Prime Development Site in Des
For Sale
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915 Graceland Ave, Des Plaines, IL
4.36 acre development site near downtown Des Plaines.
Property SizeContact for details
Lot Size1.23 Acres
Days on Market396
Property Features for 915 Graceland Ave
General Information
Standard status
Active
Lot size
1.23 Acres
Property subtype
LAND
Listing Agency:
JLL - Corporate
(312) 228-2437
Listed By:
Dan Reynolds · License #475144168
Source:
Moodyscre
Added: Jul 21, 2025
Changed: Aug 8
Last Checked: Aug 19 at 10:43AM
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 JLL - Corporate
Investment Insights
Based on property information with market context.
A 4.36 acre development site is available for acquisition at 1217 E. Thacker Street in Des Plaines, Illinois. The property, totaling 190,146 square feet, is divided into two sites: Site A at 3.14 acres and Site B at 1.23 acres. Situated near downtown Des Plaines, a northeastern suburb of Chicago, the property lies within the Des Plaines/Arlington Heights Corridor, an area known for new construction and attractive suburban living. The location benefits from walkable downtowns and public transportation options to Chicago's Central Business District. The property is near the Des Plaines Metra Station, offering convenient access to downtown Chicago and surrounding suburbs. The Union Pacific Northwest Line sees over 1,200 inbound passengers daily on weekdays. The future development of the property, known as Contour Place, is planned as a 50-unit townhome project and mid-rise apartment complex, capitalizing on its transit-oriented location.
Key Highlights
- Entitled for a 50‑unit townhome project and as‑of‑right mid‑rise apartment development.
- Located in the desirable Des Plaines/Arlington Heights Corridor, a target submarket for developers.
- Proximity to the Des Plaines Metra Station provides convenient access to downtown Chicago.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,458
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Frequently Asked Questions
What type of property is this?
Land - 4.36 acre development site near downtown Des Plaines.
Where is this land located?
The property is located at 915 Graceland Ave Des Plaines, IL.
What are key features of this property?
This property features: Entitled for a 50‑unit townhome project and as‑of‑right mid‑rise apartment development.; Located in the desirable Des Plaines/Arlington Heights Corridor, a target submarket for developers.; Proximity to the Des Plaines Metra Station provides convenient access to downtown Chicago.
