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    2720 River Rd Des Plaines, IL 60016

    Sponsored
    For Lease
    $9 SF/Yr

    10 Suites, 531-2,499 sq ft

    Lot size:
    108,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This three-story Class B office building, totaling 108,000 square feet, is located at 2720 S River Rd, Des Plaines, IL 60016, in the Suburban - O'Hare submarket of Cook County. The property offers multiple tenancy options with a minimum divisible space of 531 square feet and a maximum contiguous space of 2,499 square feet. Currently, 16,541 square feet of space is vacant and available for lease. Building amenities include a striking atrium lobby with a grand staircase, a convenient conference room, a tenant lounge, and abundant outdoor parking. The building enjoys excellent visibility and easy access to major expressways, I-294 and I-90. Its strategic location provides proximity to O'Hare International Airport, Rivers Casino, Donald E. Stephens Convention Center, Allstate Arena, and the Chicago Prime Outlets, making it an attractive option for businesses seeking convenient access to transportation and entertainment. The property is ideal for businesses seeking flexible office space in a well-maintained building with convenient amenities and a prime location.

    Property Features for 2720 River Rd

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    108,000 SF
    Class
    B
    Total Rate
    85500

    Building Details

    Stories
    3

    Unit(s) available at that property

    Space
    Suite 256
    Size
    887 SF
    Rate per SF
    $16
    Space
    Suite 142
    Size
    1,403 SF
    Rate per SF
    $16
    Space
    Suite LL40
    Size
    1,536 SF
    Rate per SF
    $9
    Space
    Suite LL12
    Size
    2,499 SF
    Rate per SF
    $9
    Space
    Suite 136
    Size
    1,281 SF
    Rate per SF
    $16
    Space
    SUITE 131
    Size
    566 SF
    Rate per SF
    $16
    Space
    Suite 234
    Size
    1,443 SF
    Rate per SF
    $16
    Space
    Suite 231
    Size
    690 SF
    Rate per SF
    $16
    Space
    Suite 146
    Size
    1,468 SF
    Rate per SF
    $16
    Space
    Suite 216
    Size
    1,492 SF
    Rate per SF
    $16

    HighLights

    • Grand atrium lobby.
    • Tenant amenity lounge with vending machines.
    • Ample surface parking.
    • On‑site property management and maintenance services.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ridgeland Partners Consultant CSN LLC Steel Distributor First Midwest Insurance ... Auto Insurance Agency RAM Communications Inc Telecommunications Service Provider . Club

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing 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
    -87.86528145
    Latitude
    42.00361186

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    FAQs

    What type of property is this?
    Office Property / Space - 10 Suites, 531-2,499 sq ft
    Where is this office property / space located?
    The property is located at 2720 River Rd Des Plaines, IL.
    What is the lease rate?
    The lease rate is $9-$16 SF/Yr.
    What are key features of this property?
    This property features: Grand atrium lobby.; Tenant amenity lounge with vending machines.; Ample surface parking.
    Request Owner's contact information
    2720 River Rd 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
    2720 River Rd Des Plaines, IL 60016
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