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Listing provided courtesy of @properties Christie's International Real EstateMREDas Distributed by MLSGrid- MLS# 12636166MLS Provider

1667-1675 E oakton StreetDes Plaines, IL 60018

Commercial · 5,000 Sq. ft.
$650,000 Active

1667-1675 E oakton Street Overview

Time on Site:
27 days
Visits:
0

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.

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1667-1675 E oakton Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,000
  • Price/Sq.ft. $130

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable

Income/Expenses

  • Gross Income: 6100
  • Gross Scheduled Income: 73200
  • Net Operating Income: 46196
  • Operating Expense: 27004

Building Information

  • Year Built: 1970

Business Information

  • Business Type: Retail

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Des Plaines

Tax Information

  • Tax Annual Amount: $19,674.08
  • Tax Year: 2024

General Information

  • Parcel Number: 09281010040000
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 5000

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Leasable Area: 5000
  • Stories: 1

Unit Information

  • Unit SqFt.: 5000

Exterior

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 75 X 125
  • Lot Size Square Feet: 9375

General Information

  • Number Of Units Total: 5

1667-1675 E oakton Street Neighborhood

Community

60018 (Des Plaines) Demographics

39
Median Age
1,718
Population Density (per sq. mile)
36%
College Educated
$66,030
Estimated Median Income
6,882
Estimated Total Home Owners
2,555
Estimated Total Renters
73% / 27%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1667-1675 E oakton Street Monthly Cost

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Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1667-1675 E oakton Street Market Data

Based on the last 30 days in this zip code

$598,065
Average List Price
$287
Average Price per Square Foot
12
Properties Sold
62
Average Days on Market
44
Properties for Sale
Calculations provided by Reliance Network

1667-1675 E oakton Street History

Date Event Value Agent
6/8/2026Source: MRED Status Change
Active
6/3/2026Source: MRED Added to Database
June 03, 2026