1700 N Penny Ln, Schaumburg, IL for Sale
Manufacturing - FOR SALE
1/8
null | Request Cap Rate

NEW


1700 N Penny Ln
Schaumburg, IL 60173
Far Northwest Suburban Cook


HIGHLIGHTS

  • 1600 amp 480v Power
  • 18' Clear Height
  • 4,000 SF of fully furnished Class A office space
  • Situated on 6.75 acres allowing for expansion up to +/- 100,000 SF
  • 2 Overhead doors | 1 Dock
  • Roof replaced in 2015 with 15 year warranty

OVERVIEW

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.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

Heating - Gas

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

89

LAND DETAILS

LAND ACRES

1.74

LAND SF

75,794

ZONING

M-1, Schaumburg

APN/PARCEL ID

07-11-202-028-0000

ASK ABOUT THIS PROPERTY

Kyle HarrisVersa Real Estate ServicesMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Kyle HarrisVersa Real Estate ServicesMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.