For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Neighborhood Strip Center with Rear Parking Title is generated by Realmo AI

    1667-1675 E oakton Street, Des Plaines, IL 60018

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Five single-level brick retail units with ample street and rear parking near IL-294 for flexible C-3 use.

    Type:Retail
    Property size:
    5,000 SF
    Price / SF:
    $130/SF
    Added:
    Jun 5, 2026
    Days on Market:
    21
    Last Refresh:
    Jun 20 at 9:57 am

    Property Features for 1667-1675 E oakton Street

    General Information

    Standard status
    Active
    Size
    5,000 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1970

    We can help!

    Contact an agent
    Nikki Hurt

    Listing office @properties

    Listing date Jun 5, 2026

    Source Crexi

    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

    HighLights

    • 5‑unit, single‑level brick neighborhood strip center built in 1970
    • Zoned C‑3 General Commercial with by‑right uses including retail, office, service, and restaurant
    • 4 units currently rented plus 1 rehabbed vacancy for lease at $1,500/month
    • Ample street parking for customers and rear parking for tenants
    • 3 contiguous PINs: 09‑28‑101‑004, 005, 006
    • NOI of $46,196 with Op‑Ex $27,004.08 (taxes $19,674.08, insurance $4,756, utilities $2,574); 7.1% CAP based on self‑managed basis

    Overview

    This 5-unit, single-level brick neighborhood strip center offers a straightforward retail configuration with storefront-style space. The property includes ample street parking for customers and rear parking for tenants. Four units are currently rented, and one rehabbed vacancy is available for lease. The center is comprised of 3 contiguous PINs: 09-28-101-004, 09-28-101-005, and 09-28-101-006.

    Located in Des Plaines on the most vibrant commercial stretch noted in the remarks, the property is conveniently close to Highway 294. On-street parking supports walk-up access, while tenant rear parking helps support daily operations and deliveries.

    Zoned C-3 General Commercial, the site offers by-right flexibility for retail, office, service, and restaurant uses. For an owner-operator, the mix of in-place rental units and an available rehabbed suite can support both steady occupancy and an immediate opportunity to establish or expand a business on the same site. The remarks also present a monthly income figure of $6,100 assuming the vacant space is rented for $1,500, along with stated NOI of $46,196 and presented NOI based on a self-managed basis.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8827925
    Latitude
    42.0240254

    FAQs

    What type of property is this?
    Strip mall - Five single-level brick retail units with ample street and rear parking near IL-294 for flexible C-3 use.
    Where is this strip mall located?
    The property is located at 1667-1675 E oakton Street Des Plaines, IL.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 5‑unit, single‑level brick neighborhood strip center built in 1970; Zoned C‑3 General Commercial with by‑right uses including retail, office, service, and restaurant; 4 units currently rented plus 1 rehabbed vacancy for lease at $1,500/month
    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