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    8807 Dee Rd Des Plaines, IL 60016

    Picture of Apartment buildings at Dee Rd 8807, Des Plaines, IL
    For Sale
    $975,000

    Commercial Sale - Des Plaines, IL

    Property size:
    4,928 SF
    Days on Market:
    8
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 8807 Dee Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    APN
    09153070850000
    Size
    4,928 SF

    Building Details

    Year built
    1969
    Number of units
    6
    Roof type
    Composition
    Architectural style
    Other

    RE/MAX City (773) 775-0600 [email protected]

    Listing agent Jesus Vazquez (773) 775-0600 License #475142675

    Listing date Nov 28, 2025

    MLS# 12509082 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

    Six-Unit Building in Des Plaines

    Located on Dee Rd. in Des Plaines, this six-unit residential building presents an opportunity for investors. The property is well-maintained and offers a blend of stability and potential. All units are currently rented, providing immediate income. The property offers value-add potential with below-market rents and flexible month-to-month tenancies. The next owner has the option to update units and raise rents to market value. The building is located in a quiet residential subdivision, minutes from shopping, dining, Metra, and major expressways. The property is of solid construction, with spacious layouts, and tenants already in place. The property size is 4928 square feet. Current rents are below market. The building is operating at a fully stabilized potential rent of $9,825 per month, which is $117,900 annually.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8548307
    Latitude
    42.0404984

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained six-unit residential building with value-add potential.
    Where is this apartment building located?
    The property is located at 8807 Dee Rd Des Plaines, IL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: - Immediate income from currently rented units.; - Value-add potential through updating units and raising rents to market value.; - Desirable location near shopping, dining, Metra, and major expressways.
    (773) 775-0600
    Request Owner's contact information
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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
    8807 Dee Rd Des Plaines, IL 60016
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