Corner Lot with Income-Producing
For Sale
$850,000
1596 Oxford Road Des, Des Plaines, IL 60018
Updated two-story home with two rental units sits on a corner residentially zoned parcel at Oakton Street and Oxford Road.
Property SizeContact for details
Lot Size0.69 Acres
Days on Market167
Property Features for 1596 Oxford Road Des
General Information
Standard status
Active
Lot size
0.69 Acres
Property subtype
Unimproved Land
Site & Location
Road Access
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
2
Amenities
Central Air
Natural Gas
Electric to Site, Natural Gas Available
Building Details
Year Renovated
2019
Stories
2
Listing Agency:
Troy Realty Ltd
(773) 792-3000
Listed By:
Andrzej Olszowka · License #475160900
Source:
Kw
Added: Feb 24
Changed: Aug 8
Last Checked: Jul 18 at 1:44AM
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 Troy Realty Ltd
Investment Insights
Based on property information with market context.
The property consists of an updated two-story home configured as two separate rental units, both fully remodeled in 2019. The offering also includes a corner parcel with public water and sewer available to the site, providing a straightforward setup for buyers seeking immediate income while evaluating redevelopment plans.
Located at the intersection of E Oakton Street and Oxford Road in Des Plaines, the site benefits from corner exposure. The parcel is zoned residential and the information provided notes potential for future multifamily use under a PUD framework, with a zoning change required for the purchaser’s desired use.
This corner development opportunity may be appropriate for a range of future directions referenced in the listing materials, including commercial, retail, service, or residential development, subject to required approvals.
Located at the intersection of E Oakton Street and Oxford Road in Des Plaines, the site benefits from corner exposure. The parcel is zoned residential and the information provided notes potential for future multifamily use under a PUD framework, with a zoning change required for the purchaser’s desired use.
This corner development opportunity may be appropriate for a range of future directions referenced in the listing materials, including commercial, retail, service, or residential development, subject to required approvals.
Key Highlights
- 0.69‑acre corner lot at E Oakton St and Oxford Rd in Des Plaines, IL 60018 (approx. 143 ft x 223 ft).
- Updated two‑story home includes two separate rental units, fully remodeled in 2019.
- Zoned residential with potential for PUD future multifamily use; zoning change required for purchaser desired use.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
554
Businesses Nearby
Explore this area
Business Placement
Demographics for 60018, IL
30,051
Population
10,350
Households
2.9
Avg Household Size
40
Median Age
26%
College-Educated
82%
High-School Grad
16.6 sq mi
ZIP Area
1,810
Density / Sq Mi
$85,415
Median Household Income
$40,194
Median Earnings
$1,174
Median Rent
$302,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-story home with two rental units sits on a corner residentially zoned parcel at Oakton Street and Oxford Road.
Where is this duplex located?
The property is located at 1596 Oxford Road Des Des Plaines, IL.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 0.69‑acre corner lot at E Oakton St and Oxford Rd in Des Plaines, IL 60018 (approx. 143 ft x 223 ft).; Updated two‑story home includes two separate rental units, fully remodeled in 2019.; Zoned residential with potential for PUD future multifamily use; zoning change required for purchaser desired use.
