Stand Alone - Industrial Building

1116 Morse Ave Schaumburg, IL 60193

1116 Morse Ave, Schaumburg, IL, 60193
1116 Morse Ave, Schaumburg, IL, 60193 1116 Morse Ave, Schaumburg, IL, 60193 1116 Morse Ave, Schaumburg, IL, 60193 1116 Morse Ave, Schaumburg, IL, 60193 1116 Morse Ave, Schaumburg, IL, 60193 1116 Morse Ave, Schaumburg, IL, 60193 1116 Morse Ave, Schaumburg, IL, 60193 1116 Morse Ave, Schaumburg, IL, 60193
FOR SALE FOR LEASE
Property Type:
Warehouse
Amount:
Please Call Broker for Price

Last Verified:
Dec 14, 2024

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Highlights


Description

This well-maintained 4,050 SF industrial building at 1116 Morse Ave in Schaumburg, IL, is ideal for owner-users looking for a versatile space with key amenities. The property includes fenced outdoor storage, a dock, a drive-in door, and 200 amp 3-phase power, all providing the efficiency and functionality required for various industrial uses. Additionally, the 400 SF office space offers a comfortable and convenient workspace. Positioned in a prime Schaumburg location, this building presents a rare opportunity to own a fully equipped, adaptable industrial property.

Stand-alone industrial Building with Rare Fenced Yard. This versatile stand-alone industrial building is perfect for a variety of businesses, including light industrial operations, fleet service companies, contractor services, and small transportation groups. The property features a rare fenced yard, offering additional storage and operational space that is hard to find in the area.

Prime South Schaumburg Industrial Location – Northwest Cook Submarket

This industrial property is ideally positioned in the Northwest Cook Submarket, offering excellent connectivity and access to major transportation routes. The building is in close proximity to I-390, Route 53, I-355, and Irving Park Road, providing seamless access to both local and regional destinations. Its location makes it particularly convenient for businesses looking to serve the Western and Northwest suburbs. This strategic positioning ensures efficient distribution and transportation, making it a prime location for industrial operations.


Year Built: 1974
Building Size: 4050sq ft
Lot Size: 0.37 acres


Documents

1116 Morse Ave Sale/Lease Brochure

Units for Lease

1116 Morse Ave
Space Available: 4050 SF
Lease Type: Modified Gross

Price Per Sqft/Year: $14.00

Map of 1116 Morse Ave, Schaumburg, IL, 60193

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.