Des Plaines, IL 60018 1667-1675 E oakton Street
$650,000
10 more
Presented By: @properties Christie's International Real Estate
SQFT • 5,000
Home Details
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.
Presented By: @properties Christie's International Real Estate
General for 1667-1675 E oakton Street
Additional Parcels Description09281010050000, 09281010060000
Additional Parcels Y/NYes
Assoc Fee Paid PerNot Applicable
Business TypeRetail
Cap Rate7.1
CityDes Plaines
CoolingCentral Air
CountyCook
DirectionsFrom Lee and Oakton East to 1667
ElectricCircuit Breakers
Gross Income6100
Leasable Area5000
Lot Size Square Feet9375
MLS AreaDes Plaines
Net Operating Income46196
Number Of Units Total5
Operating Expense27004
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount19674.08
Tax Year2024
Year Built1970
Exterior for 1667-1675 E oakton Street
Building Area Total5000
Lot Dimensions75 X 125
Additional Details
Price History
