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.
Charles Patawaran CCIM
Remax Commercial Real Estate Advisors