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2200 Progress Pky
Schaumburg, IL 60173
Element at Veridian · Multifamily Property For Sale · 268 Units

INVESTMENT HIGHLIGHTS

  • Located in Schaumburg’s Veridian District, near I-90/I-290
  • Resort-style amenities including pool, firepits, and pet parks
  • Surrounded by major employers and retail destinations
  • 95% average occupancy with no concessions
  • Top-tier finishes and smart home technology in every unit
  • Offered free and clear with strong NOI growth

PROPERTY FACTS

No. Units 268
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class A
Lot Size 13.51 AC
Building Size 253,917 SF
No. Stories 4
Year Built 2020
Parking Ratio 1.51/1,000 SF

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Island Kitchen
  • Patio

SITE AMENITIES

  • 24 Hour Access
  • Business Center
  • Clubhouse
  • Fitness Center
  • Picnic Area
  • Corporate Suites
  • Cabana
  • Gameroom
  • Guest Apartment
  • Package Service
  • Pet Play Area
  • Conference Rooms
  • Elevator
  • Multi Use Room
  • Pet Washing Station

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 57 - 577 - 820
1+1 144 - 826 - 1,039
2+2 55 - 1,183 - 1,947
3+2 12 - 1,466 - 2,233

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-34-303-003-0000
Land Assessment
$294,366
Improvements Assessment
$4,651,674
Total Assessment
$4,946,040
  • Listing ID: 37364173

  • Date on Market: 8/21/2025

  • Last Updated:

  • Address: 2200 Progress Pky, Schaumburg, IL 60173

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