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$675,000
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Property Description
Free standing building with great exposure and street presence/visibility, at the corner of Graceland Ave. and Lee St. (where US 12, and US 45 & Graceland Ave. become Lee St.) Approximately, 34000 Sq. ft. of land including parking lot across the street of the building with 11,000 Sq. ft. of structure. Within walking distance to Des Plaines downtown and CTA METRA station, major roads, and interstates. Central location within a short distance to O'Hare International Airport, and surrounding suburbs. Site suitable for redevelopment, restaurants, banquets, professions, and many other businesses. Surrounded by major retailers, in a well populated residential and commercial districts.
Full Property Details
Full Property Details for 1062 Lee St
General
- Sold For: $675,000
- Taxes: $81,100 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12311719
- Added to Site: 304 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Des Plaines
- County: Cook
- Driving Directions: Mannheim Rd./US/Lee St. between Lee St. & Graceland Ave Thacker ST. to Lee St. south to address
- Location Details: Northwest Suburban, Central Business District
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Other
Structural Information
- Stories/Levels: 1
- Square Feet: 11,173
- Current Bldg. Use: Commercial
- Year Built: 1900
- Built Before 1978: Yes
- Property Condition: New Construction
Lot Features
- Lot Size (Sq. Ft.): 33,900
- Lot Dimensions: 33900
- Potential Use: Commercial, Condominium, Office, Retail, Special Use, Elderly Housing, Single Room Occupancy
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1900
- Tax Amount: $81,100
- Tax Year: 2023
Disclosures and Reports
- Property ID: 9202070110000
Listed and Sold by Century 21 Circle
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Schools
Schools serving 1062 Lee St
School Districts:Des Plaines Community Consolidated School District 62, Maine Township High School District 207
| Name | Grades | Distance |
|---|---|---|
Forest Elementary School, Des Plaines, IL 1375 S 5th Ave, Des Plaines, IL 60018 | PK-5 | 0.7 mi |
Algonquin Middle School, Des Plaines, IL 767 East Algonquin Road, Des Plaines, IL 60016 | 6-8 | 0.6 mi |
Maine West High School 1755 South Wolf Road, Des Plaines, IL 60018 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1062 Lee St
Date
Details
Price
Change
Source
11/25/2025
Sold
$675,000
-11.07%
MLS
3/17/2025
Listed
$759,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1062 Lee Street, Des Plaines, IL 60016 (MLS# 12311719) is a Commercial property that was sold at $675,000 on November 25, 2025. Want to learn more about 1062 Lee Street? Do you have questions about finding other Commercial real estate for sale in Des Plaines? You can browse all Des Plaines real estate or contact a Coldwell Banker agent to request more information.

