727 1st Avenue Des Plaines, IL ^$ 950,000

727 1st Avenue

^$ 950,000

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727 1st Avenue

Des Plaines, IL, 60016

^$ 950,000

Studio Baths0.0 Sq 3,900

Monthly Estimate*

^$ 6,314

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Studio

Commercial Property for sale in Des Plaines, IL

for $950,000. This 3,900 square foot building was built in 1968 on a lot size of 0.282369.

Welcome to 727 First Ave! This property consist of approx. 3900SF limited manufacturing brick building, zoned M-1 with four units plus warehouse space, plenty of storage, and side garage. Warehouse has 2-12' overhead doors and back door entrance. Also included are three lots, next door at 735 First Ave for redevelopment and/or parking needs for your business. *Sold As-Is* Convenience to all amenities downtown Des Plaines has to offer, close to O'Hare airport, and expressway. Schedule your tour today and come see this bright space with great location. This property will not disappoint!

Commercial Active

Price

^$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 49,030

Style

Lot Size

0.282369

Year Built

1968

Town/City

Des Plaines

County/Region

Cook

MLS | Web ID

12045317

Features

General

Cooling Central Air

Zoning MANUF

Year Built 1968

Electric Circuit Breakers

Tenant Pays Varies by Tenant

Stories 1

Township Maine

Property SubType Manufacturing / Warehousing

Tax Year 2022

Gross Income 51300

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Status Active

Directions Northwest Hwy (US-14) to Graceland South to E. Thacker St to 1st Ave to property at 727 First Ave

City Des Plaines

NumberOfUnitsTotal 4

MLS Area Des Plaines

Lot Size Square Feet 12300

Street Name 1st

Tax Annual Amount 49030

Additional Parcels Y/N Y

Leasable Area 0

Virtual Tour https://tours.vht.com/BWI/T434386626/nobranding

Days on Market 8

Standard Status Active

Exterior

Building Area Total 3900

Lot Dimensions 100X123

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Baird & Warner

Broker

Miguel.Ruiz@bairdwarner.com

Affordability Calculator

$10,400

Per Month

Monthly Principal & Interest: $6,314
Monthly Property Taxes: $4,086
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Des Plaines, IL

Average List Price ^$806,586

Percent of Sale Price 15%

About Des Plaines, IL

58,932 Population

2% Since 2002

^$65,417 Median Income

42.72 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/9/2024	$950,000		Listed Price

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727 1st Avenue, Des Plaines, IL, 60016 is a Commercial Property for sale at $950,000 with 3,900 sqft and a lot size of 0.282369. 727 1st Avenue is a studio with 0.0 baths and was built in 1968. The property's zip code is 60016 which is in Des Plaines, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/12/2024.

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727 1st Avenue

Commercial Property for sale in Des Plaines, IL

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