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Mixed-Use Building with Apartments
For Sale
$825,000

1815-25 E Oakton St, Des Plaines, IL 60018

Brick commercial and residential property with an occupied first-floor HVAC business and two apartments above.

Property Size7,070 SF
Price / SF$116.69
Days on Market52

Property Features for 1815-25 E Oakton St

General Information

Standard status Active
Size 7,070 SF
Property subtype Commercial

Building Details

Year Built 1973
Listing Agency: Baird & Warner
Listed By: Miguel Ruiz · License #475201700
Source: Illianahomesource
Added: Aug 6 Changed: Sep 10 Last Checked: Sep 26 at 7:39AM

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 Baird & Warner

Investment Insights

Based on property information with market context.

This 1973 brick mixed-use property contains approximately 6,274 square feet of commercial and residential space. The first floor is configured for commercial operations with reception and office areas, work and storage space, two bathrooms, and an attached garage with overhead-door access. Ten outdoor parking spaces support the property. Two apartments occupy the second floor, each equipped with electric heat, through-wall A/C, a water heater, and laundry. One apartment is occupied, while the other is vacant.

The property fronts E. Oakton Street in Des Plaines and offers access to I-90, I-294, and O'Hare International Airport. Separate utility metering is provided through six electric meters, and the building has 200-amp electrical service. The first floor is currently occupied by an HVAC business, while the residential component provides a combination of existing occupancy and available space.

Key Highlights

  • Approximately 6,274 square feet of commercial and residential space
  • Two second‑floor residential apartments; one occupied and one vacant
  • First‑floor HVAC business with reception, offices, work and storage areas

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Hair Salon Furniture & Home Goods

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

545
Businesses Nearby

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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick commercial and residential property with an occupied first-floor HVAC business and two apartments above.
Where is this mixed-use property located?
The property is located at 1815-25 E Oakton St Des Plaines, IL.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Approximately 6,274 square feet of commercial and residential space; Two second‑floor residential apartments; one occupied and one vacant; First‑floor HVAC business with reception, offices, work and storage areas
More about this property
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