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515 W Lunt Ave
Schaumburg, IL 60193
Industrial Property For Sale


Investment Highlights
- Secured yard Outdoor storage Contractor yard Fleet parking Equipment storage
- Excellent access to major transportation corridors including I-90 and the greater O’Hare industrial market.
- You could fit approximately 40–50 contractor trucks, OR 20–25 box trucks, OR 12–18 semi trailers
- Ideal for contractor yard, fleet parking, equipment storage, or service company
Executive Summary
With approximately 6,000 square feet of building space and nearly 28,000 square feet of yard area, the property is well suited for contractors, fleet-based businesses, equipment storage, and other outdoor industrial users that require both warehouse functionality and usable yard space.
Opportunities with this level of yard capacity are limited within the Schaumburg industrial market.
The property also aligns with the growing demand for Industrial Outdoor Storage (IOS) and Industrial Service Facility (ISF) sites across the Chicago industrial market. IOS properties provide large secured yards for equipment, fleet vehicles, containers, and materials, while ISF properties combine functional warehouse space with outdoor operational areas for service-based businesses. With its low 13% site coverage and extensive paved yard, 515 W Lunt Ave represents a format that is increasingly difficult to find in established industrial parks such as Schaumburg. The configuration supports a wide range of operational users that rely on both indoor and outdoor space to efficiently run their businesses.
Businesses interested in leasing the property can contact Timothy Keenan for additional details, availability, and lease terms.
Opportunities with this level of yard capacity are limited within the Schaumburg industrial market.
The property also aligns with the growing demand for Industrial Outdoor Storage (IOS) and Industrial Service Facility (ISF) sites across the Chicago industrial market. IOS properties provide large secured yards for equipment, fleet vehicles, containers, and materials, while ISF properties combine functional warehouse space with outdoor operational areas for service-based businesses. With its low 13% site coverage and extensive paved yard, 515 W Lunt Ave represents a format that is increasingly difficult to find in established industrial parks such as Schaumburg. The configuration supports a wide range of operational users that rely on both indoor and outdoor space to efficiently run their businesses.
Businesses interested in leasing the property can contact Timothy Keenan for additional details, availability, and lease terms.
Property Facts Under Contract
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1974 |
| Property Subtype | Manufacturing | Parking Ratio | 11.67/1,000 SF |
| Building Class | C | Clear Ceiling Height | 18’ |
| Lot Size | 0.71 AC | No. Drive In / Grade-Level Doors | 2 |
| Rentable Building Area | 6,000 SF | ||
| Zoning | M-1 - Manufacturing. Located within the Centex Schaumburg Industrial Park. Compliant with Village green space requirements | ||
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.71 AC |
| Rentable Building Area | 6,000 SF |
| No. Stories | 2 |
| Year Built | 1974 |
| Parking Ratio | 11.67/1,000 SF |
| Clear Ceiling Height | 18’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | M-1 - Manufacturing. Located within the Centex Schaumburg Industrial Park. Compliant with Village green space requirements |
Amenities
- Fenced Lot
- Floor Drains
- Signage
- Perimeter Security Fence
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Property Taxes
| Parcel Number | 07-33-202-022-0000 | Improvements Assessment | $74,665 CAD |
| Land Assessment | $87,680 CAD | Total Assessment | $162,345 CAD |
Property Taxes
Parcel Number
07-33-202-022-0000
Land Assessment
$87,680 CAD
Improvements Assessment
$74,665 CAD
Total Assessment
$162,345 CAD
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