1345 E Prairie Avenue Des Plaines, IL $ 999,900
1345 E Prairie Avenue
$ 999,900
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1345 E Prairie Avenue

Des Plaines, IL, 60016
$ 999,900
Bedrooms-- Baths--

Monthly Estimate*

$ 6,313

1345 E Prairie Avenue, Des Plaines, IL 60016 - Image 1
1345 E Prairie Avenue, Des Plaines, IL 60016 - Image 2
1345 E Prairie Avenue, Des Plaines, IL 60016 - Image 3
1345 E Prairie Avenue, Des Plaines, IL 60016 - Image 4

Commercial Property for sale in Des Plaines, IL

for $999,900. This building was built in 2026 on a lot size of 0.27.

Rare Shovel-Ready Development Opportunity in the Heart of Downtown Des Plaines! An exceptional opportunity for a developer or builder to take over a fully entitled project in one of Chicago's most active suburban markets. The current owner has completed the extensive entitlement process, and the sale includes approved plans and permits, allowing the next owner to begin construction without the time, expense, and uncertainty typically associated with development approvals. Perfectly positioned in Des Plaines' thriving downtown district, this site offers an outstanding walkable location just steps from the Des Plaines Metra station, making commuting to downtown Chicago exceptionally convenient. Future residents will enjoy easy access to Metropolitan Square, the Des Plaines Public Library, neighborhood parks, grocery stores, coffee shops, boutique shopping, and an expanding collection of popular restaurants, and local businesses. With numerous new restaurants, retail establishments, and mixed-use developments continuing to open nearby, the area is experiencing tremendous growth and investment. Whether you're an experienced developer looking to accelerate your next project or a builder seeking a streamlined path from acquisition to construction, this is a unique opportunity to acquire a shovel-ready development in one of the Northwest suburbs' most desirable and rapidly evolving downtown locations. Opportunities like this are increasingly rare-capitalize on the months of planning and approvals already completed and bring this exciting project to life.

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Commercial Active

Price

$ 999,900

Property Type

Commercial

Taxes

$ 14,831

Style

Special Use

Lot Size

0.27

Year Built

2026

Town/City

Des Plaines

County/Region

Cook

MLS | Web ID

12714041

Features
General
Cooling Central Air
Zoning MULTI
Year Built 2026
Stories Count 4
Township Maine
Tax Year 2024
Current Use Special Use
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Instut/To Develop
Possible Use Conditional Use Condominium Multi-Family
Status New
Directions Graceland south of downtown Des Plaines to Prairie. one block from Metra station
City Des Plaines
MLS Area Des Plaines
Lot Size Square Feet 12000
Tax Annual Amount 14831
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Lot Dimensions 100x120
Lot Size Acres 0.27
Frontage Type City Street Signal Intersection
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

mikestangel@atproperties.com

Email

Affordability Calculator

$7,549
Per Month
84%
16%
0%
Monthly Principal & Interest
$6,313
Monthly Property Taxes
$1,236
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
Pricing History
DatePricePrice ChangeDescription
7/23/2026$999,900 Listed Price

Map


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1345 E Prairie Avenue, Des Plaines, IL, 60016 is a Commercial Property for sale at $999,900 with a lot size of 0.27. 1345 E Prairie Avenue was built in 2026. The property's zip code is 60016 which is in Des Plaines, IL