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    770 Lee St Des Plaines, IL 60016

    Picture of Office space at Lee St 770, Des Plaines, IL
    For Lease
    $15 SF/Yr

    Commercial Lease - Des Plaines, IL

    Days on Market:
    136
    Last Refresh:
    Dec 14 at 10:06 am

    Property Features for 770 Lee St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1966
    Number of units
    7
    Flooring type
    Carpet
    Architectural style
    Other

    HomeSmart Connect Real Estate (847) 495-5000 [email protected]

    Listing agent Rosa Pena (847) 495-5000 License #475141934

    Listing date Aug 1, 2025

    MLS# 12436068 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Des Plaines Commercial Lease Opportunity

    This commercial space in Des Plaines, Illinois, presents an opportunity for office, retail, medical, insurance, or CPA office use. The property is located on a busy street across from a new townhome development and is within walking distance of the Des Plaines Metra Train Station and downtown. O'Hare Airport is 6.9 miles away, and the Rosemont Convention Center is 6.0 miles away. The landlord is willing to build to suit for a 3-year lease. The space features new carpet and fresh paint. There are 25 shared parking spaces available. The monthly lease includes heating, 3-day janitorial light cleaning, and garbage. The tenant is responsible for a portion of the property taxes, their electric, air conditioning, and insurance. Other listed spaces are available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    D Lamb Gate ... Home Health Care Service Dr. Louis Sorto Podiatrist Fichera & Miller P.C. Attorney Dr. Lisa Levick ... Podiatrist Steven M. Pesenko, ... Podiatrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8900327
    Latitude
    42.0392271

    Nearby Similar for Lease

    • $18 SF/Yr

      Retail Space on Oakton Street

      Street-level commercial space suitable for retail or professional use.
      1673 E Oakton St, Des Plaines, IL 60018
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    • $27 SF/Yr

      Office Space Near O'Hare Airport

      Office space in Rosemont near O'Hare, hotels, and expressways.
      10700 W Higgins Rd, Des Plaines, IL 60018
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    • $25 SF/Yr

      Des Plaines Office/Retail Space

      Former dental space suitable for office or retail use.
      634 W Algonquin Rd, Des Plaines, IL 60016
      View Details
    • $25 SF/Yr

      Des Plaines Office Near Metra

      Office space in a convenient Des Plaines location near amenities.
      1585 Ellinwood Ave, Des Plaines, IL 60016
      View Details
    • $15 SF/Yr

      Des Plaines Commercial Lease Opportunity

      Commercial space for lease near Metra and new development.
      770 Lee St, Des Plaines, IL 60016
      View Details
    • $15 SF/Yr

      Des Plaines Commercial Lease Opportunity

      Office/retail space near Metra, new development, and O'Hare Airport.
      770 Lee St, Des Plaines, IL 60016
      View Details

    FAQs

    What type of property is this?
    Office space - Office, retail, or medical space near Metra and downtown.
    Where is this office space located?
    The property is located at 770 Lee St Des Plaines, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Build-to-suit opportunity for a 3-year lease.; - Prime location near Des Plaines Metra Train Station and downtown.; - Suitable for various business types: office, retail, medical, insurance, CPA.
    (847) 495-5000
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    Des Plaines, IL 60016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    770 Lee St Des Plaines, IL 60016
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