Shovel-Ready Downtown Development
For Sale
$999,900
1345 E Prairie Avenue, Des Plaines, IL 60016
Fully entitled site with approved plans and permits in downtown Des Plaines, near the Metra station.
Property SizeContact for details
Days on Market26
Property Features for 1345 E Prairie Avenue
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$14,831
Amenities
Central air
Central Air Cooling
Building Details
Year Built
2026
Listing Agency:
@PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
(847) 692-5522
Listed By:
MICHAEL STANGEL
Source:
Corcoran
Added: Jul 24
Changed: Aug 8
Last Checked: Jul 25 at 3:50AM
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 @PROPERTIES CHRISTIE'S INTERNATIONAL REAL ESTATE
Investment Insights
Based on property information with market context.
This is a shovel-ready land development opportunity in downtown Des Plaines. The property features a fully entitled project, and the sale includes approved plans and permits designed to allow the next owner to begin construction without restarting the entitlement process.
Positioned in the downtown district, the site is described as being near the Des Plaines Metra station and close to local amenities such as Metropolitan Square, the public library, neighborhood parks, grocery stores, coffee shops, boutique shopping, and restaurants.
For buyers seeking a streamlined path from acquisition to construction, this offering transfers the completed planning and approval work to support immediate development activity.
Positioned in the downtown district, the site is described as being near the Des Plaines Metra station and close to local amenities such as Metropolitan Square, the public library, neighborhood parks, grocery stores, coffee shops, boutique shopping, and restaurants.
For buyers seeking a streamlined path from acquisition to construction, this offering transfers the completed planning and approval work to support immediate development activity.
Key Highlights
- Year built: 2026
- Fully entitled development site with approved plans and permits
- Shovel‑ready for the next owner to begin construction without new development approvals
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,514
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Fully entitled site with approved plans and permits in downtown Des Plaines, near the Metra station.
Where is this residential land & home lot located?
The property is located at 1345 E Prairie Avenue Des Plaines, IL.
What is the asking price?
The asking price for this property is $999,900.
What are key features of this property?
This property features: Year built: 2026; Fully entitled development site with approved plans and permits; Shovel‑ready for the next owner to begin construction without new development approvals
