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Refreshed Office Units
For Lease
$15 SF/Yr

770 Lee St Unit 202, Des Plaines, IL 60016

Build-to-suit flexibility is available with a 3-year lease commitment.

Space SizeContact for details
Days on Market43

Property Features for 770 Lee St Unit 202

General Information

Standard status Active
Total Parking Spaces 25
Lease Type Modified Gross

Space & Availability

Space Use Office
Condition Built-to-Suit

Additional Details

Lease Term 36 months
Public Transit Yes

Amenities

3 day janitorial light cleaning
heating
garbage
Listing Agency: HomeSmart Connect LLC
Listed By: Rosa Pena · License #475141934
Source: Grandviewrealtyservices
Added: Jul 20 Changed: Aug 29 Last Checked: Aug 30 at 8:51PM

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.

Office units at 770 Lee St Unit 202 feature new carpet and fresh paint, with build-to-suit work available for a 3-year lease. The property fronts a busy street and offers 25 shared parking spaces.

The location is across from a new townhome development and within walking distance of the Des Plaines Metra Train Station and downtown Des Plaines. O’Hare Airport is 6.9 miles away, while the Rosemont Convention Center is 6.0 miles away.

Monthly lease terms include heating, light janitorial service three days per week, and garbage service. The tenant is responsible for a portion of property taxes, electricity, air conditioning, and office space insurance.

Key Highlights

  • Build‑to‑suit work 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
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Frequently Asked Questions

What type of property is this?
Office units - Build-to-suit flexibility is available with a 3-year lease commitment.
Where is this office units located?
The property is located at 770 Lee St Unit 202 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 work available with a 3‑year lease; New carpet and fresh paint; 25 shared parking spaces
More about this property
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