435 West Wise Road Schaumburg, IL 60193

$1,385,000
1.25
Acres
$1,385,000
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sold - 06/16/2023
1/7
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The subject property is a single-story, three-unit brick building located directly at the lighted intersection of Wise Road and Mitchell Avenue in Schaumburg, IL in the County of Cook. This is an ideal industrial and industrial/retail opportunity. The property is currently fully occupied by three tenants. Two tenants have long-term leases, and an end-unit tenant expires in February 2023. The property can be offered as an owner/user investment opportunity with 5,500 SF available, or the expiring tenant can be renewed for a true 100% leased investment purchase.

The subject property is a single-story, three-unit brick building located directly at the lighted intersection of Wise Road and Mitchell Avenue in Schaumburg, IL in the County of Cook. This is an ideal industrial and industrial/retail opportunity. The property is currently fully occupied by three tenants. Two tenants have long-term leases, and an end-unit tenant expires in February 2023. The property can be offered as an owner/user investment opportunity with 5,500 SF available, or the expiring tenant can be renewed for a true 100% leased investment purchase.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    Schaumburg
  • Tax Amount
    $81,069
  • Status
    Sold
  • Listing #
    11677708
  • Built
    1985
  • Lot Size
    1.25
  • Listed on site
    513 days
  • Sold Price
    1385000

Listed by:
Sperry Van Ness

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of Sperry Van Ness.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Jun 21, 202310 mos agoPrice decreased214,900 (13%)$1,385,000
Nov 23, 20221 yr agoNew on market$1,599,900
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