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.
Listed By
Agency Name: @properties Christie's International Real Estate
Agency Phone: 773-432-0200
Shown By
Agent Name: Tony Badaluco
Agent Phone: (815) 985-4190
Agency Title: Gambino Realtors
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 tbadaluco.gogambino.com today.