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Office Unit with Build-to-Suit Option
For Lease
$15 SF/Yr

770 Lee Street Unit 106, Des Plaines, IL 60016

Fresh carpet and paint complement this flexible commercial unit for office or service-oriented use.

Space SizeContact for details
Days on Market385

Property Features for 770 Lee Street Unit 106

General Information

Standard status Active
Total Parking Spaces 25
Property subtype COMMERCIAL
Lease Type Modified Gross

Space & Availability

Space Use Office
Condition Shell
Furnished No

Site & Location

Road Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Lease Term 36 months

Amenities

shared parking
janitorial cleaning

Building Details

Year Built 1966
Listing Agency: HomeSmart Connect LLC
Listed By: Rosa Pena · License #475141934
Source: Dawnmckennagroup
Added: Aug 1, 2025 Changed: Aug 18 Last Checked: Aug 20 at 11:40AM

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 HomeSmart Connect LLC

Investment Insights

Based on property information with market context.

Unit 106 at 770 Lee Street is an office-oriented commercial space with build-to-suit potential tied to a 3-year lease. The interior features new carpet and fresh paint, and the space is identified for office, retail business, medical office, insurance office, and CPA office use. Lease terms include heating, three-day janitorial light cleaning, and garbage service. The tenant is responsible for a portion of property taxes, electricity, air conditioning, and insurance.

The property fronts a busy street across from a new townhome development and is within walking distance of the Des Plaines Metra Train Station and downtown Des Plaines. O’Hare Airport is 6.9 miles away, and the Rosemont Convention Center is 6.0 miles away. Twenty-five shared parking spaces are available. The building was constructed in 1966.

Key Highlights

  • Build‑to‑suit potential with a 3‑year lease
  • New carpet and fresh paint in Unit 106
  • Office, retail, medical, insurance, and CPA office use identified

Property 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

Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

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

Market

Lease Benchmarks for Des Plaines, IL

$16.3 /SF/Yr
Avg Asking Price
$10–$26.5 /SF/Yr
Price Range
5,187 SF
Avg Space Size

This space is priced 8% below the average of $16.3 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Fresh carpet and paint complement this flexible commercial unit for office or service-oriented use.
Where is this office units located?
The property is located at 770 Lee Street Unit 106 Des Plaines, IL.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Build‑to‑suit potential with a 3‑year lease; New carpet and fresh paint in Unit 106; Office, retail, medical, insurance, and CPA office use identified
More about this property
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