Office for Sale in Schaumburg, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Schaumburg, IL 60173
  • Year built: 1986

Description

Marcus & Millichap is pleased to present Commerce Center of Schaumburg, a multi-tenant industrial flex building located in Schaumburg, Illinois. Schaumburg is located approximately 30 miles west of the Chicago Loop and approximately 11 miles west of O’Hare International Airport both accessible via Interstate 90. Schaumburg is home to more business in Illinois than any other community outside the City of Chicago. Schaumburg enjoys access to major roadways including the Jane Addams Tollway (Interstate 90) and Dwight D. Eisenhower Expressway (Interstate 290), as well as route 58 (Golf Road) and route 72 (Higgins Road). The subject property consists of 11 suites, with four drive-in doors and two loading docks. Investment Highlights: • Approximately 136,436 SF Industrial Property • 11 Suites | Four Drive-In Doors | Two Loading Docks • Renovated Suites, Recent Cap Ex • Immediate Access to Major Roadways • Strong Schaumburg, Illinois Location

Market Context

This office in Schaumburg, IL is listed for sale. It is offered at an approximate 11.7% capitalization rate, a key benchmark for income-producing office assets. The building dates to 1986. It has been on the market for 68 days. Compare it against other office listings for sale in Schaumburg, IL — <a href="/search/sale/office/illinois/schaumburg">view the full market</a>.

As of Q1 2026, the Chicago office market showed a 26.9% vacancy rate, average asking rents near $45.41/SF/yr, rents up 5.2% year over year, and cap rates around 9.8%. Source: Consensus Q1 2026 market report.

Its 11.7% asking cap rate is above the Chicago office market average of about 9.8%, implying a higher yield (and typically more risk or upside) than comparable assets. Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Chicago?
About 9.8% as of Q1 2026, per Consensus.
Is the Chicago office market tightening or softening?
Vacancy is around 26.9%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$26.97/SF – $36.49/SF

Mid: $31.73/SF

Rate estimator only; cost-of-business estimate unavailable.

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