22-Unit Apartment
For Sale
Contact for pricing
Pending
560-570 Princeton St, Des Plaines, IL 60016
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 Market379
Property Features for 560-570 Princeton St
General Information
Standard status
Pending
Size
20,000 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
22
Building Details
Units
22
Listed By:
Radina Dimova · License #IL
Source:
Crexi
Added: Aug 22, 2025
Changed: Sep 4
Last Checked: Aug 25 at 2:08PM
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.
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
Current Use
Lease Details
22
Residential units
Location Intelligence
Trade Area within ½ mile
798
Businesses Nearby
Explore this area
Business Placement
Demographics for 60016, IL
61,888
Population
25,613
Households
2.4
Avg Household Size
42
Median Age
43%
College-Educated
89%
High-School Grad
12.1 sq mi
ZIP Area
5,115
Density / Sq Mi
$84,044
Median Household Income
$50,180
Median Earnings
$1,406
Median Rent
$300,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
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
