Commercial > Office
Sold
06/06/2018
Sold Price
$86,800,000$289/ft²
1450 American Ln
Schaumburg, IL 60173
- -Bed
- -Bath
- 300,000ft²Living Area
- 9.3acLot Size
- -Pool
- -Car
- 1988Year Built
- -DOM
- 25Permits
1450 American Ln, Schaumburg, IL 60173 is a 300,000 ft² commercial office property property built in 1988 on a 9.290 acre lot with 25 construction permits. This commercial office property is currently off market, and it was last sold in 2018 for $86,800,000.
Permits
1450 American Ln has 25 permit records of total value of $4,025,356.
Permit History
25
Permits
$4,025,356
Total Permit Value
July 7, 2017
Description: Zoning b3 - insurance companyStatus: completeType: Nt occupancyApplicant: Canopius Us Insurance IncEffective Date: 2017-07-07Permit Number: 201307776
July 7, 2017
Description: Zoning b3 - human resources services providerStatus: completeType: Business license notificationApplicant: Randstad Inhouse Services LpEffective Date: 2017-07-07Permit Number: 201304256
July 7, 2017
Description: Zoning b3 - human resources services providerStatus: completeType: Nt occupancyApplicant: Randstad Inhouse Services LpEffective Date: 2017-07-07Permit Number: 201303749
July 7, 2017
Description: Luminous egress path markings in stariwellsJob Value: $75,000Status: completeType: Misc/operationalApplicant: Zurich AmericanEffective Date: 2017-07-07Permit Number: 201306108
March 3, 2016
Description: Install 2 pit laddersJob Value: $5,934Status: completeType: Elevator newEffective Date: 2016-03-03Permit Number: 201506273
October 14, 2015
Description: Zoning b3 - food service-employee cafe (ancillary)Status: completeType: Nt occupancyApplicant: Sodexo at Zna Schaumburg CafeEffective Date: 2015-10-14Permit Number: 201503932
October 1, 2015
Description: Zoning b3 - facilities management officeStatus: completeType: Nt occupancyApplicant: Sodexo at Zna Schaumburg AdminEffective Date: 2015-10-01Permit Number: 201503846
January 30, 2015
Description: Zoning b3 - officetenant alteration 4th and 5th floorsJob Value: $350,000Status: completeType: Alterations - officeEffective Date: 2015-01-30Permit Number: 201403358
January 28, 2015
Description: Zoning b3 - officeinterior office building out 13th floorJob Value: $1,000,000Status: completeType: Alterations - officeEffective Date: 2015-01-28Permit Number: 201403555
November 25, 2014
Description: Install sprinkler system13th floor - tower 2Job Value: $34,200Status: completeType: SprinklerEffective Date: 2014-11-25Permit Number: 201403813
November 13, 2014
Description: Install fire alarm system4th floorJob Value: $1,008Status: completeType: Fire alarmEffective Date: 2014-11-13Permit Number: 201404060
November 13, 2014
Description: Install fire alarm system5th floorJob Value: $860Status: completeType: Fire alarmEffective Date: 2014-11-13Permit Number: 201404278
October 22, 2014
Description: Install sprinkler system5th floorJob Value: $2,040Status: completeType: SprinklerEffective Date: 2014-10-22Permit Number: 201404059
October 22, 2014
Description: Install sprinkler system4th floorJob Value: $2,040Status: completeType: SprinklerEffective Date: 2014-10-22Permit Number: 201404058
July 10, 2013
Description: Zoning b3 - home health care and rehabsuites 1457Status: completeType: Nt occupancyApplicant: Paramount Home Health CareEffective Date: 2013-07-10Permit Number: 201103718
January 15, 2013
Description: Zoning b3 - officeinterior office remodelJob Value: $10,000Status: completeType: Alterations - officeApplicant: Zurich AmericanEffective Date: 2013-01-15Permit Number: 201202588
October 18, 2012
Description: 17th floor tower 2Job Value: $1,144Status: completeType: SprinklerApplicant: Zurich American Ins CoEffective Date: 2012-10-18Permit Number: 201203642
May 14, 2012
Description: Interior remodel tenant renovationJob Value: $700,000Status: completeType: Alterations - officeApplicant: Zurich InsuranceEffective Date: 2012-05-14Permit Number: 201101788
April 23, 2012
Description: Zoning b3 - insurance officescurrent tenant expansionJob Value: $20,000Status: completeType: Alterations - officeApplicant: Omega Us Insurance IncEffective Date: 2012-04-23Permit Number: 201200350
June 2, 2011
Description: Roof removal and replacementJob Value: $1,191,130Status: completeType: Reroof - commercialEffective Date: 2011-06-02Permit Number: 201003706
April 18, 2011
Description: Zoning b-3 roof mounted antennainstall radio antenna on existing office towerJob Value: $60,000Status: completeType: Antenna - commercialEffective Date: 2011-04-18Permit Number: 201000414
February 17, 2011
Description: Zoning b3 - employment agencyStatus: completeType: Nt occupancyApplicant: Mark/ryan Associates LtdEffective Date: 2011-02-17Permit Number: 201100492
September 24, 2010
Description: Zoning b3 - shared office suiteStatus: completeType: Nt occupancyEffective Date: 2010-09-24Permit Number: 201007805
September 8, 2010
Description: Zoning b3 - insurance officefarmers insurance interior alterationJob Value: $572,000Status: completeType: Alterations - officeEffective Date: 2010-09-08Permit Number: 201003221
May 11, 2009
Description: Zoning b3 - online computer sales and servicesStatus: completeType: Nt occupancyApplicant: Fujitsu America IncEffective Date: 2009-05-11Permit Number: 200902564
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2021$2,202,353.75From latest Total Assessed Value30.31%Total Assessed Value$7,266,275=Land+
Assessed Value$1,327,689Additions
Assessed Value$5,938,586
In 2021, taxes billed for 1450 American Ln were $2,202,353.75, which is 30.31% from latest Total Assessed Value of $7,266,275.
Property History
1450 American Ln has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 1450 American Ln
Hazard Risks
Tornado189Wind155Hail127Ozone122Air Pollution118Nat'l Avg100Particulates93Weather91Carb Mono79Lead57Earthquake50Hurricane13
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 1450 American Ln.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
1450 American Ln has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
16°F
High
32°F
Summer
Average
Low
60°F
High
82°F
In the winter at 1450 American Ln, temperatures range from 15.78°F to 32.29°F with an average of 24.04°F. In the summer, the temperature ranges from 59.62°F to 81.89°F with and average of 70.76°F.
School Information
Public/private schools serving 1450 American Ln
Public Schools
J B Conant High School
Grades: 9-12
1.18 mi
A-
Lincoln Prairie School
Grades: KG-8
2.59 mi
B+
Fairview Elementary School
Grades: KG-6
1.48 mi
A-
Margaret Mead Jr High School
Grades: 7-8
2.56 mi
A
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 1450 American Ln have ratings undefined, undefined, undefined, and undefined.
Neighborhood
This property is located in Schaumburg.
Seasonal Housing units 60173
36%of housing is for seasonal rent.
Daytime Population for 60173
+311%of people during work hours.
Boundary map of Schaumburg.
Crime Index for 60173
104
104
The crime index in 60173 is 104, which is 1.0 times higher than national average.
Market Trends
Historical market data near 1450 American Ln over selected time period.
Nearby Properties on American Ln
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