1031-1041 E Woodfield Rd
Schaumburg, IL 60173
OFFICE/MEDICAL BUILDING · Office Property For Sale

Landmark Partners Commercial Real Estate is pleased to present for sale to qualified buyers this 86% occupied, value-add, 19,542 SF one story office/medical complex. Located in the heart Schaumburg, this traditional masonry complex boasts first class office and medical space with modern steel accents in a highly sought after location. Excellent tenant mix consisting of medical, office and educational tenants. Cap rate of 6.75% is based on CURRENT NOI which can easily equate to a 8.4% cap rate upon 100% occupancy. It is located 2-miles from Interstate 290 and 2.5 miles from Interstate 90 and minutes from the popular Woodfield Mall. This rare single-story office/medical building is located within Schaumburg's Business District. Schaumburg, Illinois is part of the Chicago Metropolitan Area. Schaumburg is home to nearly 5,000 businesses. Schaumburg is home to Woodfield Mall is just a mile away from the asset. Opening in 1971, it is the largest shopping mall in Illinois and the 12th largest in the United States. Schaumburg is also the site of one of only two IKEA stores in the entire state of Illinois. The Renaissance Schaumburg Convention Center Hotel, a 500-room hotel and convention center owned by the village, is just two miles away. A Lifetime Fitness is within walking distance to this asset. Schaumburg also has many other notable tenants, such as Verizon, Pepsi, Zurich North America, a leading commercial property-casualty insurance provider, Motorola Solutions, a global leader in mission-critical communications products, services and solutions, and OptumRX, a pharmaceutical affiliate of United Healthcare. Other major employers include School District 54, the largest elementary school district in Illinois, Genworth Financial Capital, IBM, the Illinois Department of Education, and the Jorgensen Steel Company. Financial Summary attached. Contact broker for full offering memorandum.