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

    1521-1565 Lee St Des Plaines, IL 60018

    For Lease
    Contact for pricing

    Retail space available in a high-traffic community center.

    Property size:
    2,250 SF
    Lot size:
    16.59 Acres

    Property Features for 1521-1565 Lee St

    General Information

    Size
    2,250 SF
    Lot size
    16.59 Acres

    Source: CBRE | Chicago Agent Sean McCourt

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Community Center

    This retail space is located within a major community center, benefiting from a dense surrounding population and high traffic counts exceeding 45,000 vehicles per day. The location serves as a retail destination, anchored by grocery and fitness tenants that generate daily traffic. The property is surrounded by rooftops and is near dozens of national chains.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Oak Leaf Commons, The Oaks, i.d. SPOT, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.892318
    Latitude
    42.02592

    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
      View Details
    • $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
      View Details
    • $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?
    Shopping center - Retail space available in a high-traffic community center.
    Where is this shopping center located?
    The property is located at 1521-1565 Lee St Des Plaines, IL.
    What are key features of this property?
    This property features: - High traffic counts: Over 45,000 VPD; - Daily traffic generation with grocery and fitness anchors; - Dozens of national chains at or near this intersection
    (312) 935-1400
    Request Owner's contact information
    1521-1565 Lee St Des Plaines, IL 60018
    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.
    1521-1565 Lee St
    Des Plaines, IL 60018
    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
    1521-1565 Lee St Des Plaines, IL 60018
    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.