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8809 N Dee Road, Des Plaines, IL 60016
$705,000
8809 N Dee Road, Des Plaines, IL 60016View this property at 8809 N Dee Road, Des Plaines, IL 60016
8809 N Dee RoadDes PlainesIL60016
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Property Description
6 Multi -Family all brick building in hot rental area of Des Plaines. Building consists: Three - 2 bedroom and Three - 1 bedrooms. Per the owner: Newer hot water tank, pipes & 6 new zones and plumbing in utility room installed in 2022. Roof age is approx. 10 years old. Building kept well and some apartment have some updates. Annual rental income currently good cash flow of $ 78,960 plus some around $ 1,200 additional income from coined laundry *** And still with some improvements a potential to get even higher ROI with the limited availability of these type of apartments in the area*** Stable tenants. One unit currently vacant after tenants just moved out and kept vacant for convenient showings. Washer and dryer owned. Laundry Rm next to mechanical room and storage for the owner. 10 parking spots behind the building. Nice location close to everywhere: Golf Mill shopping center, Lutheran General Hospital, restaurants, I-294 Expwy and MORE. Rent Roll attached in Add Info.
Full Property Details
Full Property Details for 8809 N Dee Rd
General
- Sold For: $705,000
- Taxes: $14,294 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11763873
- Added to Site: 411 day(s) ago
Interior
- Interior Features: Storage Inside
Parking
- Total Spaces: 10
- Parking Features: 6 to 12 Spaces
Location
- Area: Des Plaines
- County: Cook
- Driving Directions: POTTER TO BALLARD EAST TO DEE SOUTH
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Gas, Baseboard
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1968
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 7,427
- Lot Dimensions: 80 x 96
- Frontage: City Street
- Potential Use: Condominium
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $29,070
- Assessment Year: 1968
- Tax Amount: $14,294
- Tax Year: 2021
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 9153070860000
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Schools
Schools serving 8809 N Dee Rd
School Districts:Maine Township High School District 207, East Maine School District 63
Rating | Name | Grades | Distance |
---|---|---|---|
8955 N Greenwood Ave, Niles, IL 60714 | 5-8 | 0.8 mi | |
2601 Dempster St, Park Ridge, IL 60068 | 9-12 | 0.2 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 8809 N Dee Rd
Date
Details
Price
Change
Source
5/19/2023
Sold
$705,000
2.17%
MLS
4/20/2023
Listed
$690,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8809 N Dee Road, Des Plaines, IL 60016 (MLS# 11763873) is a Commercial property that was sold at $705,000 on May 19, 2023. This property was listed by Jacek Piktel from our Lincoln Park Office.Want to learn more about 8809 N 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.