1815-25 E Oakton Street,Des Plaines, IL 60018
Des Plaines, IL 60018
Description
Rare mixed-use owner-user and investment opportunity along highly visible E. Oakton Street in Des Plaines. Offering approximately 6,274 square feet of measured commercial and residential space, this brick property combines a versatile first-floor commercial configuration with two residential apartments above. The first floor is currently occupied by an established HVAC business and features reception and office areas, work and storage space, two bathrooms, an attached garage with overhead door access, and 10 outdoor parking spaces. The second floor consists of two residential apartments, each with its own electric heat, through-wall A/C, water heater and laundry. One apartment is currently occupied and the second is vacant, creating an immediate value-add opportunity for a new owner. Additional features include six separate electric meters, 200-amp electrical service, excellent Oakton Street visibility, and convenient access to I-90, I-294 and O'Hare International Airport. C-3 zoning provides additional flexibility for prospective owner-users and investors, subject to City approval and buyer verification of intended use. An excellent opportunity for an owner-user seeking supplemental rental income or an investor looking to reposition and maximize the property's income potential.
Details
| MLS # | 12705101 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1973 |
| Days On Site | 17 |
| Listing Provided By | Baird & Warner | Miguel Ruiz |
Features
| SQ Feet | 7,070 |
|---|---|
| Story(s) | 2 |
| Units | 4 |
| Zoning | COMMR |
| Acreage | 0.07 |
Interior
| Cooling | Window Unit(s) |
|---|
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Electric | Service - 101 to 200 Amps |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 7489.15 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Des Plaines |
| Zip Code | 60018 |
| Area | Des Plaines |
| Listing VS Median (in 60018) | |
Price: $850,000 low | high Med: $499,950 sqft: 7,070 low | high Med: 1,656 $ / sqft: $120 low | high Med: $316 On site: 17 low | high Med: 70 | |
Market Activity 60018
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Des Plaines |
| Zip Code | 60018 |
| Area | Des Plaines |
| Listing VS Median (in 60018) | |
Price: $850,000 low | high Med: $499,950 sqft: 7,070 low | high Med: 1,656 $ / sqft: $120 low | high Med: $316 On site: 17 low | high Med: 70 | |
