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    Des Plaines Multifamily Investment Opportunity Title is generated by Realmo AI

    8713 W Ballard Road, Des Plaines, IL 60016

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    Claim this Listing
    For Sale
    Under Contract
    $1,200,000

    MULTI_FAMILY - Des Plaines, IL

    Lot size:
    0.41 Acres
    Added:
    May 1, 2026
    Days on Market:
    49
    Last Refresh:
    Jun 18 at 5:06 pm

    Property Features for 8713 W Ballard Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    COMMR
    Bedrooms
    11
    Bathrooms
    10
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 6, Bedroom 1, Bathroom 3, Bathroom 7, Bedroom 5, Bathroom 4, Bathroom 9, Bedroom 2, Bedroom 7, Bedroom 4, Bedroom 3, Bedroom 11, Bathroom 8, Bedroom 10, Bathroom 10, Bedroom 9, Bathroom 6, Bedroom 8, Bathroom 5
    Standard status
    Active Under Contract
    APN
    09143080191007
    Lot size
    0.41 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    23036

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1989
    Floors in Building
    3
    Number of units
    6
    Building materials
    Brick
    Roof type
    Composition

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    Listing Contact
    Marina Camenschi

    Listing agent Marina Camenschi

    Listing office HomeSmart Connect 150 E. Cook Ave Suite 104, Arlington Heights, IL

    Listing date May 1, 2026

    MLS# 12634779 Listing URL

    Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Strong, consistent cash flow with $120,000+ annual income and $84,000/year NOI.
    • Fully occupied 6‑unit building with long‑term tenants (10‑25+ years) ensuring stability.
    • New roof to be installed by mid May, contributing to overall maintenance and longevity.
    • Tenants pay all utilities, resulting in low operating expenses.
    • Parking available for all units.
    • Additional income generated through coin‑operated laundry.

    Overview

    This well-maintained, fully occupied 6-unit multifamily building in Des Plaines offers a strong, consistent cash flow. The property generates approximately $120,000+ in annual income with an estimated NOI of $84,000 per year. All units are tenant-occupied with long-term tenancy ranging from 10 to 25+ years, providing stability and minimal turnover. Tenants pay all utilities, helping to keep operating expenses low. Additional income is generated through coin-operated laundry. The property, situated on a 0.41-acre lot, includes parking for all units and has seen major system updates, including a new roof that will be installed by mid-May, contributing to overall maintenance and longevity. This property is being sold AS-IS and presents an excellent opportunity for investors seeking a stable, income-producing asset in a desirable suburban Chicago location. The zoning is COMMR.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.843601
    Latitude
    42.043236

    FAQs

    What type of property is this?
    Apartment building - Well-maintained, fully occupied 6-unit building with strong cash flow.
    Where is this apartment building located?
    The property is located at 8713 W Ballard Road Des Plaines, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: Strong, consistent cash flow with **$120,000+ annual income** and **$84,000/year NOI**.; Fully occupied 6‑unit building with long‑term tenants (10‑25+ years) ensuring stability.; New roof to be installed by mid May, contributing to overall maintenance and longevity.
    More about this property
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