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    638-660 Metropolitan Way Des Plaines, IL 60016

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    For Lease
    Contact for pricing

    Retail space in downtown Des Plaines near Metra station.

    Property size:
    1,673 SF
    Lot size:
    1.30 Acres

    Property Features for 638-660 Metropolitan Way

    General Information

    Size
    1,673 SF
    Lot size
    1.30 Acres

    Source: Stone Real Estate Corp. Agent Noah O'Neill

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

    Overview

    Grocery Anchored Retail Space

    This retail space is located in a grocery-anchored shopping center in downtown Des Plaines. The property offers ample parking and is directly adjacent to the Des Plaines Metra station, providing transportation to downtown Chicago. The surrounding area features a mix of residential and office spaces, contributing to a high daytime and nighttime population. The location provides convenient access to Interstate 90 and 294, connecting to surrounding suburbs. New residential developments are planned for nearby areas. The property size is 1,673 square feet.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    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.

    Similar Places Nearby

    Metropolitan Square, i.d. SPOT

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8861202
    Latitude
    42.0421208

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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 downtown Des Plaines near Metra station.
    Where is this shopping center located?
    The property is located at 638-660 Metropolitan Way Des Plaines, IL.
    What are key features of this property?
    This property features: - Directly adjacent to the Des Plaines Metra station, providing transportation to downtown Chicago.; - Grocery-anchored shopping center with ample parking.; - Surrounded by residential and office space, ensuring high daytime and nighttime population.
    (312) 372-6200
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    638-660 Metropolitan Way Des Plaines, IL 60016
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    Des Plaines, IL 60016
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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
    638-660 Metropolitan Way Des Plaines, IL 60016
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