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1255 Lee Street, Des Plaines, IL 60018
$1,350,000
1255 Lee Street, Des Plaines, IL 60018View this property at 1255 Lee Street, Des Plaines, IL 60018
1255 Lee StreetDes PlainesIL60018
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Property Description
Welcome to a prime commercial opportunity in Des Plaines, Illinois! This expansive property boasts a 1-acre lot, providing ample space for showcasing inventory with parking for over 120 cars. The building features a total of 3,743 square feet, including a well-appointed 1,400-square-foot office area with four private offices, ideal for administrative tasks and client meetings. The property's 2,200-square-foot maintenance area is equipped with three lifts and three doors, including two 10x10 doors and one 10x15 door, facilitating smooth operations and easy access. The maintenance area also includes two heaters, ensuring a comfortable working environment year-round. Completely remodeled in 2015, the office areas offer a modern and professional space for conducting business. The property is further enhanced with sprinklers, providing added safety and peace of mind. With C3 zoning, this property offers flexibility for a variety of commercial uses. Its maintenance-free brick exterior adds to the property's appeal and durability. This property presents an outstanding investment opportunity, whether you're looking to purchase or lease. The offering price for purchase is $1,350,000, or consider a lease at $30 per square foot on a triple net lease basis. Don't miss out on this chance to secure a prominent location in a high-traffic area near downtown Des Plaines, O'Hare airport, and major highways. Schedule your viewing today!
Full Property Details
Full Property Details for 1255 Lee St
General
- Price: $1,350,000
- Taxes: $62,925 (2022)
- Status: Active
- Type: Commercial Service
- MLS ID: 12020107
- Updated: 4/9/2024
- Added to Site: 26 day(s) ago
Additional Information
- Security/Safety: Sprinklers (Wet)
Parking
- Parking Features: Over 100 Spaces
Location
- Area: Des Plaines
- County: Cook
- Driving Directions: just south of Algonquin and Lee intersection
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units, Central Building Heat
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Ceiling Height: 15
- Drive-In Doors: 3
- Stories/Levels: 1
- Square Feet: 3,743
- Current Bldg. Use: Commercial
- Year Built: 1986
Lot Features
- Lot Size (Sq. Ft.): 43,996
- Lot Dimensions: 90 x 490
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Lease Price: $30
- For Sale/Rent/Lease: For Sale or Rent
- Security Deposit: Sprinklers-Wet
- Assessment Year: 1986
- Tax Amount: $62,925
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Operating Stops, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Tax Stops, Sewer, Other, Varies by Tenant, Recapture Fee
Disclosures and Reports
- Property ID: 9204000120000
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Schools
Schools serving 1255 Lee St
School Districts:Ccsd 62, Maine Township High School District 207
Rating | Name | Grades | Distance |
---|---|---|---|
1375 S 5th Ave, Des Plaines, IL 60018 | PK-5 | 0.6 mi | |
767 E Algonquin Rd, Des Plaines, IL 60016 | 6-8 | 0.6 mi | |
1755 S Wolf Rd, Des Plaines, IL 60018 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1255 Lee St
Date
Details
Price
Change
Source
4/03/2024
Listed
$1,350,000
213.23%
MLS
9/30/2019
Sold
$431,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1255 Lee St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$52,675
-13%
$204,710
3%
2021
$60,863
2%
$198,000
—
2020
$59,834
9%
$198,000
-3%
2019
$55,062
-5%
$204,600
6%
2018
$57,869
2%
$193,500
—
2017
$56,847
6%
$193,500
—
2016
$53,770
5%
$193,500
15%
2015
$50,977
57%
$168,621
54%
2014
$32,368
-1%
$109,374
-4%
2013
$32,854
23%
$113,849
8%
2012
$26,608
—
$105,670
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1255 Lee St
1255 Lee Street, Des Plaines, IL 60018 (MLS# 12020107) is a Commercial Service property. 1255 Lee Street is currently listed for $1,350,000 and was received on April 03, 2024. Want to learn more about 1255 Lee Street? Do you have questions about finding other Commercial Service 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.