1255 Lee Street Des Plaines, IL $ 1,350,000
1255 Lee Street
$ 1,350,000
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1255 Lee Street

Des Plaines, IL, 60018
$ 1,350,000
Baths0.0 Sq 3,743

Monthly Estimate*

$ 8,973

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Studio

Commercial Property for sale in Des Plaines, IL

for $1,350,000. This 3,743 square foot building was built in 1986 on a lot size of 1.01001.

Welcome to a prime commercial opportunity in Des Plaines, Illinois! This expansive property boasts a 1-acre lot, providing ample space for showcasing inventory with parking for over 120 cars. The building features a total of 3,743 square feet, including a well-appointed 1,400-square-foot office area with four private offices, ideal for administrative tasks and client meetings. The property's 2,200-square-foot maintenance area is equipped with three lifts and three doors, including two 10x10 doors and one 10x15 door, facilitating smooth operations and easy access. The maintenance area also includes two heaters, ensuring a comfortable working environment year-round. Completely remodeled in 2015, the office areas offer a modern and professional space for conducting business. The property is further enhanced with sprinklers, providing added safety and peace of mind. With C3 zoning, this property offers flexibility for a variety of commercial uses. Its maintenance-free brick exterior adds to the property's appeal and durability. This property presents an outstanding investment opportunity, whether you're looking to purchase or lease. The offering price for purchase is $1,350,000, or consider a lease at $30 per square foot on a triple net lease basis. Don't miss out on this chance to secure a prominent location in a high-traffic area near downtown Des Plaines, O'Hare airport, and major highways. Schedule your viewing today!

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Commercial Active

Price

$ 1,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 62,925

Style

Commercial

Lot Size

1.01001

Year Built

1986

Town/City

Des Plaines

County/Region

Cook

MLS | Web ID

12020107

Features
General
Cooling Central Air
Zoning COMMR
Construction Materials Brick
Year Built 1986
Electric Service - 101 to 200 Amps Service - 201 to 600 Amps
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Insurance Repairs Roof Scavenger Structure Tax Stops Sewer Other Varies by Tenant Recapture Fee
Stories 1
Property SubType Automotive
Tax Year 2022
Current Use Commercial
County Cook
Net Operating Income 112290
Property Type Commercial Sale Retail/Stores
Status Active
Directions just south of Algonquin and Lee intersection
City Des Plaines
MLS Area Des Plaines
Lot Size Square Feet 43996
Street Name Lee
Tax Annual Amount 62925
Additional Parcels Y/N N
Leasable Area 3743
Days on Market 15
Lease Type Net
Standard Status Active
Total Actual Rent 9357
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3743
Lot Dimensions 90X490
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
Keller Williams Experience

Broker

markp@livian.com

Email

Affordability Calculator

$14,216
Per Month
63%
37%
0%
Monthly Principal & Interest
$8,973
Monthly Property Taxes
$5,244
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$1,350,000 Listed Price

Map


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1255 Lee Street, Des Plaines, IL, 60018 is a Commercial Property for sale at $1,350,000 with 3,743 sqft and a lot size of 1.01001. 1255 Lee Street is a studio with 0.0 baths and was built in 1986. The property's zip code is 60018 which is in Des Plaines, IL