This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
1262 Lee Street, Des Plaines, IL 60018
$550,000
1262 Lee Street, Des Plaines, IL 60018View this property at 1262 Lee Street, Des Plaines, IL 60018
1262 Lee StreetDes PlainesIL60018
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/11
Property Description
Standalone Restaurant Building for Sale near downtown Des Plaines: Incredible Value Add. Freestanding restaurant building with oversized parking in Des Plaines, IL. Currently an American Fast Food restaurant which can be utilized as is or transformed into new concept. Restaurant has been a longstanding staple in the community near Downtown Des Plaines' residents and businesses. Great location right next to a Burger King, across the street from Best Western and 0.3 mi away from the famous Boston Fish Market restaurant. Great place to build your own retail business or improve the existing building. Amazing upside opportunity with this 12,000 SF Land. Please do not approach the employees/customers/owners as the business is operational.
Full Property Details
Full Property Details for 1262 Lee St
General
- Price: $550,000
- Taxes: $25,369 (2022)
- Status: Active
- Type: Business
- MLS ID: 12010165
- Updated: 3/27/2024
- Added to Site: 37 day(s) ago
Business
- Name: MR. PUP
- Business Type: Food & Beverage, Restaurant
- Years in Business: 11 or More
- Seating Capacity: 41 to 50
Parking
- Parking Features: 19 to 30 Spaces
Location
- Area: Des Plaines
- County: Cook
- Driving Directions: Oakton to Lee North to property.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Water to Site
Structural Information
- Stories/Levels: 1
- Square Feet: 1,700
Lot Features
- Lot Size (Sq. Ft.): 12,000
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 100 x 120
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $9,999,999
- Tax Amount: $25,369
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer
Disclosures and Reports
- Property ID: 9203010660000
Listed by Baird & Warner
Get Pre-Approved Today
Get a Great Insurance Rate
Schools
Schools serving 1262 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 | 0.5 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 1262 Lee St
Date
Details
Price
Change
Source
3/21/2024
Listed
$550,000
23.6%
MLS
7/06/2022
Sold
$445,000
—
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 1262 Lee St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$23,742
-8%
$92,268
10%
2021
$25,805
2%
$83,948
—
2020
$25,369
12%
$83,948
—
2019
$22,592
—
$83,948
11%
2018
$22,623
-13%
$75,644
—
2017
$25,888
23%
$75,644
—
2016
$21,020
-6%
$75,644
2%
2015
$22,450
2%
$74,260
—
2014
$21,977
3%
$74,260
—
2013
$21,429
15%
$74,260
—
2012
$18,653
—
$74,077
—
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 1262 Lee St
1262 Lee Street, Des Plaines, IL 60018 (MLS# 12010165) is a Business property. 1262 Lee Street is currently listed for $550,000 and was received on March 21, 2024. Want to learn more about 1262 Lee Street? Do you have questions about finding other Business 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.