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$825,000 -$25,000 (-2.94%) Price Reduced
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Property Description
Rare mixed-use owner-user and investment opportunity along highly visible E. Oakton Street in Des Plaines. Offering approximately 6,274 square feet of measured commercial and residential space, this brick property combines a versatile first-floor commercial configuration with two residential apartments above. The first floor is currently occupied by an established HVAC business and features reception and office areas, work and storage space, two bathrooms, an attached garage with overhead door access, and 10 outdoor parking spaces. The second floor consists of two residential apartments, each with its own electric heat, through-wall A/C, water heater and laundry. One apartment is currently occupied and the second is vacant, creating an immediate value-add opportunity for a new owner. Additional features include six separate electric meters, 200-amp electrical service, excellent Oakton Street visibility, and convenient access to I-90, I-294 and O'Hare International Airport. C-3 zoning provides additional flexibility for prospective owner-users and investors, subject to City approval and buyer verification of intended use. An excellent opportunity for an owner-user seeking supplemental rental income or an investor looking to reposition and maximize the property's income potential.
Full Property Details
Full Property Details for 1815-25 E Oakton St
General
- Price: $825,000
- Taxes: $14,978 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12705101
Interior
- Interior Features: Common Lunchroom(s), Storage Inside
Additional Information
- Security/Safety: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Location
- Area: Des Plaines
- County: Cook
- Driving Directions: S River Rd. (north) to E Oakton St. (west), between Maple St. & Locust St.
- Location Details: Northwest Suburban
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Electric
Utilities
- Trash: 325
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 7,070
- # of Stores: 1
- Year Built: 1973
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
Lot Features
- Lot Size (Acres): 0.072
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x 125
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Assessment Year: 1973
- Tax Amount: $14,978.3
- Tax Year: 2024
- Pays Electric: 1300
- Pays Trash: 325
Disclosures and Reports
- Property ID: 9281040060000
Listed by Baird & Warner
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Tax History
Tax History for 1815-25 E Oakton St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,324
—
$35,001
26%
2023
$7,324
2%
$27,778
—
2022
$7,148
-13%
$27,778
4%
2021
$8,175
2%
$26,595
—
2020
$8,037
-2%
$26,595
-13%
2019
$8,227
5%
$30,570
17%
2018
$7,836
2%
$26,201
—
2017
$7,697
6%
$26,201
—
2016
$7,281
2%
$26,201
11%
2015
$7,108
2%
$23,511
—
2014
$6,958
14%
$23,511
11%
2013
$6,085
-13%
$21,088
-24%
2012
$6,983
—
$27,733
—
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 1815-25 E Oakton St
1815-25 E Oakton Street, Des Plaines, IL 60018 (MLS# 12705101) is a Commercial property. 1815-25 E Oakton Street is currently listed for $825,000 and was received on August 06, 2026. Want to learn more about 1815-25 E Oakton 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.

