729 Lunt Avenue Schaumburg, IL $ 3,499,000
729 Lunt Avenue
$ 3,499,000
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729 Lunt Avenue

Schaumburg, IL, 60193
$ 3,499,000
Baths0.0 Sq 38,000

Monthly Estimate*

$ 23,255

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Studio

Commercial Property for sale in Schaumburg, IL

for $3,499,000. This 38,000 square foot building was built in 1985 on a lot size of 2.75.

The subject property consists of approximately 119,740 +/- square feet or 2.75 acres +/- of improved land with a two-story industrial building. The northwest section at the front of the building enjoys a second floor of finished commercial offices approximately 6,000 +/- square feet, with similar commercial office space on the first floor 1,000 +/- square feet. Currently the building is a single user, with a building area of 38,000 +/- square feet consisting of roughly 31,000 +/- square feet warehouse space that has 17'.6" to 21'.7" +/- clear ceiling height. The building enjoys overhead cranes, big power and is sprinklered throughout. The property includes 5 exterior overhead doors: drive-in (two) - 12' by 10' wide and - (two) 14' by 10' wide loading suppressed dock doors and (one) - 14' by 10' wide drive-in door. The property is on a concrete slab with masonry block exterior walls with brick facade. The building is constructed of steel truss with a new roof several years ago with a 20-year warranty. The HVAC building has gas fired forced air and central air conditioning/heat for the office. AC is available in the warehouse but is not hooked-up. Six new furnaces were replaced in the last several years. Extensive air filtration system inside warehouse and building (available if desired). The property has an asphalt paved parking lot with ample parking for roughly 100 cars +/- with excellent lighting. The property is conveniently located close to the highway system. Expansion opportunity of 10,000 square foot building on the north/east side of the building.

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Commercial Active

Price

$ 3,499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 52,315

Style

Commercial,Industrial

Lot Size

2.75

Year Built

1985

Town/City

Schaumburg

County/Region

Cook

MLS | Web ID

11814393

Features
General
Cooling Central Air Total
Possession Closing
Zoning INDUS
Construction Materials Concrete
Year Built 1985
Electric Service - 201 to 600 Amps Over 600 Amps Power - 240V Power - 480V Three Phase Heavy Power 1200+ Amps 440 Volts Other
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Roof Scavenger
Stories 2
Township Schaumburg
Property SubType Distribution Warehouse Food/Beverage Manufacturing / Warehousing Truck Terminal Other
Tax Year 2021
Current Use Commercial Industrial
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Possible Use Commercial Industrial Office and Research Other
Status Active
Directions IL 390 West to Wright Blvd North to Lunt Ave. East
City Schaumburg
NumberOfUnitsTotal 1
MLS Area Schaumburg
Lot Size Square Feet 119740
Street Name Lunt
Tax Annual Amount 52315
Additional Parcels Y/N N
Leasable Area 38000
Days on Market 324
Standard Status Active
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Exterior
Building Area Total 38000
Lot Dimensions 480*249
Lot Size Acres 2.75
Frontage Type City Street Interstate
Exterior Brick
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Gold Lion Realty, Inc.

Broker

lveil@glre.biz

Email

Affordability Calculator

$27,615
Per Month
84%
16%
0%
Monthly Principal & Interest
$23,255
Monthly Property Taxes
$4,360
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/1/2024$3,499,000 -7.46% Price Down
6/22/2023$3,781,000 Listed Price

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729 Lunt Avenue, Schaumburg, IL, 60193 is a Commercial Property for sale at $3,499,000 with 38,000 sqft and a lot size of 2.75. 729 Lunt Avenue is a studio with 0.0 baths and was built in 1985. The property's zip code is 60193 which is in Schaumburg, IL