Schaumburg Towers II — Sale in Schaumburg, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Schaumburg, IL 60173

Description

The property was built in 1986 and most recently renovated in 2018. The towers offer unobstructed views of the downtown Chicago skyline, a nearby 3,700 acre nature preserve and the greater Schaumburg area. The property is located directly opposite the 2.25-million-SF Woodfield Mall, which is a regional mall in northwest suburban Chicago. Schaumburg Towers has good access to nearby I-90, I-355 toll road and the I-290 expressway and is one of the tallest, most visible structures in the submarket. Chicago O'Hare is approximately 10 miles away.

Market Context

This office in Schaumburg, IL is listed for sale. It has been on the market for 140 days. Compare it against other office listings for sale in Schaumburg, IL — view the full market.

As of Q1 2026, the Chicago office market showed a 26.9% vacancy rate, average asking rents near $45.41/SF/yr, rents up 5.2% year over year, and cap rates around 9.8%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Office market FAQ

What is the typical cap rate for office in Chicago?
About 9.8% as of Q1 2026, per multiple brokerage reports.
Is the Chicago office market tightening or softening?
Vacancy is around 26.9%, with asking rents rising year over year (Q1 2026).

Contact

Explore this market

Similar Office for Sale in Schaumburg, IL