1700 Penny Lane

For Sale

1700 Penny Lane, Schaumburg, IL 60173

This Schaumburg property for sale is located at 1700 Penny Lane. The general use of 1700 Penny Lane is industrial and it incorporates 34,186 square feet of class B industrial space. Contact the listing broker for details on the current sale price for 1700 Penny Lane. 1700 Penny Lane is situated on a lot that is 6.75 acre in size.

Contacts

Ryan Moen

Versa Real Estate Services

Property Details

  • Property Type Industrial
  • Property Size 34,186 SF
  • Lot Size 6.75 Acre
  • Parking Spaces Avail. 89
  • Parking Ratio 2.60 / 1,000 SF
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1993
  • Date Updated Mar 23, 2026
  • Clear Height 18'
  • Dock High Doors 1
  • Drive-In Doors 2
  • Office Area 4,000 SF
  • Warehouse Area 30,980 SF
  • Electricity Service 1600 amp 480v

Versa Real Estate Services is pleased to exclusively present a rare opportunity to acquire a highly functional industrial facility located at 1700 Penny Road in Schaumburg, Illinois. The offering includes a 34,980 SF industrial building situated on 6.75 acres, providing significant expansion potential for a total building size of up to 100,000 SF. The facility includes approximately 4,000 SF of fully furnished Class A office space, offering a turnkey administrative environment. The warehouse features 18-foot clear height, 1,600 amps (480v) 3-phase power, two overhead doors with a dock, and is equipped with both a 3-ton crane and a 15-ton crane, supporting a variety of heavy industrial uses.

Major capital upgrades have been completed, including a roof replacement in 2015 with a 15-year warranty and the installation of three new rooftop units in 2022. The site also provides 89 parking spaces to support both office and industrial personnel.

Strategically positioned along Interstate 90, the property offers exceptional access to the broader Chicagoland interstate network, making it an ideal location for distribution, manufacturing, and service-based operations. With its robust infrastructure, strategic location, and substantial land for future expansion, the property represents an exceptional opportunity for an owner-user seeking a well-located industrial facility with long-term growth potential.

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Location

  • City Schaumburg, IL
  • Zip Code 60173
  • Market Chicago

Points of Interest

  • Arlington Park

    3.56 miles

  • Palatine

    3.71 miles

  • Arlington Heights

    4.20 miles

  • Mount Prospect

    6.33 miles

  • Barrington

    7.41 miles

  • Bartlett

    7.95 miles

  • Wood Dale

    7.99 miles

  • Des Plaines

    8.92 miles

  • Terminal 1

    9.65 miles

  • Costco Gasoline

    0.83 miles

  • BP

    0.96 miles

  • Mobil

    1.08 miles

  • Shell

    1.27 miles

  • eVgo

    1.38 miles

  • Tesla

    1.67 miles

  • Marathon

    2.24 miles

  • Tesla Supercharger

    3.35 miles

  • ChargePoint

    3.39 miles

  • EVgo

    6.55 miles

  • Enterprise

    0.80 miles

  • Shell

    1.01 miles

  • Dream Clean Auto Wash

    1.22 miles

  • Busy Bee

    2.15 miles

  • Hertz

    2.20 miles

  • Budget

    2.23 miles

  • Mobil

    2.31 miles

  • Premier Car Wash

    3.98 miles

  • Three Oaks Car Wash & Detail Center

    4.52 miles

  • Pirgos Trans Inc

    4.53 miles

  • Red Lobster

    0.64 miles

  • Guzman Y Gomez

    0.70 miles

  • Buffalo Wild Wings

    0.71 miles

  • Brousko

    0.71 miles

  • Panera Bread

    0.73 miles

  • Five Guys

    0.74 miles

  • Chick-fil-A

    0.74 miles

  • Einstein Bros. Bagels

    0.74 miles

  • McDonald's

    0.74 miles

  • Jimmy John's

    0.74 miles

Contact Listing Broker
Ryan Moen

Versa Real Estate Services

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