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22-Unit Apartment Building

560-570 Princeton St Des Plaines, IL 60016

560-570 Princeton St, Des Plaines, IL, 60016
Contact for pricing
For Sale
Contact for pricing
Pending

Well-maintained 22-unit multifamily property with a rear parking lot and a mix of 1- and 2-bedroom apartments.

Property Size20,000 SF
Days on Market334

Property Features for 560-570 Princeton St

General Information

Standard status
Pending
Size
20,000 SF
Property subtype
Multifamily
Listed by Radina Dimova · License #IL
Source Crexi
Added: Aug 22, 2025 Updated: Jul 20 at 7:44PM Checked: Jul 21 at 5:39AM

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 Radina Dimova


Investment Insights

Based on property information with market context.

This 22-unit apartment building at 560–570 Princeton St offers a unit mix of fifteen 1BD/1BA apartments and seven 2BD/1BA apartments. The property includes a designated parking lot located in the rear of the building, along with well-maintained common areas, apartment units, and mechanical systems. The building is professionally managed and has been under the same long-term ownership for decades.

Located in Des Plaines within the northwest suburbs, the property sits on a peaceful street surrounded by single-family homes.

For-sale on an “offered for the first time in over 40 years” basis, the building is positioned for buyers seeking income from an in-place rental portfolio with opportunities for cosmetic updates and rent alignment through future improvements.

Key Highlights

  • Rarely available 22‑unit apartment building in Des Plaines
  • Unit mix: 15 apartments with 1BD/1BA and 7 apartments with 2BD/1BA
  • Designated parking lot located in the rear of the building

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Bakery Barber Shop Parking Lot & Garage Cafe & Coffee Shop (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Storage Facility Catering Service Garden Center Tech Support Center

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

FAQs

What type of property is this?
Apartment building - Well-maintained 22-unit multifamily property with a rear parking lot and a mix of 1- and 2-bedroom apartments.
Where is this apartment building located?
The property is located at 560-570 Princeton St Des Plaines, IL.
What are key features of this property?
This property features: Rarely available 22‑unit apartment building in Des Plaines; Unit mix: 15 apartments with 1BD/1BA and 7 apartments with 2BD/1BA; Designated parking lot located in the rear of the building
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