Build-to-Suit Retail
For Lease
$15 SF/Yr
770 Lee Street Unit 201, Des Plaines, IL 60016
Heating, light janitorial service, and garbage are included, with tenants responsible for electricity, air conditioning, and insurance.
Space SizeContact for details
Days on Market459
Property Features for 770 Lee Street Unit 201
General Information
Standard status
Active
Total Parking Spaces
25
Property subtype
COMMERCIAL
Space & Availability
Space Use
Office
Condition
Built-to-Suit
Lease Terms
Lease Term
36 months
Utilities Included in Rent
heating, garbage
Site & Location
Road Access
Yes
Public Transit
Yes
Building Details
Year Built
1966
Listing Agency:
HomeSmart Connect LLC
(847) 495-5000
Listed By:
Rosa Pena · License #475141934
(312) 623-0883
Source:
Purveyproperties
Added: Aug 1, 2025
Changed: Oct 31
Last Checked: Oct 31 at 3:05AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Retail space at 770 Lee Street, Unit 201, offers build-to-suit flexibility with a three-year lease. Recent interior work includes new carpet and paint. Heating, light janitorial service three days per week, and garbage are included in the monthly lease; the tenant pays a portion of property taxes, electricity, air conditioning, and office space insurance. Other units are also available.
The property is across from a new townhome development and within walking distance of the Des Plaines Metra station, about 1 1/2 blocks away, and downtown Des Plaines. O’Hare Airport is 6.9 miles away, and the Rosemont Convention Center is 6.0 miles away. Shared parking is available on site.
The property is across from a new townhome development and within walking distance of the Des Plaines Metra station, about 1 1/2 blocks away, and downtown Des Plaines. O’Hare Airport is 6.9 miles away, and the Rosemont Convention Center is 6.0 miles away. Shared parking is available on site.
Key Highlights
- 25 shared parking spaces
- About 1 1/2 blocks from the Des Plaines Metra station and within walking distance of downtown Des Plaines
- 6.9 miles from O’Hare Airport and 6.0 miles from the Rosemont Convention Center
Property Analytics
Current Use
Lease Details
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,509
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
Lease Benchmarks for Des Plaines, IL
$17.29 /SF/Yr
Avg Asking Price
$13–$25 /SF/Yr
Price Range
2,348 SF
Avg Space Size
This space is priced 13% below the average of $17.29 /SF/Yr.
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Heating, light janitorial service, and garbage are included, with tenants responsible for electricity, air conditioning, and insurance.
Where is this retail space located?
The property is located at 770 Lee Street 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: 25 shared parking spaces; About 1 1/2 blocks from the Des Plaines Metra station and within walking distance of downtown Des Plaines; 6.9 miles from O’Hare Airport and 6.0 miles from the Rosemont Convention Center
