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Schaumburg Tech Center I 105-195 W Central Rd 57,501 SF 50% Leased Office Building Schaumburg, IL 60195 $2,600,000 ($45.22/SF)
Investment Highlights
- 57,000 SF Building
- Up to 28,000 SF available for user to occupy
- 37,000 SF of single story space
- Close proximity to I-90 and Woodfield Mall
Executive Summary
Versa Real Estate Services, as exclusive listing agent, is offering for sale an opportunity to acquire the fee simple interest at 105 - 195 W Central Road in Schaumburg, IL. The property is located directly northwest of I-90 and Roselle Rd. 105-195 W Central is a multi-tenant 57,501 SF office building built in 1983 and is situated on 3.4 acres of land. This is an excellent opportunity for an owner/occupant to utilize up to 28,696 SF in the building while collecting cash flow from the other tenants. The entire 10,566 SF is available on the second floor of the property. Alternatively, an investor could acquire the building and increase rents and occupancy with leasing improvements to the common areas and office suites
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
57,501 SF
Building Class
B
Year Built
1983
Price
$2,600,000
Price Per SF
$45.22
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
28,751 SF
Building FAR
0.38
Lot Size
3.46 AC
Zoning
Commercial - Planned Office Business District
Parking
155 Spaces (2.7 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Central Heating
- Natural Light
- Wi-Fi
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Exceptionally bikeable
90/100
Property Taxes
| Parcel Number | 07-03-101-020-0000 | Improvements Assessment | $318,401 |
| Land Assessment | $677,349 | Total Assessment | $995,750 |
Property Taxes
Parcel Number
07-03-101-020-0000
Land Assessment
$677,349
Improvements Assessment
$318,401
Total Assessment
$995,750
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Schaumburg Tech Center I | 105-195 W Central Rd
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