Des Plaines, IL 60016 8713 W Ballard Road

8713 W Ballard Road Des Plaines, IL - Image 18713 W Ballard Road Des Plaines, IL - Image 28713 W Ballard Road Des Plaines, IL - Image 3
31 more
8713 W Ballard Road Des Plaines, IL - Image 48713 W Ballard Road Des Plaines, IL - Image 58713 W Ballard Road Des Plaines, IL - Image 68713 W Ballard Road Des Plaines, IL - Image 78713 W Ballard Road Des Plaines, IL - Image 88713 W Ballard Road Des Plaines, IL - Image 98713 W Ballard Road Des Plaines, IL - Image 108713 W Ballard Road Des Plaines, IL - Image 118713 W Ballard Road Des Plaines, IL - Image 128713 W Ballard Road Des Plaines, IL - Image 138713 W Ballard Road Des Plaines, IL - Image 148713 W Ballard Road Des Plaines, IL - Image 158713 W Ballard Road Des Plaines, IL - Image 168713 W Ballard Road Des Plaines, IL - Image 178713 W Ballard Road Des Plaines, IL - Image 188713 W Ballard Road Des Plaines, IL - Image 198713 W Ballard Road Des Plaines, IL - Image 208713 W Ballard Road Des Plaines, IL - Image 218713 W Ballard Road Des Plaines, IL - Image 228713 W Ballard Road Des Plaines, IL - Image 238713 W Ballard Road Des Plaines, IL - Image 248713 W Ballard Road Des Plaines, IL - Image 258713 W Ballard Road Des Plaines, IL - Image 268713 W Ballard Road Des Plaines, IL - Image 278713 W Ballard Road Des Plaines, IL - Image 288713 W Ballard Road Des Plaines, IL - Image 298713 W Ballard Road Des Plaines, IL - Image 308713 W Ballard Road Des Plaines, IL - Image 318713 W Ballard Road Des Plaines, IL - Image 328713 W Ballard Road Des Plaines, IL - Image 338713 W Ballard Road Des Plaines, IL - Image 348713 W Ballard Road Des Plaines, IL - Image 35
Presented By: HomeSmart Connect
  • MLS# 12634779
  • 05/01/2026
  • Request Tour
  • Request Info
  • Beds • 3

Home Details

Well-maintained 6-unit, fully occupied multifamily building in Des Plaines offering strong, consistent cash flow. The property generates approximately $120,000+ in annual income with an estimated NOI of $84,000/year. All units are tenant-occupied with long-term tenancy ranging from 10-25+ years, providing stability and minimal turnover. Tenants pay all utilities, helping to keep operating expenses low. Additional income is generated through coin-operated laundry. The property includes parking for all units and has seen major system updates, including a new roof that will be installed by mid May, contributing to overall maintenance and longevity. This is an excellent opportunity for investors seeking a stable, income-producing asset in a desirable suburban Chicago location. Property is being sold AS-IS.
Presented By: HomeSmart Connect

Interior Features for 8713 W Ballard Road

Other Interior Features

BasementNone
Total Fireplaces

General for 8713 W Ballard Road

Additional Parcels Y/NNo
Association Fee IncludesInsurance, Exterior Maintenance, Lawn Care, Snow Removal
CityDes Plaines
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
DirectionsE Dempster Street West of N Milwaukee Avenue to N Greenwood Avenue North to Ballard Road West
ElectricCircuit Breakers
Electric Expense1114
Fuel Expense1003
Gross Income120000
Insurance Expense
MLS AreaDes Plaines
MaintenanceExpense
Net Operating Income86030
Number Of Units Total6
Operating Expense33970
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofComposition
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount23036
Tax Year2023
Tenant PaysElectricity, Heat, Water
TownshipMaine
Trash Expense1541
Water Sewer Expense1484
Year Built1989
ZoningCOMMR

Exterior for 8713 W Ballard Road

Foundation DetailsConcrete Perimeter
Lot Dimensions357 x 181
Lot Size Acres0.41
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $1,200,000
MLS#12634779
List Date 05/01/2026
Property Type Contingent
Phone 847.485.2500
Request Tour
Request Info
Visit My Website

Similar Properties to 8713 W Ballard Road