603-617 W Wise Rd | Schaumburg, IL 60193
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603-617 W Wise Rd
Schaumburg, IL 60193
Retail Property For Sale
Investment Highlights
- High-Demand Location: Situated in Schaumburg, IL — a major suburban business hub just 30 miles from Chicago
- Strong Occupancy: Currently 85% leased with established tenants, including an auto mechanic and auto dealer.
- Excellent Visibility & Access: Prominent frontage on W Wise Rd with convenient access to major highways.
- Zoned M-1: Ideal for light industrial uses, offering flexibility for a variety of commercial tenants.
- Stable Cash Flow: Generates consistent income with minimal landlord responsibilities — landlord pays electric only.
- Thriving Local Economy: Close to Woodfield Mall, major corporate headquarters, and robust residential communities.
Property Facts
Property Type
Retail
Property Subtype
Building Size
18,192 SF
Building Class
C
Year Built
1977
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
1.06 AC
Zoning
M-1, Schaumburg
Parking
30 Spaces (1.96 Spaces per 1,000 SF Leased)
Frontage
Property Taxes
| Parcel Number | 07-33-200-039-0000 | Improvements Assessment | $392,856 |
| Land Assessment | $92,144 | Total Assessment | $485,000 |
Property Taxes
Parcel Number
07-33-200-039-0000
Land Assessment
$92,144
Improvements Assessment
$392,856
Total Assessment
$485,000
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