Des Plaines, IL 60016 8807 Dee Road

Presented By: RE/MAX City
  • MLS# 12554446
  • 01/25/2026
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  • Beds • 9
  • SQFT • 4,928

Home Details

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. 5 of 6 units 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.
Presented By: RE/MAX City

Interior Features for 8807 Dee Road

Other Interior Features

BasementFinished

General for 8807 Dee Road

Additional Parcels Y/NNo
Cap Rate10.9
CityDes Plaines
Construction MaterialsConcrete, Brick
ContingencyAttorney/Inspection
CoolingWall Sleeve
CountyCook
Current UseMulti-Family
DirectionsMilwaukee WEST 2 Golf Rd SOUTH 2 Dee Rd 2 the property
ElectricCircuit Breakers
Electric Expense300
Fuel Expense3180
Gross Income117900
Insurance Expense3776
Lot Size Square Feet7822
MLS AreaDes Plaines
MaintenanceExpense
Net Operating Income106380
Number Of Units Total6
Operating Expense11520
PossessionClosing
Possible UseCondominium
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount16269.32
Tax Year2023
Tenant PaysElectricity
TownshipMaine
Trash Expense2640
Water Sewer Expense5400
Year Built1969
ZoningMULTI

Exterior for 8807 Dee Road

Building Area Total4928
BuyerOfficeFax(708) 456-3836
Lot Dimensions81X 87

Additional Details

Price History

Client Care

Price $899,900
MLS#12554446
List Date 01/25/2026
Property Type Contingent
Phone 847.485.2500
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