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770 Lee Street, Des Plaines, IL 60016

Commercial Lease, Des Plaines, IL

Space SizeContact for details
Days on Market2

Property Features for 770 Lee Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions between Thacker St. and Miner St. Across from New Town homes.
Subdivision Des Plaines
Standard status Active

Additional Details

Utilities Included in Rent heating, trash

Utilities

Cooling system Central Air

Amenities

walking distance to Metra train station
downtown Des Plaines
near O'Hare Airport
near Rosemont Convention Center

Building Details

Year built 1967
Floors in Building 2
Number of units 7
Flooring type Carpet
Building materials Brick
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Rosa Pena · License #475141934
Added: Oct 31 Last Checked: Nov 1 at 3:06PM
MLS# 12798657

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Office units at 770 Lee Street are available for lease in a brick building with carpet flooring and central air. Smaller units are also available on the first and second floors, and build-to-suit work may be considered with a lease of at least three years. The property was built in 1967 and is zoned COMMR.

The property is across the street from a new townhome development and a 1 1/2-block walk from the Des Plaines Metra station and downtown Des Plaines. O’Hare Airport is 6.9 miles away, and Rosemont Convention Center is 6.0 miles away. Shared parking accommodates 25 vehicles.

Lease inclusions are heating, three days of light janitorial service, and garbage. Tenants pay a portion of property taxes, electricity, air conditioning, and office-space insurance.

Key Highlights

  • Office or retail use potential
  • 25 shared parking spaces
  • Des Plaines Metra station is 1 1/2 blocks away

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

D Lamb Gate ... Home Health Care Service Dr. Louis Sorto Physician Fichera & Miller P.C. Law Firm Dr. Lisa Levick ... Physician Steven M. Pesenko, ... Physician

Suggested Use

Top Pick Real Estate Agency Daycare Center Barber Shop (Bike/Boat/Book/etc) Store Acupuncture Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,509
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Des Plaines, IL

$15.13 /SF/Yr
Avg Asking Price
$10–$21.5 /SF/Yr
Price Range
6,766 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Office or retail space includes shared parking and services such as heat, light janitorial cleaning, and garbage removal.
Where is this office unit located?
The property is located at 770 Lee Street Des Plaines, IL.
What are key features of this property?
This property features: Office or retail use potential; 25 shared parking spaces; Des Plaines Metra station is 1 1/2 blocks away
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