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1201-1207 Remington Rd
Schaumburg, IL 60173

Remington Road Industrial · Industrial Property For Sale

PROPERTY FACTS

Property Type Industrial
Property Subtype Warehouse
Building Class B
Lot Size 2.92 AC
Rentable Building Area 51,681 SF
No. Stories 1
Year Built 1980
Parking Ratio 1.08/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 9
No. Drive In / Grade-Level Doors 7

UTILITIES

  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

ABOUT 1201-1207 REMINGTON RD , SCHAUMBURG, IL 60173

1201-1207 Remington Road (the " Property") is located in Schaumburg, Illinois. The single-story, multi-tenant industrial building is comprised of 51,681 SF and is ideally situated less than five minutes from the two-way interchange at I-90, the Meacham Road interchange and approximately eight minutes from the four-way I-290 interchange with easy access to all of the Chicago Metro Area. The property is currently 100% occupied and features an attractive combination of 16’ clear height, cross-loading capabilities, and the flexibility to allow 50’ semi-trailers to back into its rear docks. Investment Highlights: - Opportunity to Achieve High Cash Flow Yield and Double-Digit Levered Cash Flow Returns - Rent Upside with Opportunity to Increase NOI as Leases Expire - Exceptional Historic Occupancy Above 95% Since 2010 - Currently 100% Occupied with a Healthy Average Tenant Tenure of 7.63 Years - Distinct Physical Advantages Over Competitive Properties with 16’ Clear Heights and Cross-Loading Capabilities - Institutionally Maintained with New Roof installed in July 2014 - Historically Low Tenant Improvement and Concession Costs - Excellent Location Near the I-290 and I-90 Intersection The auction date is set for February 10th to February 12th through Ten-X Commercial. To register for the auction and access the full offering materials, please visit the Ten-X auction site. Property tours are by appointment only. To arrange a tour, please contact Allison Alvarado of Transwestern at 312-881-7021 or allison.alvarado@transwestern.com

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-12-300-023-0000
Land Assessment
$222,896
Improvements Assessment
$502,991
Total Assessment
$725,887

ZONING

Zoning Code M-1, Schaumburg
M-1, Schaumburg
  • Listing ID: 18071136

  • Date on Market: 1/2/2020

  • Last Updated:

  • Address: 1201-1207 Remington Rd, Schaumburg, IL 60173

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