Search
Mixed-Use Building with Restaurant
For Sale
Contact for pricing
Pending

1575 Ellinwood Ave, Des Plaines, IL 60016

First-floor restaurant space, upper-level apartments, and an outdoor patio create a flexible downtown configuration.

Property SizeContact for details
Days on Market143

Property Features for 1575 Ellinwood Ave

General Information

Standard status Pending
Property subtype Mixed Use, Retail
Listing Agency: Imperial Realty Company
Listed By: Joshua Hergott · License #IL 475167356
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 2:55PM

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 Imperial Realty Company

Investment Insights

Based on property information with market context.

This mixed-use property combines a first-floor restaurant with a 2,800-square-foot outdoor patio and two apartments on the second floor. The building contains 15,000 SF, supported by a separate 1,780 SF garage. The apartments and garage are occupied under month-to-month arrangements, providing existing occupancy across the residential and accessory spaces.

Set on a rectangular interior parcel, the property offers 125 feet of frontage and a 150-foot depth. It is located in downtown Des Plaines, approximately 0.2 miles from the Metra stop, between Brookdale Senior Living and the 2019 Opus mixed-use development. The City of Des Plaines has a grant program for restaurants and retailers.

Key Highlights

  • 15,000 SF mixed‑use building with first‑floor restaurant space
  • 2,800 SF outdoor patio serving the restaurant area
  • Two second‑floor apartments with month‑to‑month leases

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Daycare Center Barber Shop (Bike/Boat/Book/etc) Store Acupuncture Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,485
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor restaurant space, upper-level apartments, and an outdoor patio create a flexible downtown configuration.
Where is this mixed-use property located?
The property is located at 1575 Ellinwood Ave Des Plaines, IL.
What are key features of this property?
This property features: 15,000 SF mixed‑use building with first‑floor restaurant space; 2,800 SF outdoor patio serving the restaurant area; Two second‑floor apartments with month‑to‑month leases
More about this property
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