SQUARE FEET5,000
MLS#12636166
STATUSNew
PROPERTY TYPECommercial - Retail
Property Description
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.
Property Features
Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.22 Acres
Stories: 1.0
Taxes: $19,674
Year Built: 1970
Feature Descriptions
Electric: Circuit Breakers
Fire Protection: Other
HVAC: Central Heat/Indiv Controls
Lot Dimensions: 75 X 125
Parcel#: 09281010040000
Units: 5
Listed By / Shown By
Listed By
Agency Name: @properties Christie's International Real Estate
Agency Phone: 773-432-0200
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
1667-1675 E Oakton Street | MLS# 12636166
This commercial property located at 1667-1675 E Oakton Street , Des Plaines, IL 60018 is currently listed for sale with an asking price of $650,000. Search Des Plaines real estate on www.gogambino.com today.