924 Lee Street Des Plaines, IL $ 299,900
924 Lee Street
$ 299,900
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924 Lee Street

Des Plaines, IL, 60016
$ 299,900
Baths0.0 Sq 3,600

Monthly Estimate*

$ 1,993

924 Lee Street, Des Plaines, IL 60016 - Image 1
924 Lee Street, Des Plaines, IL 60016 - Image 2
924 Lee Street, Des Plaines, IL 60016 - Image 3
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Studio

Commercial Property for sale in Des Plaines, IL

for $299,900. This 3,600 square foot building was built in 1949 on a lot size of 0.174472.

***OWNER HAS APPEALLED THE TAX'S AND THEY WILL BE REDUCED BY $10,423.00 I WILL UPDATE THE TAX AMOUNT WHEN I RECEIVE THE UPDATE CONFIRMATION***!!!Great location on Lee Street in Des Plaines. Ample parking 7 outdoor plus the street. Two separate buildings. Front building with two 1,050 SF offices currently month to month with low rents and ideal for professional use. Currently one is used as a medical office and has a reception area 2 exam rooms and a lab. Other front office used by a marketing firm. There is a common utility room and 2 bathrooms. Second 1,500 SF building in back is great for industrial use or additional storage it is 25'x61' with garage access from alley currently used by a cabinet maker company with its own bathroom and heat also on month to month with low rent. All tenants pay their utilities. Owner pays insurance of $2100 and water about $360 a year. Close to train, 294, O'Hare, sprawling downtown Des Plaines with its restaurants, theaters, library, grocery stores and more. LIMITED AVAILABILITY FOR SHOWINGS AND DO NOT DISTURB TENANTS, FRONT OFFICE'S VISIBLE FROM STREET AND REAR GARAGE UNIT AVAILABLE TO VIEW WITH 24 OR 48 HOUR NOTICE AND TENANT MUST BE PRESENT.

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Commercial Contingent

Price

$ 299,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 28,978

Style

Commercial

Lot Size

0.174472

Year Built

1949

Town/City

Des Plaines

County/Region

Cook

MLS | Web ID

11827229

Features
General
Cooling Central Air
Utilities Electric to Site Gas to Site Water to Site
Possession Closing
Roof Membrane
Zoning OFFIC
Construction Materials Brick
Year Built 1949
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Janitorial Service
Stories 1
Township Maine
Property SubType Other
Tax Year 2022
Current Use Commercial
Gross Income 3650
County Cook
Net Operating Income 10634
Operating Expense 33165
Property Type Commercial Sale Office/Tech
Contingency Attorney/Inspection
Status Contingent
Directions Lee Street North of Algonquin South of Dempster/Thacker On West Side of Street. Lee Runs One Way NE.
City Des Plaines
NumberOfUnitsTotal 3
MLS Area Des Plaines
Lot Size Square Feet 7600
Street Name Lee
Tax Annual Amount 28978
Additional Parcels Y/N Y
Leasable Area 3600
Days on Market 311
Standard Status Active Under Contract
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3600
Lot Dimensions 40X189
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

frank.genualdi@cbexchange.com

Email

Affordability Calculator

$4,408
Per Month
45%
55%
0%
Monthly Principal & Interest
$1,993
Monthly Property Taxes
$2,415
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
7/10/2023$299,900 Listed Price

Map


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924 Lee Street, Des Plaines, IL, 60016 is a Commercial Property for sale at $299,900 with 3,600 sqft and a lot size of 0.174472. 924 Lee Street is a studio with 0.0 baths and was built in 1949. The property's zip code is 60016 which is in Des Plaines, IL