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Spacious 2BR Condo with Patio
For Sale
$192,500

920 Beau Drive #110 Des, Des Plaines, IL 60016

First-floor unit with patio, new carpets, and in-unit laundry.

Property Size1,000 SF
Price / SF$192.50
Days on Market418

Property Features for 920 Beau Drive #110 Des

General Information

Standard status Active
Size 1,000 SF
Property subtype Condominium

Amenities

Forced Air
Natural Gas
Central Air
Range
Dishwasher
Refrigerator
Washer
Dryer
Patio

Building Details

Building Size 1,000 SF
Year Built 1963
Listing Agency: Realta Real Estate
Listed By: Rajan Kannath · License #475.123202
Source: Kw
Added: Aug 14, 2025 Changed: Oct 5 Last Checked: Oct 5 at 4:53PM

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 Realta Real Estate

Investment Insights

Based on property information with market context.

This spacious 2-bedroom, 1-bath first-floor unit features a large living room with a sliding door that leads to a patio providing direct access. Updates include new carpets, a dishwasher, and newer blinds. The unit has hookups for an in-unit washer and dryer, central air, and ceiling fans in all rooms. The master bedroom includes a walk-in closet. The building has an elevator and an in-ground pool on the premises. The property includes two open, unassigned parking spaces and storage space #22 in the basement. The building is pet-friendly, and rentals are allowed. The property is located close to the expressway, public transportation, and shopping.

Key Highlights

  • In‑unit washer and dryer hookup for added convenience.
  • Pet‑friendly building with rental allowance.
  • Central air conditioning and ceiling fans in all rooms.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,601
Cap Rate
6.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,020 $232.0K
Cap Rate 7%
$165,729 $165.7K
Cap Rate 9%
$128,900 $128.9K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$22.7K $22.68/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$21.1K $21.09/SF
− OpEx
−$9.5K −$9.49/SF
NOI
$11.6K $11.60/SF
Area
Cook County, IL
Vacancy
7.00%
Lease Rate
$22.68 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,020
Cap Rate 7%
$165,729
Cap Rate 9%
$128,900

Alternative Uses

Best Use
Apartment 5plus
$165.7K
$145.0K – $193.4K (±1% cap)
NOI $11,601 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.3K
$302.1K – $402.8K (±1% cap)
NOI $24,168 @ 7.0% cap · market cap 12.55%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

BATH & TILE DESIGN ... General Contractor

Suggested Use

Top Pick Law Firm Skin Care Clinic Daycare Center Cafe & Coffee Shop Travel Agency (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,322
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - First-floor unit with patio, new carpets, and in-unit laundry.
Where is this apartment building located?
The property is located at 920 Beau Drive #110 Des Des Plaines, IL.
What is the asking price?
The asking price for this property is $192,500.
What are key features of this property?
This property features: In‑unit washer and dryer hookup for added convenience.; Pet‑friendly building with rental allowance.; Central air conditioning and ceiling fans in all rooms.
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