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9662 GOLF TERRACE Street Des Plaines, IL $ 1,200,000
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9662 GOLF TERRACE Street
$ 1,200,000
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9662 GOLF TERRACE Street

Des Plaines, IL, 60016
$ 1,200,000
Bedrooms11 Baths0.0 Sq 5,000

Monthly Estimate*

$ 7,389

9662 GOLF TERRACE Street, Des Plaines, IL 60016 - Image 1
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Multi-Family Home for sale in Des Plaines, IL

for $1,200,000 with 11 bedrooms. This 5,000 square foot home was built in 1968.

Turnkey, cash-flowing 6-unit investment in the heart of Des Plaines. Property is fully leased to quality tenants, delivering immediate, consistent rental income from day one. Fully renovated with modernized units and major capital improvements already completed, including a new roof, new windows, new plumbing, and new electrical, minimizing future maintenance and capital expenses. Desirable location near shopping, dining, and recreation ensures strong tenant demand and long-term occupancy. Strategically priced for the area, making this an excellent opportunity for investors seeking stable cash flow, reduced risk, and long-term appreciation. True turnkey asset that adds to your portfolio with confidence.

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

11

Property Type

Multi-Family

Taxes

$ 14,000

Style

Multi-Family

Year Built

1968

Town/City

Des Plaines

County/Region

Cook

MLS | Web ID

12538271
Features
General
Cooling Window Unit(s)
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1968
Electric Circuit Breakers
Tenant Pays Electricity
Stories Count 3
Tax Year 2024
Current Use Multi-Family
Gross Income 116054
County Cook
Net Operating Income 75000
Operating Expense 0
Insurance Expense 2500
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions On corner Golf & Dee Rd
City Des Plaines
Number Of Units Total 6
MLS Area Des Plaines
Tax Annual Amount 14000
Electric Expense 2000
Fuel Expense 0
Trash Expense 700
Water Sewer Expense 3005
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5000
Lot Dimensions 55X109
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* Excluded Features
List By
Prime Real Estate Solutions

Broker

alka@clsolutionscorp.com;prajesh2001@yahoo.com

Email

Affordability Calculator

$8,555
Per Month
86%
14%
0%
Monthly Principal & Interest
$7,389
Monthly Property Taxes
$1,167
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/2/2026$1,200,000 Listed Price

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9662 GOLF TERRACE Street, Des Plaines, IL, 60016 is a Multi-Family Home for sale at $1,200,000 with 5,000 sqft. 9662 GOLF TERRACE Street has 11 bedrooms, 0.0 baths, and was built in 1968. The property's zip code is 60016 which is in Des Plaines, IL

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