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12.6 Acre Redevelopment Site

4 Office Properties Offered at £11,060,140 in Schaumburg, IL

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Investment Highlights

12.64 acre redevelopment site
Currently improved with four office buildings totaling 156,963 SF

Potential to redevelop as multifamily complex or town homes
Redevelopment potential as retail, restaurant or office space

Executive Summary

A 12.64 acre redevelopment site is available for sale on Algonquin Rd. This site has been rezoned and approved for 400 units multi-family complex.
This site is in a highly desirable location in Schaumburg, close to the Motorola and Zurich office campuses and a short drive from I-90 and Meacham Rd.

Schaumburg-846-860 E Algonquin OM PageOne

Property Facts

Price	£11,060,140	Number of Properties	4
Price / SF	£70.34 / SF	Individually For Sale	0
Sale Conditions	Development Sale	Total Building Size	157,238 SF
Sale Type	Investment or Owner User	Total Land Area	12.91 AC
Status	Active

Price	£11,060,140
Price / SF	£70.34 / SF
Sale Conditions	Development Sale
Sale Type	Investment or Owner User
Status	Active
Number of Properties	4
Individually For Sale	0
Total Building Size	157,238 SF
Total Land Area	12.91 AC

Properties

Property Name / Address	Property Type	Size	Year Built	Individual Price
850 Algonquin 850 E Algonquin Rd, Schaumburg, IL 60173	Office	39,230 SF	1984	-
846 Algonquin 846 E Algonquin Rd, Schaumburg, IL 60173	Office	39,289 SF	1984	-
860 Algonquin 860 E Algonquin Rd, Schaumburg, IL 60173	Office	39,214 SF	1984	-
854 Algonquin 854 E Algonquin Rd, Schaumburg, IL 60173	Office	39,505 SF	1984	-

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