$ 945,000
-
$945,000
Price -
0
Bed -
0
Bath -
4,928
SqFt
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About the Listing 17299 - 108420
Welcome to 8807 Dee Rd. in Des Plaines; a rare opportunity to own a solid six-unit residential building in a highly desirable location! This well-maintained property offers a fantastic blend of stability and potential, making it ideal for both seasoned investors and those looking to start or expand their real estate portfolio. All units are currently rented, providing immediate income, yet the property still offers clear value-add potential with some below-market rents and flexible month-to-month tenancies. The next owner will enjoy the freedom to update units, raise rents to market, and quickly enhance long-term returns. Nestled on a quiet residential subdivision just minutes from shopping, dining, Metra, and major expressways, this building delivers both convenience and investment security. With solid construction, spacious layouts, and great tenants already in place, 8807 Dee Rd. is a rare find in today's low-inventory market. Whether you're seeking stable cash flow or looking for your next project with upside, this is the one you've been waiting for. Current rents below market. Building operating at Fully stabilized Potential Rent = $9,825/month ($117,900 annually). Buyer to verify.
Listing Highlights
Status
Active
Days on Site
2
Property Type
Multi-Family
MLS ®
12537509
Year Built
1969
Total Square Footage
4,928
Lot/Acreage
0.18
County
Cook
Area
Des Plaines
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall Sleeve
- Heating: Central Bldg Heat,Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 81X 87
- Zoning: MULTI
- Roof: Composition
- Others:
- Sewer:
- Parking Features: 6-12 Spaces
Financial Details
- Tax Amount: $16,269
- Taxes w/Assessments: N/A
- Tax/Property ID: 09153070850000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
8807 Dee Rd Des Plaines, IL 60016
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