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    1555-1591 Lee St Des Plaines, IL 60018

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    For Lease
    Contact for pricing

    Retail space in major community center with high traffic.

    Property size:
    1,625 SF
    Lot size:
    16.59 Acres

    Property Features for 1555-1591 Lee St

    General Information

    Size
    1,625 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. The available space measures 1,625 square feet and is located at 1555-1591 Lee St, Des Plaines, IL.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

    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
    -87.891403
    Latitude
    42.0249975

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      Des Plaines Commercial Lease Opportunity

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    FAQs

    What type of property is this?
    Shopping center - Retail space in major community center with high traffic.
    Where is this shopping center located?
    The property is located at 1555-1591 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; - Major community center
    (312) 935-1400
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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
    1555-1591 Lee St Des Plaines, IL 60018
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