Executive Summary
With approximately 6,000 square feet of building space and nearly 28,000 square feet of yard area, the property is well suited for contractors, fleet-based businesses, equipment storage, and other outdoor industrial users that require both warehouse functionality and usable yard space.
Opportunities with this level of yard capacity are limited within the Schaumburg industrial market.
The property also aligns with the growing demand for Industrial Outdoor Storage (IOS) and Industrial Service Facility (ISF) sites across the Chicago industrial market. IOS properties provide large secured yards for equipment, fleet vehicles, containers, and materials, while ISF properties combine functional warehouse space with outdoor operational areas for service-based businesses. With its low 13% site coverage and extensive paved yard, 515 W Lunt Ave represents a format that is increasingly difficult to find in established industrial parks such as Schaumburg. The configuration supports a wide range of operational users that rely on both indoor and outdoor space to efficiently run their businesses.
Businesses interested in leasing the property can contact Timothy Keenan for additional details, availability, and lease terms.
