1667-1675 E Oakton Street, Des Plaines, IL

$650,000

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About 1667-1675 E Oakton Street

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.

Features of 1667-1675 E Oakton Street

MLS® # 12636166
Price $650,000
Bathrooms 0.00
Year Built 1970
Type Commercial Sale
Sub-Type Retail/Stores
Status Contingent

Community Information

Address 1667-1675 E Oakton Street
Area Des Plaines
City Des Plaines
County Cook
State IL
Zip Code 60018

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 45
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Not Applicable

Listing Details

Office@properties Christie's International Real Estate

Listing Map

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