2720 S River Rd Des Plaines, IL 60016
5.59-acre site with 108,125 SF building near O’Hare Airport.
Type:Office
Property size:
108,125 SFLot size:
5.59 Acres- Added:
- Aug 9, 2022
- Days on Market:
- 1338
- Last Refresh:
- Mar 17 at 1:23 pm
Property Features for 2720 S River Rd
General Information
- Standard status
- Active
- Size
- 108,125 SF
- Lot size
- 5.59 Acres
- Property subtype
- Office
Listing agent Alissa Adler License #IL 000055930
Listing office Colliers - Rosemont, Illinois
Listing date Aug 9, 2022
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 Colliers - Rosemont, Illinois
Overview
Des Plaines Redevelopment Opportunity
Located in Des Plaines, Illinois, the property at 2720 River Road presents a redevelopment opportunity. The site encompasses approximately 5.59 acres and includes a 108,125 square foot office building. The property is suitable for redevelopment into multi-family housing, hospitality, senior living, or research and development facilities. The location offers proximity to O’Hare Airport, Rivers Casino, a strong office submarket, and various entertainment venues. The site benefits from direct visibility and over 550 feet of frontage on the Tri-State Tollway (I-294). The municipality of Des Plaines is considered developer-friendly and receptive to diverse uses. With 90.8% of the current tenancy expiring by the end of 2024, developers can utilize short-term leases and existing termination clauses to facilitate redevelopment options and alternative uses. The existing building features a lower level that could be repurposed for amenity space, and retaining the current footprint may lead to significant savings on development costs. The site includes over 375 surface parking spaces.
Location Intelligence
Current Use by Public Records
Ridgeland Partners
Consultant
CSN LLC
Factory
First Midwest Insurance ...
Insurance Agency
RAM Communications Inc
Telecommunications Service
.
Nightclub
Location Insight
- Map
- Local Demand
- City
- Des Plaines
- County
- Cook
- State
- Illinois
- Longitude
- -87.866544
- Latitude
- 42.00357
Nearby Similar for Sale
FAQs
What type of property is this?
Commercial land - 5.59-acre site with 108,125 SF building near O’Hare Airport.
Where is this commercial land located?
The property is located at 2720 S River Rd Des Plaines, IL.
What are key features of this property?
This property features: Ideal redevelopment opportunity on 5.59 acres in Des Plaines.; Exceptional location near O’Hare Airport, Rivers Casino, and major transportation.; **Direct visibility and 550+ feet of frontage on the Tri‑State Tollway (I‑294).**
