Woodfield Grove Office Center — Sale in Schaumburg, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Office
- Location: Schaumburg, IL
Investment Figures
- Cap rate
- 10.20%
Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.
Description
Market Context
This office in Schaumburg, IL is listed for sale. It is offered at an approximate 10.2% capitalization rate, a key benchmark for income-producing office assets. It has been on the market for 101 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.
Its 10.2% asking cap rate is above the Chicago office market average of about 9.8%, implying a higher yield (and typically more risk or upside) than comparable assets. 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).
Explore this market
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