935 N Plum Grove Rd - Office CONDO FOR SALE


Schaumburg, IL 60173- Far Northwest Suburban Cook
$1,200,000 USD
832-899-4389
935 N Plum Grove Rd, Schaumburg, IL for Sale
$1,200,000 USD
Office CONDO - FOR SALE
1/53
null | 10.05% Cap Rate

935 N Plum Grove Rd
Schaumburg, IL 60173
Far Northwest Suburban Cook


HIGHLIGHTS

  • 10.05% Going-In Cap Rate
  • $120,600.00 Annual NOI
  • Illustrative financing demonstrates a 1.43x DSCR and 10.08% cash-on-cash return
  • Attractive, professionally finished office buildout. Modern reception and waiting areas with high-quality interior finishes
  • Tenants reimburse real estate taxes and property insurance
  • Prime Schaumburg Location – Established suburban Chicago business hub with strong corporate, healthcare, retail, and professional-service presence

OVERVIEW

Charles Patawaran, Principal, is pleased to present 935 N Plum Grove Road in Schaumburg, Illinois, a 5,295-square-foot multi-suite office condominium investment consisting of 4 suites. Offered at $1,200,000, the property generates $129,000 in annual base rental income and approximately $120,600 in NOI, resulting in an attractive 10.05% going-in capitalization rate. The property features a professionally finished and highly functional office environment with modern reception and waiting areas, private offices, open workspaces, conference and training areas, upgraded lighting, contemporary exposed ceilings, and substantial window lines providing natural light throughout the premises. The multi-suite configuration and multiple exterior entrances provide flexibility for a variety of professional, medical, healthcare, administrative, and service-oriented users. Schaumburg is one of the most established and significant business centers in suburban Chicago. Located approximately 30 miles from downtown Chicago and 11 miles west of O'Hare International Airport, the village serves as a major employment and commercial hub for Chicago's northwest suburbs. Schaumburg supports approximately 80,000 employees and has developed into one of Illinois' largest concentrations of businesses outside the City of Chicago. Its location provides regional connectivity through major transportation corridors including I-90, Route 53/I-290, and the Elgin-O'Hare corridor, making the market accessible to both employees and customers throughout the greater Chicago region. With strong in-place income, quality interior improvements, a flexible multi-suite configuration, and a double-digit going-in cap rate, 935 N Plum Grove Road provides investors an opportunity to acquire a well-maintained, income-producing commercial asset within one of the Chicago metropolitan area's most established suburban business markets.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

10.05%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Woodfield Lake Office Court II

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

10,590 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12.84 AC

LAND SF

559,310 SF

ZONING

Business

APN/PARCEL ID

07-14-200-051-1005

ASK ABOUT THIS PROPERTY

Charles Patawaran CCIMRemax Commercial Real Estate AdvisorsMore Info
832-899-4389

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

Charles Patawaran CCIMRemax Commercial Real Estate AdvisorsMore Info
832-899-4389

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