National India Hub Foundation Acquires Schaumburg Office Building For $3.52M

An office building located at 930 National Parkway in Schaumburg, IL, has been sold for $3,520,000. The property spans 106,380 square feet, with a price per square foot of $33. The sale was facilitated by Lee & Associates on behalf of Somoha, LLC. The buyer in this transaction is the National India Hub Foundation, a national Indian-American organization.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $3,520,000
• SF: 106,380
• PPSF: $33
• Address: 930 National Parkway, Schaumburg, IL
• Market: Schaumburg

Ryan Freed and Tony Russo of Lee & Associates served as the brokers in this deal. The National India Hub Foundation plans to transform the property into a community center, offering amenities such as a charity clinic, conference rooms, and indoor sports facilities.