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Des Plaines Development Opportunity
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1217 E Thacker Street, Des Plaines, IL 60016

Large commercial land parcel in Des Plaines, Illinois.

Property Size188,903 SF
Lot Size4.34 Acres
Price / SF$18.53
Days on Market1896

Property Features for 1217 E Thacker Street

General Information

Standard status Active
Size 188,903 SF
Class A
Lot size 4.34 Acres
Property subtype Office, Industrial
Zoning M-2/C-3
Listing Agency: JLL Chicago | Americas Headquarters
Listed By: Aidan Cozzi · License #475.197030
Source: Crexi
Added: Aug 9, 2021 Changed: Oct 4 Last Checked: Oct 16 at 7:04AM

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 Chicago | Americas Headquarters

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Investment Insights

Based on property information with market context.

This commercial land parcel, encompassing 188903 square feet, is available for sale or lease. The property is located on E. Thacker Street in Des Plaines, Illinois. The location benefits from ongoing investment in the Des Plaines/Arlington Heights Corridor. The limited availability of Class A product in the submarket presents an opportunity for a developer to capitalize on the property's large scale and well-connected location with a ground-up multifamily project.

Key Highlights

  • Opportunity to develop a ground‑up multifamily project.
  • Benefits from ongoing investment in the Des Plaines/Arlington Heights Corridor.
  • Well‑connected location.

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Barber Shop (Bike/Boat/Book/etc) Store Florist Tattoo & Piercing Shop Clothing & Fashion 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

1,458
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Large commercial land parcel in Des Plaines, Illinois.
Where is this commercial land located?
The property is located at 1217 E Thacker Street Des Plaines, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Opportunity to develop a ground‑up multifamily project.; Benefits from ongoing investment in the Des Plaines/Arlington Heights Corridor.; Well‑connected location.
More about this property
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