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935 N Plum Grove Rd - Woodfield Lake Office Court II 5,295 SF Office Condo Unit Offered at $1,667,880 CAD in Schaumburg, IL 60173
Investment Highlights
- 10.05% Going-In Cap Rate
- Illustrative financing demonstrates a 1.43x DSCR and 10.08% cash-on-cash return
- Tenants reimburse real estate taxes and property insurance
- $120,600.00 Annual NOI
- Attractive, professionally finished office buildout. Modern reception and waiting areas with high-quality interior finishes
- Prime Schaumburg Location – Established suburban Chicago business hub with strong corporate, healthcare, retail, and professional-service presence
Executive Summary
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.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | Cap Rate | 10.05% |
| Sale Type | Investment |
| Cap Rate | 10.05% |
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A-D | 5,295 SF | Office | $1,667,880 CAD ($314.99 CAD/SF) | $167,621.94 CAD |
Unit A-D
| Unit Size |
| 5,295 SF |
| Condo Use |
| Office |
| Price |
| $1,667,880 CAD ($314.99 CAD/SF) |
| NOI |
| $167,621.94 CAD |
Unit A-D
| Unit Size | 5,295 SF |
| Condo Use | Office |
| Price | $1,667,880 CAD ($314.99 CAD/SF) |
| NOI | $167,621.94 CAD |
| Sale Type | Investment |
| Cap Rate | 10.05% |
| Description | |
| Beautiful office condo for sale in professionally managed office park, located in the heart of Schaumburg! 4 separate spaces offered together, would work for either single tenant or multi-tenant. Great single story space with lots of parking available. Great access to major expressways and right near Woodfield Mall.</li></ul> |
Property Facts
| Total Building Size | 10,590 SF | Typical Floor Size | 10,590 SF |
| Property Type | Office (Condo) | Year Built | 1982 |
| Building Class | B | Lot Size | 12.84 AC |
| Floors | 1 | ||
| Zoning | Business | ||
| Total Building Size | 10,590 SF |
| Property Type | Office (Condo) |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 10,590 SF |
| Year Built | 1982 |
| Lot Size | 12.84 AC |
| Zoning | Business |
Amenities
- 24 Hour Access
- Air Conditioning
Presented by
935 N Plum Grove Rd - Woodfield Lake Office Court II
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