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Multi-Tenant Car Care Center Plaza 1801-1811 W Wise Rd 17,864 SF 100% Leased Retail Building Schaumburg, IL 60193 $1,999,000 ($111.90/SF)
INVESTMENT HIGHLIGHTS
- Prime location along W Wise Road with excellent visibility and steady traffic counts.
- Immediate access to major thoroughfares including IL-390, I-290, and I-90, connecting to O’Hare International Airport.
- Opportunity for long-term stability with established tenants and potential upside through lease repositioning or cosmetic upgrades.
- Situated in Schaumburg, one of Chicago’s most dynamic suburban markets with strong retail and residential synergy.
- Dense surrounding population with high median household income and strong consumer spending power.
EXECUTIVE SUMMARY
This property offers investors a rare chance to acquire a well-located neighborhood retail and service center in Schaumburg, IL. Positioned on W Wise Road, the asset benefits from excellent visibility and convenient access to regional transportation corridors, including I-90 and IL-390, placing it within minutes of O’Hare International Airport and the broader Chicago metro. The surrounding area boasts robust demographics, with a dense residential base and strong household incomes driving consistent retail demand. Current tenancy, fully leased to long term tenants, provides stable cash flow, while the property’s configuration and zoning allow for future enhancements or tenant mix optimization. This is an ideal acquisition for investors seeking a value-add opportunity in a thriving suburban market with long-term growth potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
17,864 SF
Building Class
B
Year Built
1988
Price
$1,999,000
Price Per SF
$111.90
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.59 AC
Zoning
B-2, Schaumburg - Neighborhood Business-Arterial District
Parking
120 Spaces (6.72 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- 24 Hour Access
- Corner Lot
- Pylon Sign
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $94,746 | |
| Land Assessment | $223,365 | Total Assessment | $318,111 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$223,365
Improvements Assessment
$94,746
Total Assessment
$318,111
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Multi-Tenant Car Care Center Plaza | 1801-1811 W Wise Rd
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