953 American Lane

For Sale$13,000,000

953 American Lane, Schaumburg, IL 60173

  • Office
  • General Office

953 American Lane, Schaumburg, IL 60173 - Office Space

953 American Lane is located at 953 American Lane in IL, Schaumburg, 60173. The Class B Office building was completed in 1986 and features a total of 109,373 Sqft.

There are 341 office spaces for lease in the Schaumburg city, totaling 3,837,661 Sqft of available office space. The office space availability for the 60173 zip code is 3,813,003 Sqft, in 338 office spaces. The average asking office rent per sq. ft. in Schaumburg is $18.63/sqft/year. For Class A office buildings the average office rate is $17.81/sqft/year, for Class B office buildings the average office rate is $20.21/sqft/year, for Class C office buildings the average office rate is $14.5/sqft/year.

In Schaumburg, there are 33 class B office buildings. In Schaumburg, there are a total of 6 LEED certified office buildings. In 1986, the same year 953 American Lane was built, 80 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Schaumburg, featuring 1,080,197 square feet of commercial space. At zip code level, there are 95 commercial properties, of which 46 are office buildings over 50,000 square feet.

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Details

  • Price $13,000,000
  • City Schaumburg
  • Zip Code 60173
  • Property Type Office - General Office
  • Property Size 109,373 Sqft
  • Lot Size 12.41 Acre
  • Building Class B
  • Year Built 1986
  • Date Updated 04 Jan, 2021

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.com.

FREQUENTLY ASKED QUESTIONS

What is the total square footage of 953 American Lane?

953 American Lane totals 109,373 square feet.

When was this property built?

953 American Lane was built in 1986.

Schaumburg Demographics

The average household income in zip code 60173 is $99,896, from a total of 5,695 households. In terms of employment, there are 90.20 % white-collar and 9.80 % blue-collar jobs in zip code 60173.

Population

  • Total Population74,569
  • Male Population(48.5 %) 36,140
  • Female Population(51.5 %) 38,429
  • Median Age38.10

Income/Financial

  • Average Household Income$95,168
  • Median Household Income$79,740
  • Median Income Under 25$53,368
  • Median Income 25-44$89,358
  • Median Income 45-64$87,643
  • Median Income Over 65$52,366

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