$2,250,000

1118 Morse Avenue, Schaumburg IL, 60193

Price per sqft$109.12

Built in1988

Property size20,620 sqft

Property typeCommercial

Listed by Yasar Senlik with Rose Realty LLC 773-490-1749

Overview

Active

New

Listed Oct 17, 2026

Updated 15h ago

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.

Additional information

MLS^® ID: 12785137

Interior Features

Bedrooms: 0
Cooling: Yes
Basement: No

Exterior Features

Lot Size: 1.06 Acres

Other Property Details

Taxes: $99,761
Tax Frequency: Annually

Listed by Yasar Senlik with Rose Realty LLC 773-490-1749

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Data is refreshed every 3 hours. Listing last updated 10:39 AM UTC on 10/17/2026.

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