2200 Progress Pky | Schaumburg, IL 60173
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This Multifamily Property is no longer advertised on LoopNet.com.
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 | Lot Size | 13.51 AC |
| Property Type | Multifamily | Building Size | 253,917 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2020 |
| Building Class | A | Parking Ratio | 1.51/1,000 SF |
| 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
| Parcel Number | 02-34-303-003-0000 | Improvements Assessment | $4,651,674 |
| Land Assessment | $294,366 | Total Assessment | $4,946,040 |
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
The Far Northwest Suburban Cook Multifamily Property at 2200 Progress Pky, Schaumburg, IL 60173 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS
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NEARBY LISTINGS
1 of 1
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