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.
| MLS # | 12636166 |
|---|---|
| Listing Type | For Sale |
| Style | Retail/stores |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1970 |
| Days On Site | 85 |
| Listing Provided By | @properties Christie's International Real Estate | Nicole Hurt |
| SQ Feet | 5,000 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
| Cooling | Central Air |
|---|
| Electric | Circuit Breakers |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 19674.08 |
| State | IL |
|---|---|
| County | Cook |
| City | Des Plaines |
| Zip Code | 60018 |
| Area | Des Plaines |
| Listing VS Median (in 60018) | |
Price: $650,000 low | high Med: $539,950 sqft: 5,000 low | high Med: 2,026 $ / sqft: $130 low | high Med: $268 On site: 85 low | high Med: 16 | |
| State | IL |
|---|---|
| County | Cook |
| City | Des Plaines |
| Zip Code | 60018 |
| Area | Des Plaines |
| Listing VS Median (in 60018) | |
Price: $650,000 low | high Med: $539,950 sqft: 5,000 low | high Med: 2,026 $ / sqft: $130 low | high Med: $268 On site: 85 low | high Med: 16 | |