Address
1255 Lee Street, Des Plaines, IL
Price
$ 1,350,000
Property Attributes
- MLS#12020107
- TypeCommercial
- CountyCOOK
- CityDes Plaines
- AreaDes Plaines
- NeighborhoodLee
- Zip60018
- StyleCommercial
- Year Built1986
- Taxes$ 62925
- Price$ 1,350,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage3743
- Lot Size1.01001 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
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!
| Price History | |
|---|---|
| 4/3/2024 | Listed $1,350,000 |
General Features
| 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 |
| 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 | No |
| Leasable Area | 3743 |
| Days on Market | 15 |
| Lease Type | Net |
| Standard Status | Active |
| Property Type | Retail/Stores |
| Total Actual Rent | 9357 |
Interior Features
| Street Suffix | Street |
|---|
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 3743 |
| Lot Dimensions | 90X490 |
| Frontage Type | City Street |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60018
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 18, 2024 4:39 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 18, 2024 4:39 PM UTC
