Neighborhood Strip Center with Rear
For Sale
Contact for pricing
Pending
1667-1675 E oakton Street, Des Plaines, IL 60018
Five single-level brick retail units with ample street and rear parking near IL-294 for flexible C-3 use.
Property Size5,000 SF
Days on Market66
Property Features for 1667-1675 E oakton Street
General Information
Standard status
Pending
Size
5,000 SF
Property subtype
Retail
Building Details
Year Built
1970
Units
5
Listing Agency:
@properties
Listed By:
Nikki Hurt · License #475.164.464
Source:
Crexi
Added: Jun 5
Changed: Aug 8
Last Checked: Jul 24 at 3:02PM
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
Investment Insights
Based on property information with market context.
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.
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.
Key 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
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
16k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
7,919 visits/mo
0.4 miles
Exxon
Shops & Services
4,370 visits/mo
0.1 miles
Mobil
Shops & Services
3,901 visits/mo
0.3 miles
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 Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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
