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Classic Auction - Office

REIT Sale | Value-Add Office | Chicago MSA | 106K SF

930 National Parkway - Schaumburg, IL 60173

  • Asset Type
  • Real Estate
  • Property Type
  • Office
  • Land Area
  • 5.67 Acres
  • Year Built
  • 1989
  • Number of Floors
  • 5
  • Number of Buildings
  • 1
  • Parking Count
  • 413
  • Occupancy
  • 0%
  • Office Type
  • Suburban Office
  • Property Size
  • 106,380 Sq Ft

REIT Sale | Value-Add Office | Chicago MSA | Under $10 PSF!

Investment Highlights

  • Opportunity to purchase investment grade office building primed for redevelopment
  • Schaumburg, 8th largest city in Chicago MSA, offers an educated workforce, unprecedented amenities and easy access to highways
  • Qualifications for C-Pace financing on eligible improvements will enhance returns
  • Transit-oriented location creates a perfect option for tenants looking to draw from Chicago Metro


Property Overview

The Colliers | Chicago Office Capital Markets Team is pleased to present for the sale of 930 National (“the Property”) located at 930 National Parkway, Schaumburg, Illinois. The Property is comprised of a five-story, office building totaling 106,380 square feet.  The Property was originally built for Cellular One and was subsequently occupied by Cingular and AT&T.  In 2022 the Property became vacant and now represents a unique opportunity to acquire an institutionally owned and maintained asset in the heart of the Schaumburg market.  Floorplates of approximately 21,000 square feet and a central core, offer a multitude of options for dividing the space with exceptional window line. Wide column spacing is optimal for open floor plans and functional balconies provide tenants with their own private outdoor spaces to enjoy.
 

Sold Subject To
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Platform Fee

The platform fee for this transaction is the greater of 5.00% or a minimum of $25,000.

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Investment Sales Broker

Transaction Manager

Auctioneer

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    Scott Bowers

    c/o Fisher Auction Company Inc.

    License: 040000273