Schwannoma, neurilemmoma, is well capsulated, slowly growing tumor originating from benign neoplastic Schwann cells of the peripheral nerve sheath. Due to its rarity and complex anatomical location they can pose the misdiagnosis at clinical evaluation. A total surgical excision with a safety margin was performed for 63 year-old male with the complaints of painless lump at the axillary region for 4 months and the diagnosis of axillary Schwannoma confirmed by the histopathological examination and immunohistochemistry. Although its rarity, Schwannoma should be kept in mind for the differential diagnosis of axillary masses. Its complete resection represents the cure for indicated cases.