Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    8807 Dee Rd Des Plaines, IL 60016

    Sponsored
    Picture of Apartment buildings at Dee Rd 8807, Des Plaines, IL
    For Sale
    $945,000

    MULTI_FAMILY - Des Plaines, IL

    Lot size:
    0.18 Acres
    Days on Market:
    4
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for 8807 Dee Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bathroom 6, Bedroom 5, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 6, Basement, Bathroom 1, Bedroom 1, Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 9, Bathroom 4, Bedroom 8, Bedroom 4
    Bedrooms
    9
    APN
    09153070850000
    Basement
    Finished
    Lot size
    0.18 Acres

    Building Details

    Year built
    1969
    Floors in Building
    3
    Number of units
    6
    Building materials
    Concrete, Brick
    Roof type
    Composition

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

    Listing agent Jesus Vazquez (773) 297-0457

    Listing date Jan 3, 2026

    MLS# 12537509 Listing URL

    Copyright © 2026 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 Multifamily Investment Opportunity

    Located in Des Plaines, IL, this six-unit residential building presents an opportunity for investors. The property is situated in a desirable location, offering a blend of stability and potential. All units are currently rented, providing immediate income. The property offers value-add potential with some below-market rents and flexible month-to-month tenancies. The next owner has the freedom to update units and raise rents to market. The building is nestled on 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 lot size is 0.18 acres. The property is zoned MULTI. The building is operating at Fully stabilized Potential Rent = $9,825/month ($117,900 annually).
    Property Profile Insight Report 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
    -87.85481
    Latitude
    42.040459

    Nearby Similar for Sale

    • $555,000
      2.12 Acres

      Des Plaines Office/Flex Condos

      Combined office/flex condos with offices, restrooms, conference room, kitchen.
      304 Howard Ave, Des Plaines, IL 60018
      View Details
    • $1,917,000
      1.00 Acre

      Des Plaines Industrial Warehouse/Showroom

      Renovated industrial warehouse with showroom, high traffic location.
      1628 Rand Rd, Des Plaines, IL 60016
      View Details
    • $424,900
      0.21 Acres

      Downtown Des Plaines Mixed-Use Property

      Charming mixed-use property in downtown Des Plaines with commercial/residential potential.
      1330 Webford Ave, Des Plaines, IL 60016
      View Details
    • $424,900
      0.21 Acres

      Downtown Des Plaines Mixed-Use Property

      Charming mixed-use property in downtown Des Plaines with commercial/residential potential.
      1330 Webford Ave, Des Plaines, IL 60016
      View Details
    • $189,000
      0.05 Acres

      Established Liquor Store Business Opportunity

      Profitable liquor store business for sale in Des Plaines.
      1185 Elmhurst Rd, Des Plaines, IL 60016
      View Details
    • Contact for pricing

      Established Barber Shop For Sale

      Profitable barber shop with loyal clientele in busy business center.
      630 W Algonquin Rd, Des Plaines, IL 60016
      View Details
    • $1,299,000
      0.35 Acres

      Des Plaines C5 Office Building

      Two-story office building with elevator and 26 parking spaces.
      770 Lee St, Des Plaines, IL 60016
      View Details
    • $420,000
      2,153 SF

      Meticulously Cared For Lexington Park Townhome

      Move-in ready, 3-story townhome with updates from top to bottom.
      1245 Evergreen Ave, Des Plaines, IL 60016
      View Details
    • $444,990

      Spacious Home with Bonus Room

      Three-bedroom home with bonus room, rear garage, and balcony.
      1550 Times Dr, Des Plaines, IL 60018
      View Details
    • $390,000

      Luxury Condo in Des Plaines

      New construction condo with premium finishes, available summer.
      9396 Landings Ln, Des Plaines, IL 60016
      View Details
    • $360,000

      Luxury Condo in Des Plaines

      New construction, two-bedroom condo with premium finishes, available September.
      9396 Landings Ln, Des Plaines, IL 60016
      View Details
    • $269,900

      Spacious Condo Near Downtown

      Two-bedroom condo with modern updates and convenient location.
      1365 Ashland Ave, Des Plaines, IL 60016
      View Details

    FAQs

    What type of property is this?
    Apartment building - Six-unit building in desirable location with immediate income and 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 $945,000.
    What are key features of this property?
    This property features: - Immediate income from 6 currently rented units.; - Value-add potential through updating units and raising rents to market rate.; - Desirable location near shopping, dining, Metra, and major expressways.
    (773) 297-0457
    Request Owner's contact information
    8807 Dee Rd Des Plaines, IL 60016
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8807 Dee Rd
    Des Plaines, IL 60016
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.