Schaumburg Tech Center II

Off-Market

150 West Center Court, Schaumburg, IL 60195

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 33,930 SF
  • Lot Size 2.69 Acre
  • Parking Spaces Avail. 125
  • Parking Ratio 3.71 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1986

Contacts

Find property contacts with verified and updated contact information on CommercialEdge: owners, building management, representatives from permits and tenants.

Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
Unlock on CommercialEdge

This is a preview. The total list of tenants and suites, along with other lease information, for this property is available on CommercialEdge.

Brokers

Do you represent this property? Claim it!

List your spaces with ease and generate only verified leads with CommercialEdge Marketing.

Add listing for free

Documents

Access researched data with nationwide coverage on CommercialEdge: sales, mortgages, financials, title documents and more.

Sales

  • Purchase Date 05 Oct, 2021
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Schaumburg

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
Unlock on CommercialEdge
Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
Unlock on CommercialEdge

Asking Rents in Schaumburg Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2022 Avg. Asking Rent $21.30
  • 2022 Office Vacancy Rate 24.11%
  • 2022 Office Completions (SF)

Schaumburg Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2022 Avg. Price per SF $72.90
  • 2022 Office Sales Volume $11.7M
  • 2022 Number of Transactions 4
View more Schaumburg market trends

Location

Getting Around

  • Walk Score ®

    4/100 Car-Dependent
  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • City Schaumburg, IL
  • Neighborhood Schaumburg
  • Zip Code 60195
  • Market Chicago

Points of Interest

  • Palatine

    3.70 miles

  • Arlington Park

    4.31 miles

  • Arlington Heights

    5.22 miles

  • Schaumburg

    5.60 miles

  • Roselle

    5.88 miles

  • Medinah

    6.24 miles

  • Hanover Park

    6.35 miles

  • Barrington

    6.48 miles

  • Bartlett

    7.29 miles

  • Itasca

    7.39 miles

  • Tesla

    1.16 miles

  • Mobil

    1.17 miles

  • Mobil

    1.41 miles

  • Marathon

    1.48 miles

  • Shell

    2.01 miles

  • Shell

    2.01 miles

  • Costco Gasoline

    2.10 miles

  • BP

    2.17 miles

  • EV Charger (Electric Car Parking)

    2.19 miles

  • Mobil

    2.20 miles

  • TRUMPF Smart Factory

    2.13 miles

  • Bell Works Chciagoland

    2.25 miles

  • 2nd Lot: Additional Student Parking

    2.41 miles

  • Bell Works Chicagoland

    2.61 miles

  • Pace Northwest Transportation Center Park & Ride

    2.91 miles

  • Spring Valley Nature Sanctuary parking

    3.06 miles

  • Pace I-90 / Barrington Road Park-n-Ride

    3.15 miles

  • Busse Lake Boating Center

    3.59 miles

  • Jewel-Osco Parking Lot

    4.12 miles

  • Busse Forest West

    4.20 miles

  • Holiday Inn Schaumburg

    0.74 miles

  • Extended Stay America - Chicago - Schaumburg

    0.79 miles

  • Country Inn & Suites Schaumburg

    0.82 miles

  • Wingate Schaumburg

    0.84 miles

  • Homewood Suites

    1.73 miles

  • Embassy Suites

    2.03 miles

  • Extended Stay America

    2.10 miles

  • Hyatt House Chicago/Schaumburg

    2.15 miles

  • Home2 Suites Schaumburg

    2.15 miles

  • Renaissance Schaumburg Convention Center Hotel

    2.18 miles

  • Snuggery

    0.74 miles

  • Alumni Club

    0.74 miles

  • Subway

    0.91 miles

  • Richard Walker's Pancake House

    0.97 miles

  • Papa John's

    1.03 miles

  • Yu's Mandarin

    1.11 miles

  • Boston Market

    1.12 miles

  • Panda Express

    1.12 miles

  • Outback Steakhouse

    1.17 miles

  • Wendy's

    1.17 miles

  • Lincoln Prarie School

    0.50 miles

  • Audiology Systems Inc

    0.50 miles

  • Winston Churchill Elementary School

    1.18 miles

  • Little City Adult Vocational Service Center

    1.20 miles

  • William Rainey Harper College

    1.21 miles

  • MacArthur Elementary School

    1.36 miles

  • Hoffman Estates High School

    1.53 miles

  • Saint Hubert School

    1.79 miles

  • Fairview Elementary School

    1.91 miles

  • Hellen Keller Junior High School

    1.92 miles

  • Learning Experience Childcare

    1.28 miles

  • KinderCare

    1.35 miles

  • Homey-Home Day Care

    1.99 miles

  • Bright Horizons

    2.42 miles

  • Tutor Time

    2.48 miles

  • Advance Preschool

    2.83 miles

  • KinderCare

    3.39 miles

  • Hoffman Estates KinderCare

    3.41 miles

  • Kindercare

    3.64 miles

  • Kinder Care

    4.24 miles

Frequently Asked Questions

What is the total square footage of Schaumburg Tech Center II?

Schaumburg Tech Center II totals 33,930 square feet.

When was Schaumburg Tech Center II last sold?

Schaumburg Tech Center II was last sold on 05 Oct, 2021.

What is the property tax for Schaumburg Tech Center II?

The property tax for Schaumburg Tech Center II in 2022 was $128,814.

What is the market value for Schaumburg Tech Center II?

The market value* for Schaumburg Tech Center II in 2022 was $3,637,924.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

Looking for more in-depth information on this property?

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