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1700 N Penny Ln 34,980 SF Industrial Building Schaumburg, IL 60173 For Sale

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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.

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

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
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)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
07-11-202-028-0000
Land Assessment
$371,033 (2025)
Improvements Assessment
$240,417 (2025)
Total Assessment
$611,450 (2025)
  • Listing ID: 39385083

  • Date on Market: 2/10/2026

  • Last Updated:

  • Address: 1700 N Penny Ln, Schaumburg, IL 60173

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