Listed By: Colin Green Show Phone

Added: Jan 29, 2025 Changed: Mar 16

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Investment Insights

Based on property information with market context.

This approximately 28,840 square foot site is located in Des Plaines, Illinois. The property is fully fenced, secured, and lit, making it suitable for various commercial uses. Currently configured for secure vehicle storage, the property offers potential for outside storage businesses or neighborhood retail establishments. Its location on Lee Street provides visibility with 8,000 vehicles per day. The property's C-3 zoning allows for a range of development options. Covered storage is available on-site. The site's secure nature, location, and square footage make it suitable for businesses seeking a well-positioned and accessible location in Des Plaines. It is ready for immediate occupancy, offering a chance to establish or expand a business in a thriving area near downtown Des Plaines. The property is available for lease.

Property Analytics

Current Use

Gerber Collision & Glass Auto Repair Shop

Suggested Use

Top Pick Daycare Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store Tanning Salon Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,322

Businesses Nearby

Explore this area Business Placement

Demographics for 60016, IL

61,888

Population

25,613

Households

2.4

Avg Household Size

42

Median Age

43%

College-Educated

89%

High-School Grad

12.1 sq mi

ZIP Area

5,115

Density / Sq Mi

$84,044

Median Household Income

$50,180

Median Earnings

$1,406

Median Rent

$300,700

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - ±28,840 SF Site Available for Sale, Lease or Build to Suit - Excellent Exposure on Lee Street

Where is this residential land & home lot located?

The property is located at 1001 Lee Street Des Plaines IL 60016 Des Plaines, IL.