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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.

Property Facts Under Contract

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

Property Taxes

Parcel Number
07-33-202-022-0000
Land Assessment
$87,680 CAD
Improvements Assessment
$74,665 CAD
Total Assessment
$162,345 CAD
  • Listing ID: 39902396

  • Date on Market: 2026-03-25

  • Last Updated:

  • Address: 515 W Lunt Ave, Schaumburg, IL 60193

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