953 American Ln | Schaumburg, IL 60173
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- LoopNet Team
953 American Ln
Schaumburg, IL 60173
Value-Add | Class A Office Building · Office Property For Sale
Investment Highlights
- Desirable three-story 109,373-square-foot office building on a 4.87-acre lot in the Woodfield Lake Office Campus.
- Recent capital improvements include a new roof, HVAC, lobby renovations, and elevators.
- The population within five miles of the property is 262,622, with a median income of $88,740.
- Class A building equipped with fitness center, spacious deli, outdoor space, multi-level parking deck, existing furniture, and open floor plan.
- This modern office is an excellent investment opportunity for an Owner/User to occupy and add value with lease-up.
- Conveniently located near I-290 and I-90, a 20-minute drive to O’Hare International Airport and one hour from Downtown Chicago.
PROPERTY FACTS
Property Type
Office
Building Size
109,373 SF
Building Class
B
Year Built/Renovated
1985/2014
Percent Leased
13%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
36,495 SF
Building FAR
0.34
Lot Size
7.30 AC
Zoning
ORI - Sub District A (Office Core)
Parking
547 Spaces (5 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Controlled Access
- Conferencing Facility
- Fitness Center
- Food Court
- Pond
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $845,245 | |
| Land Assessment | $618,266 | Total Assessment | $1,463,511 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$618,266
Improvements Assessment
$845,245
Total Assessment
$1,463,511
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