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Brick 8-Unit Multifamily Building
For Sale
Contact for pricing
Pending

748 E 5th Ct, Des Plaines, IL 60016

Brick 8-unit building with 7 one-bed and 1 two-bed unit, coin laundry, and private parking spaces.

Property SizeContact for details
Days on Market143

Property Features for 748 E 5th Ct

General Information

Standard status Pending
Class B+
Total Parking Spaces 8
Property subtype Multifamily

Additional Details

Multifamily Units 8
Listing Agency: Citypoint Arizona LLC
Listed By: Robert Rixer · License #BK3613514
Source: Crexi
Added: Apr 11 Changed: Aug 27 Last Checked: Aug 29 at 7:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Citypoint Arizona LLC

Investment Insights

Based on property information with market context.

This Class B+ brick multifamily building offers eight total units, including seven one-bedroom apartments and one two-bedroom apartment. The units are described as being in good condition. The property also includes newer mechanical units and a coin-operated laundry located in the basement.

The building provides 8 private parking spaces, along with ample street parking. Public remarks note exterior entrances, which may help keep common area expenses minimal.

The asset is positioned as a stable rental property in a residential setting described as tree-lined and secluded.

Key Highlights

  • Brick Class B+ 8‑flat in Des Plaines with 7 one‑bed units and 1 two‑bed unit
  • 7 one‑bed and 1 two‑bed unit mix all reported in good condition
  • 8 private parking spaces plus ample street parking

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Real Estate Agency Spa & Massage Center Law Firm Hair Salon Nail Salon

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

8
Residential units

Location Intelligence

Trade Area within ½ mile

437
Businesses Nearby

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Brick 8-unit building with 7 one-bed and 1 two-bed unit, coin laundry, and private parking spaces.
Where is this apartment building located?
The property is located at 748 E 5th Ct Des Plaines, IL.
What are key features of this property?
This property features: Brick Class B+ 8‑flat in Des Plaines with 7 one‑bed units and 1 two‑bed unit; 7 one‑bed and 1 two‑bed unit mix all reported in good condition; 8 private parking spaces plus ample street parking
More about this property
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