Office for Sale in Schaumburg, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Schaumburg, IL
Description
Market Context
This office in Schaumburg, IL is listed for sale. It is offered at an approximate 10.2% capitalization rate, a key benchmark for income-producing office assets. 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 10.2% 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).
Explore this market
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