USAILSchaumburg1118 Morse Ave
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New
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$2,250,000

For Sale

5 hours ago

1118 Morse Ave, Schaumburg, IL

House

MLS® 12785137

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage 
Taxes $99,761
Days Active 0
Lot Size 1.08 Acres
Approx. Age 1988
MLS® Number 12785137

Property Address: 1118 Morse Ave, Schaumburg, IL, 60193-4506

Average square foot calculated using Size range provided by listing agent.

Description

The subject property is a two-tenant, 20, 620 square foot industrial property, located in Spectrum Industrial Park on the south side of Schaumburg, along the Elgin O'Hare Expressway (IL-390). The building has a total of three drive-in doors and two interior loading docks and has the ability to be subdivided into three separate units. The ceiling height is 14' clear and it is1.08 acres with the parking lot in the back of the building, and overall the property is in good condition. Roof is completely redone in 2024. The building is located in the County of Cook, with relatively low real estate taxes for the area.Currently, the building has one 10, 000 square foot which used by the owner and and one is leased 10, 620 SF space until April 2027. The short term lease allows a new owner to either expand into the occupied unit, or increase the rent at the next renewal. The property offers an ideal opportunity for an owner/user investor to utilize the income while occupying half of the building, or allows an investor to increase value by leasing to a new tenant.
MLS® Number12785137
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1988
Basement
Driveway
Garage Spaces
Heat
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 17, 2026List Date
$2,250,000List Price
  • Commute

Commute

Starting Address
Destination Address
1118 Morse Ave, Schaumburg, IL

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