centre I, a prestigious Class A office building in Schaumburg, Illinois, presents an exceptional opportunity for businesses seeking prime office space. This seven-story building, constructed in 1986, boasts a total of 186,545 square feet of meticulously maintained office space. Currently, eleven suites are available, ranging in size from 896 square feet to 9,282 square feet, catering to diverse business needs and expansion plans. The building offers convenient multiple tenancy options. Located at 1375 Woodfield Road, Schaumburg, IL 60173, in Cook County, this property benefits from its strategic location within a thriving business hub. Tenants enjoy the convenience of heated underground parking, enhancing accessibility and security. The building also features desirable amenities and prominent signage opportunities, maximizing visibility and brand recognition. The surrounding area offers an abundance of amenities, including restaurants, retail establishments, and hotels, all within a one-mile radius, providing employees and clients with a wealth of options. This exceptional property offers a blend of functionality, prestige, and convenience, making it an ideal location for businesses seeking a thriving and well-connected environment.

• CAP approach

  CAP return

  Valuation

  6%

  $18,499,126

  6.5%

  $17,076,118

  7%

  $15,856,395

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,830,914

  Geo Method

  $22,876,318

• Alternative Use

  Use

  Valuation

  Residential

  $14,404,344

  Hospitality

  $13,194,301

  Educational

  $10,977,504

  Medical

  $11,355,037

  Retail

  $17,076,118

Location Insight

City

Schaumburg

County

Cook

State

Illinois

Latitude

42.0427

Longitude

-88.0477

CBSA code

16980

CBSA name

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

Property Tax & Assessments

FAQs

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