$650,000

1667-1675 E oakton Street, Des Plaines, IL 60018

  • 5,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1970
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $130/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

5-unit, single level brick neighborhood strip center located on the most vibrant commercial stretch in Des Plaines. Surrounded by historical local businesses and conveniently close to the 294 Highway. Ample street parking for customers and rear parking for the tenants. 4 units rented and 1 rehabbed vacancy for lease (Asking $1,500) or perfect for a building owner / operator. 3 contiguous PINs (09-28-101-004, 005, 006). Monthly income of $6,100 assumes vacant space rents for $1,500. NOI: $46,196. Op-Ex $27,004.08 = Taxes - $19,674.08, Insurance $4,756, Utilities $2,574. 7.1 CAP. NOI presented on self-managed basis. Zoned C-3 General Commercial: retail, office, service, restaurant by-right.

Listing Status:
Active
Data Last Updated:
July 7, 2026 at 7:19AM
Listing Office:
@properties Christie's International Real Estate : 630-802-4878
Listing Agent:
Nicole Hurt : 630-802-4878
MLS ID:
12636166
  • A/C: Central Air
  • HOA Amenities: Not Applicable
  • Originating MLS: mred
  • County: Cook
  • Zoning: 09281010040000
  • Utilities: Circuit Breakers
  • Source: mred

This listing courtesy of Nicole Hurt , @properties Christie's International Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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