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

770 Lee St Unit 201, Des Plaines, IL 60016

Fresh carpet, new paint, and shared parking accompany a three-year lease opportunity near Metra service.

Space SizeContact for details
Days on Market34

Property Features for 770 Lee St Unit 201

General Information

Standard status Active
Total Parking Spaces 25
Lease Type Modified Gross

Additional Details

Space Use Office
Lease Term 36 months
Public Transit Yes

Amenities

heating
3 day janitorial light cleaning
garbage

Building Details

Year Built 1966
Listing Agency: HomeSmart Connect LLC
Listed By: Rosa Pena · License #475141934
Source: Liveliferealty
Added: Jul 29 Changed: Aug 29 Last Checked: Aug 30 at 7:51PM

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.

This office unit offers build-to-suit potential with a three-year lease and recent interior updates, including new carpet and fresh paint. The space can accommodate an office or retail business, with other units also available. Monthly 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 office space insurance.

The property is positioned on a busy street across from a new townhome development. Des Plaines Metra Train Station is 1 1/2 blocks away, with downtown Des Plaines within walking distance. O'Hare Airport is 6.9 miles away, and the Rosemont Convention Center is 6.0 miles away. Shared parking provides 25 spaces.

Key Highlights

  • Build‑to‑suit office unit available with a 3‑year lease
  • New carpet and fresh paint
  • 25 shared parking spaces

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

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

$16.08 /SF/Yr
Avg Asking Price
$10–$26.5 /SF/Yr
Price Range
4,916 SF
Avg Space Size

This space is priced 7% below the average of $16.08 /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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Fresh carpet, new paint, and shared parking accompany a three-year lease opportunity near Metra service.
Where is this office units located?
The property is located at 770 Lee St Unit 201 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 office unit available with a 3‑year lease; New carpet and fresh paint; 25 shared parking spaces
More about this property
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