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Investment Highlights
- 1600 amp 480v Power
- 4,000 SF of fully furnished Class A office space
- 2 Overhead doors | 1 Dock
- 18' Clear Height
- Situated on 6.75 acres allowing for expansion up to +/- 100,000 SF
- Roof replaced in 2015 with 15 year warranty
Executive Summary
Versa Real Estate Services is pleased to exclusively present a rare opportunity to acquire a highly functional industrial facility located at 1700 Penny Road in Schaumburg, Illinois. The offering includes a 34,980 SF industrial building situated on 6.75 acres, providing significant expansion potential for a total building size of up to 100,000 SF. The facility includes approximately 4,000 SF of fully furnished Class A office space, offering a turnkey administrative environment. The warehouse features 18-foot clear height, 1,600 amps (480v) 3-phase power, two overhead doors with a dock, and is equipped with both a 3-ton crane and a 15-ton crane, supporting a variety of heavy industrial uses. Major capital upgrades have been completed, including a roof replacement in 2015 with a 15-year warranty and the installation of three new rooftop units in 2022. The site also provides 89 parking spaces to support both office and industrial personnel.
Strategically positioned along Interstate 90, the property offers exceptional access to the broader Chicagoland interstate network, making it an ideal location for distribution, manufacturing, and service-based operations. With its robust infrastructure, strategic location, and substantial land for future expansion, the property represents an exceptional opportunity for an owner-user seeking a well-located industrial facility with long-term growth potential.
Strategically positioned along Interstate 90, the property offers exceptional access to the broader Chicagoland interstate network, making it an ideal location for distribution, manufacturing, and service-based operations. With its robust infrastructure, strategic location, and substantial land for future expansion, the property represents an exceptional opportunity for an owner-user seeking a well-located industrial facility with long-term growth potential.
Taxes & Operating Expenses (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2026) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Sale Type | Owner User | Year Built | 1988 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 2.54/1,000 SF |
| Building Class | A | Clear Ceiling Height | 18’ |
| Lot Size | 1.74 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 34,980 SF | No. Drive In / Grade-Level Doors | 2 |
| No. Stories | 1 | ||
| Zoning | M-1, Schaumburg | ||
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | A |
| Lot Size | 1.74 AC |
| Rentable Building Area | 34,980 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 2.54/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-1, Schaumburg |
Utilities
- Heating - Gas
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 07-11-202-028-0000 | Improvements Assessment | $240,417 (2025) |
| Land Assessment | $371,033 (2025) | Total Assessment | $611,450 (2025) |
Property Taxes
Parcel Number
07-11-202-028-0000
Land Assessment
$371,033 (2025)
Improvements Assessment
$240,417 (2025)
Total Assessment
$611,450 (2025)
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1700 N Penny Ln
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