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$945,000
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Property Description
Welcome to 8807 Dee Rd. in Des Plaines; a rare opportunity to own a solid six-unit residential building in a highly desirable location! This well-maintained property offers a fantastic blend of stability and potential, making it ideal for both seasoned investors and those looking to start or expand their real estate portfolio. All units are currently rented, providing immediate income, yet the property still offers clear value-add potential with some below-market rents and flexible month-to-month tenancies. The next owner will enjoy the freedom to update units, raise rents to market, and quickly enhance long-term returns. Nestled on a quiet residential subdivision just minutes from shopping, dining, Metra, and major expressways, this building delivers both convenience and investment security. With solid construction, spacious layouts, and great tenants already in place, 8807 Dee Rd. is a rare find in today's low-inventory market. Whether you're seeking stable cash flow or looking for your next project with upside, this is the one you've been waiting for. Current rents below market. Building operating at Fully stabilized Potential Rent = $9,825/month ($117,900 annually). Buyer to verify.
Full Property Details
Full Property Details for 8807 Dee Rd
General
- Price: $945,000
- Taxes: $16,269 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12537509
- Updated: 1/3/2026
Property History
- 8807 Dee Rd, Des Plaines, IL
- Listed $945,000 on 12/28/25
Interior
- Basement: Finished
- Interior Features: Laundry Room
Location
- Area: Des Plaines
- County: Cook
- Township: Maine
- Driving Directions: Milwaukee WEST 2 Golf Rd SOUTH 2 Dee Rd 2 the property
- Location Details: Shopping Mall, Freestanding/Urban
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Central Building Heat, Gas
Utilities
- Trash: 2640
Structural Information
- Construction: Concrete, Brick
- Exterior Const.: Concrete, Brick
- Basement: Yes
- Basement Desc.: Finished
- Roof: Composition
- Stories/Levels: 3
- Square Feet: 4,928
- Current Bldg. Use: Multi-Family
- Year Built: 1969
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 7,822
- Lot Dimensions: 81 x 87
- Potential Use: Condominium
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $3,776
- Operating Expenses: $11,520
- Assessment Year: 1969
- Tax Amount: $16,269.32
- Tax Year: 2023
- Tenant Pays: Electricity
- Pays Electric: 300
- Pays Trash: 2640
Disclosures and Reports
- Property ID: 9153070850000
Listed by RE/MAX City
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Schools
Schools serving 8807 Dee Rd
School Districts:Maine Township High School District 207, East Maine School District 63
| Name | Grades | Distance |
|---|---|---|
Apollo Elementary School, Des Plaines, IL 10100 Dee Road, Des Plaines, IL 60016 | K-5 | 1.6 mi |
Gemini Middle School 8955 North Greenwood Avenue, Niles, IL 60714 | 6-8 | 0.8 mi |
Maine East High School 2601 Dempster St, Park Ridge, IL 60068 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Estimate the Cost
Estimate the Cost for 8807 Dee Rd
8807 Dee Road, Des Plaines, IL 60016 (MLS# 12537509) is a Commercial property. 8807 Dee Road is currently listed for $945,000 and was received on December 28, 2025. Want to learn more about 8807 Dee Road? 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.

