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Office Unit with Build-to-Suit Option
For Lease
$16 SF/Yr

770 Lee St Unit 206, Des Plaines, IL 60016

Fresh finishes and shared parking support office use near commuter rail and downtown Des Plaines.

Space SizeContact for details
Days on Market42

Property Features for 770 Lee St Unit 206

General Information

Standard status Active
Listing Agency: HomeSmart Connect LLC
Listed By: Rosa Pena · License #475141934
Source: Realtopiare
Added: Jul 21 Changed: Aug 28 Last Checked: Aug 30 at 7:48PM

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 is available with build-to-suit improvements tied to a three-year lease. Recent property updates include new carpet and fresh paint. The space can accommodate office-oriented users such as insurance agencies, CPA practices, and medical offices, subject to the applicable lease arrangement.

The property is located at 770 Lee St in Des Plaines, across from a new townhome development and near the city’s downtown area. Des Plaines Metra Train Station is within walking distance, approximately 1 1/2 blocks away. O’Hare Airport is 6.9 miles from the property, while the Rosemont Convention Center is 6.0 miles away.

The lease includes heating, garbage service, janitorial light cleaning, and access to 25 shared parking spaces. The tenant is responsible for a portion of property taxes, electricity, air conditioning, and insurance.

Key Highlights

  • Build‑to‑suit improvements 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
$2.40 /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 1% 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 - Fresh finishes and shared parking support office use near commuter rail and downtown Des Plaines.
Where is this office units located?
The property is located at 770 Lee St Unit 206 Des Plaines, IL.
What is the lease rate?
The lease rate is $16 SF/Yr.
What are key features of this property?
This property features: Build‑to‑suit improvements available with a 3‑year lease; New carpet and fresh paint; 25 shared parking spaces
More about this property
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