1801-1811 W Wise Rd - Auto Repair FOR SALE


Schaumburg, IL 60193- Far Northwest Suburban Cook
$1,999,000 USD
773-419-1724
1801-1811 W Wise Rd, Schaumburg, IL for Sale
$1,999,000 USD
Auto Repair - FOR SALE
1/6
null | Request Cap Rate

1801-1811 W Wise Rd
Schaumburg, IL 60193
Far Northwest Suburban Cook


HIGHLIGHTS

  • Prime location along W Wise Road with excellent visibility and steady traffic counts.
  • Situated in Schaumburg, one of Chicago’s most dynamic suburban markets with strong retail and residential synergy.
  • Immediate access to major thoroughfares including IL-390, I-290, and I-90, connecting to O’Hare International Airport.
  • Dense surrounding population with high median household income and strong consumer spending power.
  • Opportunity for long-term stability with established tenants and potential upside through lease repositioning or cosmetic upgrades.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,999,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Multi-Tenant Car Care Center Plaza

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1.59 AC

LAND SF

69,260 SF

ZONING

B-2, Schaumburg

APN/PARCEL ID

07-32-107-017-0000,07-32-107-018-0000

ASK ABOUT THIS PROPERTY

Lorenzo SanchezEngel & Völkers Chicago/Chicago North Shore/ShoreMore Info
773-419-1724

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Lorenzo SanchezEngel & Völkers Chicago/Chicago North Shore/ShoreMore Info
773-419-1724

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