Des Plaines, IL 60016 38 N Broadway Street
$325,000



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Presented By: Keller Williams Thrive
Home Details
Turn key opportunity to own a commercial investment property in Des Plaines next to of Mt. Prospect. All 5 units are rented with annual income of $36,300. Property taxes only $11,000. Street parking on both sides of Broadway. Nearly 2000 square foot building with updated interior, two washrooms and kitchenette. Front and side entrances. Garage door for loading and unloading access. Across from Des Plaines - Cumberland METRA station and on PACE bus route. Well built and excellently maintained building. ** Note: Unit #3, 20 x 14.8 will be available for rent $750 beginning July 1, 2026
Presented By: Keller Williams Thrive
General for 38 N Broadway Street
Additional Parcels Y/NNo
CityDes Plaines
CoolingCentral Air
CountyCook
Current UseCommercial, Office, Medical/Dental
DirectionsOff of Northwest Highway/Route 14, North on Broadway
ElectricCircuit Breakers
Gross Income36300
Leasable Area
Lot Size Square Feet2625
MLS AreaDes Plaines
Net Operating Income18356
Number Of Units Total5
Operating Expense6932
Possible UseCommercial, Office, Retail, Elderly Housing, Single Room Occupancy
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount11012
Tax Year2024
TownshipMaine
Year Built1962
ZoningCOMMR
Exterior for 38 N Broadway Street
Building Area Total1950
Frontage TypeCity Street
Lot Dimensions35 x 75
Additional Details
Price History

SQFT • 1,950