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    682 Lee St Des Plaines, IL 60016

    Sponsored
    For Lease
    $24 SF/Yr ($10,400 /Mo)

    Prime Des Plaines location, flexible space.

    Lot size:
    5,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Des Plaines property offers a unique opportunity for businesses seeking versatile office or retail space. Located at 682 Lee St, this beautiful vintage building boasts 5,200 square feet spread across two stories, offering a range of options to suit various needs. The property is conveniently situated next to the Post Office and just half a block from the downtown Des Plaines Metra station, providing excellent accessibility and visibility. The space is currently configured as multiple office suites, but the landlord is willing to customize the layout to accommodate tenants' specific requirements, with options ranging from 500 to 3,000 square feet. Whether you need a single office, the entire first floor with basement access, or the entire building, this property offers flexibility and adaptability. The building's traditional and creative office subtypes cater to a wide range of businesses. This single-tenant property presents a rare chance to secure a prime location in a thriving area with convenient access to public transportation and essential amenities. Flexible lease terms are available, making this an attractive proposition for businesses of all sizes. The property's vintage charm combined with its modern convenience makes it an ideal location for businesses seeking a unique and functional workspace in the heart of Des Plaines, Illinois, zip code 60016.

    Property Features for 682 Lee St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    5,200 SF
    Total Rate
    10400

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    3,000 SF
    Rate per SF
    $24

    HighLights

    • 5,200 SF two‑story building in Des Plaines, IL (60016) offering versatile office/retail space.
    • Located at 682 Lee St, next to the Post Office and a half block from the Des Plaines Metra station.
    • Divisible space, customizable layouts from 500 SF to 3,000 SF, or the entire building available.
    • Flexible lease terms available.
    • Prime location with excellent accessibility and visibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Des Plaines
    County
    Cook
    State
    Illinois
    Longitude
    -87.8884188
    Latitude
    42.0409052

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    FAQs

    What type of property is this?
    Office space - Prime Des Plaines location, flexible space.
    Where is this office space located?
    The property is located at 682 Lee St Des Plaines, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 5,200 SF two-story building in Des Plaines, IL (60016) offering versatile office/retail space.; Located at 682 Lee St, next to the Post Office and a half block from the Des Plaines Metra station.; Divisible space, customizable layouts from 500 SF to 3,000 SF, or the entire building available.
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    682 Lee St Des Plaines, IL 60016
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    Des Plaines, IL 60016
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    682 Lee St Des Plaines, IL 60016
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