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1667-1675 E oakton Street Des Plaines, IL $ 650,000
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1667-1675 E oakton Street
$ 650,000
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1667-1675 E oakton Street

Des Plaines, IL, 60018
$ 650,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 4,002

1667-1675 E oakton Street, Des Plaines, IL 60018 - Image 1
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Commercial Property for sale in Des Plaines, IL

for $650,000. This 5,000 square foot building was built in 1970 on a lot size of 0.21522.

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.

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Commercial Active

Price

$ 650,000

Property Type

Commercial

Taxes

$ 19,674

Style

Retail

Lot Size

0.21522

Year Built

1970

Town/City

Des Plaines

County/Region

Cook

MLS | Web ID

12636166
Features
General
Cooling Central Air
Year Built 1970
Electric Circuit Breakers
Stories Count 1
Tax Year 2024
Gross Income 6100
Business Type Retail
Additional Parcels Description 09281010050000 09281010060000
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 46196
Operating Expense 27004
Property Type Commercial Sale Retail/Stores
Status New
Directions From Lee and Oakton East to 1667
City Des Plaines
Number Of Units Total 5
MLS Area Des Plaines
Lot Size Square Feet 9375
Tax Annual Amount 19674.08
Additional Parcels Y/N Y
Leasable Area 5000
Standard Status Active
Cap Rate 7.1
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Exterior
Building Area Total 5000
Lot Dimensions 75 X 125
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

nikkihurt@atproperties.com

Email

Affordability Calculator

$5,642
Per Month
71%
29%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$1,640
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
6/3/2026$650,000 Listed Price

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1667-1675 E oakton Street, Des Plaines, IL, 60018 is a Commercial Property for sale at $650,000 with 5,000 sqft and a lot size of 0.21522. 1667-1675 E oakton Street was built in 1970. The property's zip code is 60018 which is in Des Plaines, IL

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